en
Back to the list

Theta Labs Now Approved for Patent Application, Enhancing VDFs

source-logo  coinquora.com 15 August 2021 16:40, UTC
  • Theta Labs now approved for patent application, USPTO Number 17/224,109 (Theta-1005).
  • This will enhance Theta Lab’s security from malicious attacks.
  • And definitely prevent denial-of-service attacks in decentralized edge networks.

Client-server or peer-peer blockchain networks are at risk of DoS attacks (denial-of-service). These DoS attacks disturb the user’s access to a blockchain network. This happens due to the overloading of nodes and high data requests, causing network congestion.

But, with the use of VDFs (verifiable delay functions), these attacks become null.

Subsequently, the approved patent application Number 17/224,109 (“THETA-1005”) from Theta Labs decreases DoS attacks using VDFs. This patent heightens protection on blockchain networks. Examples are data streaming and delivery, micropayments, peer node discovery, and DRM via NFTs. This is a variation of the patents and protection that surrounds the whole Theta network and technology.

Theta’s patent for “Preventing denial-of-service attacks in decentralized edge networks” was officially issued today! You can find the record for U.S. patent 11,089,051 here:https://t.co/5WZoE70uwl

For technical details see the release blog below: https://t.co/jmMgvgPp3x

— Theta Network (@Theta_Network) August 10, 2021

VDFs speed up the process because it has non-parallel computation. VDFs can be used in peer-to-peer data delivery networks with DRM, NFT, and DeFi applications. This makes the whole network stable and secure. Client-server networks, peer-to-peer networks, and even hybrid networks use this method.

In addition, when a server finds malicious attempts, the server will issue a VDF puzzle. The honest node will detect it right away and solve it before it moves on to the next client request.

With this new feature, Theta Labs will be able to see threats and attacks immediately and serve honest modes; thanks to VDFs and this new patent.

coinquora.com