The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 05, 2025
Filed:
Jul. 27, 2021
Flexa Inc., New York, NY (US);
Tyler Robert Spalding, New York, NY (US);
Trevor Filter, New York, NY (US);
Zachary Kilgore, Brooklyn, NY (US);
Flexa Inc., New York, NY (US);
Abstract
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 stored stake account information, and performing a batched and secure calculation technique on the calculated reward amounts to produce a batched and secure rewards distribution summary. The batched and secure rewards distribution summary ensures that each reward amount is calculated correctly and that the privately stored stake account information remains private. The method further includes publishing the batched and secure rewards distribution summary to the blockchain. The publishing the batched and secure rewards distribution summary deposits reward amounts to the each stake account.