Protocol Labs Assigned Patent

Protocol Labs, Inc., San Francisco, CA , has been assigned a patent (10,615,979) developed by Greco, Nicola, Cambridge, MA, Batiz-Benet, Juan, Palo Alto, CA, and Dalrymple, David Allen, Las Vegas, NV, for “replication-related protocols for decentralized networks.“

The abstract of the patent published by the U.S. Patent and Trademark Office states: ”Methods, systems, and apparatus, including computer programs encoded on computer storage media, for replication-related protocols for decentralized networks. One method includes: receiving, at a prover, a file to be stored, encoding the file to be stored using an encoding function to produce an encoded stored file wherein the time to encode using the encoding function takes at least a minimum encoding time, receiving a challenge at the prover, producing a proof at the prover in response to the challenge within a verify time period, wherein the proof is determined in part by decoding the encoded stored file and wherein the verify time period is less than the minimum encoding time, and taking an action, (e.g., rewarding a storage miner/prover) in response to the proof.”

The patent application was filed on November 19, 2018 (16/195,597).