US Patent Issued to SHENZHEN RED BRICK TECHNOLOGY on July 8 for "Consensus method used for miner node in blockchain system and blockchain system" (Chinese Inventor)

ALEXANDRIA, Va., July 9 -- United States Patent no. 12,355,880, issued on July 8, was assigned to SHENZHEN RED BRICK TECHNOLOGY Co. LTD. (Shenzhen, China).

"Consensus method used for miner node in blockchain system and blockchain system" was invented by Qiang Cheng (Guangdong, China).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are a blockchain system and a consensus method for use in a miner node in a blockchain system. A specific embodiment of the method includes: acquiring a lower-limit accumulative unused duration; executing, in a trusted execution environment associated with the miner node, a bookkeeping right determination operation including: determining a current accumulative unused durati...