Patents by Inventor Sheldon Bennett

Sheldon Bennett has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • CUSTOM MEMPOOL PROTOCOL ASSOCIATED WITH PROCESSING OF CRYPTOGRAPHIC EVENTS
    Publication number: 20240152903
    Abstract: Systems and methods for processing events transmitted by an application to hashing processors executing a custom mempool protocol that is independent of the public blockchain protocol. Events transmitted by the application are hashed only into blocks with other events transmitted by the application or events with parameters satisfying a screening criterion and are not propagated to mempools of nodes that are not executing the custom mempool protocol. The blocks are appended to the blockchain according to the public blockchain protocol. Thus, application users exercise intentionality over which hashing processors process their events and which other events will be hashed into a block with the users' events.
    Type: Application
    Filed: October 4, 2023
    Publication date: May 9, 2024
    Inventors: Sheldon Bennett, Adrian Glover
  • Custom mempool protocol associated with processing of cryptographic events
    Patent number: 11810103
    Abstract: Systems and methods for processing events transmitted by an application to hashing processors executing a custom mempool protocol that is independent of the public blockchain protocol. Events transmitted by the application are hashed only into blocks with other events transmitted by the application or events with parameters satisfying a screening criterion and are not propagated to mempools of nodes that are not executing the custom mempool protocol. The blocks are appended to the blockchain according to the public blockchain protocol. Thus, application users exercise intentionality over which hashing processors process their events and which other events will be hashed into a block with the users' events.
    Type: Grant
    Filed: May 23, 2022
    Date of Patent: November 7, 2023
    Inventors: Sheldon Bennett, Adrian Glover
  • SELECTION OF CRYPTOGRAPHIC IDENTIFIERS IN A BLOCK
    Publication number: 20230177607
    Abstract: A method for detecting and tracking tainted cryptographic wallets. The method measures a wallet's propensity to engage in criminal or suspicious activity. Naturally, transacting with a criminal is tantamount either to funding crime or laundering its proceeds, so it is in our collective interest to identify—and then monitor or quarantine—any wallet with criminal association. The method also automatically flags risky withdrawal requests in real-time for further review before committing them to the blockchain. In some embodiments, the exchange can quarantine wallets at a certain AddressScore.
    Type: Application
    Filed: January 26, 2023
    Publication date: June 8, 2023
    Inventors: Adrian Glover, Sheldon Bennett, James Stafford-Coyte
  • CUSTOM MEMPOOL PROTOCOL ASSOCIATED WITH PROCESSING OF CRYPTOGRAPHIC EVENTS
    Publication number: 20220335413
    Abstract: Systems and methods for processing events transmitted by an application to hashing processors executing a custom mempool protocol that is independent of the public blockchain protocol. Events transmitted by the application are hashed only into blocks with other events transmitted by the application or events with parameters satisfying a screening criterion and are not propagated to mempools of nodes that are not executing the custom mempool protocol. The blocks are appended to the blockchain according to the public blockchain protocol. Thus, application users exercise intentionality over which hashing processors process their events and which other events will be hashed into a block with the users' events.
    Type: Application
    Filed: May 23, 2022
    Publication date: October 20, 2022
    Inventors: Sheldon Bennett, Adrian Glover
  • Custom mempool protocol associated with processing of cryptographic events
    Patent number: 11373170
    Abstract: Systems and methods for processing events transmitted by an application to hashing processors executing a custom mempool protocol that is independent of the public blockchain protocol. Events transmitted by the application are hashed only into blocks with other events transmitted by the application or events with parameters satisfying a screening criterion and are not propagated to mempools of nodes that are not executing the custom mempool protocol. The blocks are appended to the blockchain according to the public blockchain protocol. Thus, application users exercise intentionality over which hashing processors process their events and which other events will be hashed into a block with the users' events.
    Type: Grant
    Filed: August 11, 2021
    Date of Patent: June 28, 2022
    Inventors: Sheldon Bennett, Adrian Glover
  • SELECTION OF CRYPTOGRAPHIC IDENTIFIERS IN A BLOCK
    Publication number: 20220036455
    Abstract: A method for detecting and tracking tainted cryptographic wallets. The method measures a wallet's propensity to engage in criminal or suspicious activity. Naturally, transacting with a criminal is tantamount either to funding crime or laundering its proceeds, so it is in our collective interest to identify—and then monitor or quarantine—any wallet with criminal association. The method also automatically flags risky withdrawal requests in real-time for further review before committing them to the blockchain. In some embodiments, the exchange can quarantine wallets at a certain AddressScore.
    Type: Application
    Filed: July 28, 2020
    Publication date: February 3, 2022
    Inventors: Sheldon Bennett, Adrian Glover, James Stafford-Coyte