Amazon granted patent for Bitcoin-style system to fight DDoS attacks

    Date17 May 2019
    CategoryCryptography
    1535
    Posted ByBrittany Day
    Mekle Cryptocurrency Tree Amazon Aws Patent Filing Success Blockchain Proof Of Work 796x448

    Cryptocurrency rumor mongers are likely to be dancing today as Amazon has successfully filed a patent for a Bitcoin-styled Proof-of-Work system. But don’t get ahead of yourself, it doesn’t look like the Seattle-based ecommerce giant will be accepting Bitcoin for payments.

    Despite first being filed in December 2016, Amazon’s patent application was granted earlier this week and appears to outline a system that uses Proof-of-Work to prevent distributed denial-of-service (DDoS) attacks.

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