US Patent Issued to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE on June 24 for "Method and apparatus for selecting distributed consensus node based on proof of nonce" (South Korean Inventors)

ALEXANDRIA, Va., June 25 -- United States Patent no. 12,341,883, issued on June 24, was assigned to ELECTRONICS AND TELECOMMUNICATIONS RESEARCH INSTITUTE (Daejeon, South Korea).

"Method and apparatus for selecting distributed consensus node based on proof of nonce" was invented by Jin-Tae Oh (Daejeon, South Korea), Joon-Young Park (Daejeon, South Korea) and Ki-Young Kim (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method for selecting a consensus node in an apparatus for generating a blockchain includes reading a nonce from the nonce chain of a node, performing an operation on the read nonce and previous height information, and comparing the result of the operation with a reference ...