Coinbase Global. has been granted a patent for an electronic device designed to compute SHA-256 hash values. The device features specialized circuitry for processing and storing SHA-256 values, enabling efficient data generation and storage on a peer-to-peer network. GlobalData’s report on Coinbase Global gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
According to GlobalData’s company profile on Coinbase Global, was a key innovation area identified from patents. Coinbase Global's grant share as of July 2024 was 35%. Grant share is based on the ratio of number of grants to total number of patents.
Electronic device for computing sha-256 hash values
The granted patent US12063291B2 describes an electronic device specifically designed for computing SHA-256 values. The device features communications, processing, storage, and hashing circuitry, with the hashing circuitry comprising sixty-four sequential rounds of SHA-256 processing. Each round includes an A register for storing SHA-256 A values and an E register for SHA-256 E values, while notably excluding other variable registers for SHA-256 B, C, D, F, G, or H values. The device is equipped with logic circuitry that manages the storage of values in the A and E registers and outputs a final SHA-256 result, which includes all SHA-256 values (A, B, C, D, E, F, G, and H) derived from the A and E registers of the sixty-four rounds.
Additionally, the patent outlines various components that enhance the device's functionality, such as difficulty comparison circuitry that assesses the final SHA-256 result against a predetermined difficulty value. The device also includes multiple message registers for storing messages composed of several message words, along with control circuitry that routes these words to the SHA-256 rounds. The design incorporates pipeline registers to facilitate data flow between rounds and utilizes a pointer register to manage read and write operations for the message registers. The processing circuitry is programmed to generate data based on the final SHA-256 result and to store this data within a peer-to-peer network using the communications circuitry, thereby enabling efficient data handling and processing in cryptographic applications.
To know more about GlobalData’s detailed insights on Coinbase Global, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
