Coinbase Bitcoin Exchange - US Patent Application 20150262139

United States Patent Application	20150262139
Kind Code	A1
Shtylman; Roman	September 17, 2015

---

BITCOIN EXCHANGE 

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Shtylman; Roman; (New York, NY)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660440
Filed:	March 17, 2015

---

Coinbase applied for 10 US Patent Applications

Unlike other cryptocurrency exchanges in existense, Coinbase, headquarted in San Francisco, CA, worked hard on the following 10 patent application all dealing with Bitcoin:

1 US Patent 20160344543 Security system forming part of a bitcoin host computer
2 US Patent 20150262176 Hot wallet for holding bitcoin
3 US Patent 20150262172 User private key control
4 US Patent 20150262171 Bitcoin private key splitting for cold storage
5 US Patent 20150262168 Instant exchange
6 US Patent 20150262141 Personal vault
7 US Patent 20150262140 Send bitcoin to email address
8 US Patent 20150262139 Bitcoin exchange
9 US Patent 20150262138 Tip button
10 US Patent 20150262137 Off-block chain transactions in combination with on-block chain transactions

In 2016, Coinbase received US Patent 9,436,935 Computer system for making a payment using a tip button.

A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades. 

Coinbase - United States Patent Application 20160344543 - SECURITY SYSTEM FORMING PART OF A BITCOIN HOST COMPUTER

United States Patent Application

	20160344543
Kind Code	A1
Alness; Andrew E. ;   et al.	November 24, 2016

---

SECURITY SYSTEM FORMING PART OF A BITCOIN HOST COMPUTER

Abstract A key ceremony application creates bundles for custodians encrypted with their passphrases. Each bundle includes master key share. The master key shares are combined to store an operational master key. The operational master key is used for private key encryption during a checkout process. The operational private key is used for private key decryption for transaction signing in a payment process. The bundles further include TLS keys for authenticated requests to create an API key for a web application to communicate with a service and to unfreeze the system after it has been frozen by an administrator.

---

Inventors:

Alness; Andrew E.; (Santa Cruz, CA) ; Hudon; James Bradley; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	57325726
Appl. No.:	14/716100
Filed:	May 19, 2015

---

Current U.S. Class:	1/1
Current CPC Class:	H04L 9/0819 20130101; G06Q 20/3823 20130101; G06Q 20/065 20130101
International Class:	H04L 9/08 20060101 H04L009/08; G06Q 20/06 20060101 G06Q020/06

---

 

Coinbase - United States Patent Application 20150262172 - USER PRIVATE KEY CONTROL

United States Patent Application	20150262172
Kind Code	A1
Rebernik; Miha	September 17, 2015

---

USER PRIVATE KEY CONTROL

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Rebernik; Miha; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660427
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262171 - BITCOIN PRIVATE KEY SPLITTING FOR COLD STORAGE

United States Patent Application	20150262171
Kind Code	A1
Langschaedel; Julian ;   et al.	September 17, 2015

---

BITCOIN PRIVATE KEY SPLITTING FOR COLD STORAGE

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Langschaedel; Julian; (Essen, DE) ; Armstrong; Brian D.; (Beaverton, OR) ; Ehrsam; Fred E.; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660331
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262176 - HOT WALLET FOR HOLDING BITCOIN

United States Patent Application	20150262176
Kind Code	A1
Langschaedel; Julian ;   et al.	September 17, 2015

---

HOT WALLET FOR HOLDING BITCOIN

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Langschaedel; Julian; (Essen, DE) ; Armstrong; Brian D.; (Beaverton, OR) ; Ehrsam; Fred E.; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660418
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262168 - INSTANT EXCHANGE

United States Patent Application	20150262168
Kind Code	A1
Armstrong; Brian D.	September 17, 2015

---

INSTANT EXCHANGE

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Armstrong; Brian D.; (Beaverton, OR)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660014
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262141 - PERSONAL VAULT

United States Patent Application	20150262141
Kind Code	A1
Rebernik; Miha ;   et al.	September 17, 2015

---

PERSONAL VAULT

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Rebernik; Miha; (San Francisco, CA) ; Armstrong; Brian D.; (Beaverton, OR) ; Carlson-Wee; Morris Olaf; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660422
Filed:	March 17, 2015

---

 

Coinbase - United States Patent Application 20150262140 - SEND BITCOIN TO EMAIL ADDRESS

United States Patent Application	20150262140
Kind Code	A1
Armstrong; Brian D.	September 17, 2015

---

SEND BITCOIN TO EMAIL ADDRESS

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Armstrong; Brian D.; (Beaverton, OR)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660296
Filed:	March 17, 2015

---

 

Coinbase - United States Patent Application 20150262139 - BITCOIN EXCHANGE

United States Patent Application	20150262139
Kind Code	A1
Shtylman; Roman	September 17, 2015

---

BITCOIN EXCHANGE

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Shtylman; Roman; (New York, NY)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660440
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262138 - TIP BUTTON

United States Patent Application	20150262138
Kind Code	A1
Hudon; James Bradley	September 17, 2015

---

TIP BUTTON

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Hudon; James Bradley; (San Francisco, CA)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660432
Filed:	March 17, 2015

---

Coinbase - United States Patent Application 20150262137 - OFF-BLOCK CHAIN TRANSACTIONS IN COMBINATION WITH ON-BLOCK CHAIN TRANSACTIONS

United States Patent Application	20150262137
Kind Code	A1
Armstrong; Brian D.	September 17, 2015

---

OFF-BLOCK CHAIN TRANSACTIONS IN COMBINATION WITH ON-BLOCK CHAIN TRANSACTIONS

Abstract A system and method for transaction bitcoin is described. Bitcoin can be sent to an email address. No miner's fee is paid by a host computer system. Hot wallet functionality is provided that transfers values of some Bitcoin addresses to a vault for purposes of security. A private key of a Bitcoin address of the vault is split and distributed to keep the vault secure. Instant exchange allows for merchants and customers to lock in a local currency price. A vault has multiple email addresses to authorize a transfer of bitcoin out of the vault. User can opt to have private keys stored in locations that are under their control. A tip button rewards content creators for their efforts. A bitcoin exchange allows for users to set prices that they are willing to sell or buy bitcoin and execute such trades.

---

Inventors:

Armstrong; Brian D.; (Beaverton, OR)

Applicant:	Name City State Country Type Coinbase, Inc. San Francisco CA US
Assignee:	Coinbase, Inc. San Francisco CA
Family ID:	54069270
Appl. No.:	14/660307
Filed:	March 17, 2015

---