ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,434, issued on Aug. 5, was assigned to Flexa Inc. (New York).
"Batched and secure stake rewards calculation" was invented by Tyler Robert Spalding (New York), Trevor Filter (New York) and Zachary Kilgore (Brooklyn, N.Y.).
According to the abstract* released by the U.S. Patent & Trademark Office: "A method includes determining, by a stake account manager, to distribute rewards to one or more stake accounts of a stake pool, obtaining privately stored stake account information of the one or more stake accounts and a rewards balance of the stake pool, calculating a reward amount of the rewards balance owed to each stake account of the one or more stake accounts based on the privately ...