Patent · US Active

Method and system for tuning blockchain scalability, decentralization, and security for fast and low-cost payment and transaction processing

US10204148B2 · kind B2 · utility

12Cited by
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14Claims
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Key dates

Filing dateSep 20, 2018
Grant dateFeb 12, 2019
Priority date
Expiry dateSep 20, 2038

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L2209/56
  • WIPO fieldDigital communication
  • WIPO sectorElectrical engineering

Abstract

A method for sharing data between blockchains in a multi-chain network comprising accessing a first block on a first blockchain of a multi-chain network, generating a cryptographic hash from the first block, defining a first anchor hash, recording the first anchor hash to a second block on a second blockchain of a multi-chain network, receiving a plurality of account addresses associated with the first and second blockchains and an account state for each account associated with the plurality of account addresses, a plurality of transactions, and a plurality of transaction receipts, generating a world state trie comprising a mapping between the first plurality of account addresses and the account states, a transactions trie comprising the plurality of transactions, and a transaction receipts trie comprising the plurality of transactions receipts, and root hashes thereof, and recording the root hashes to each block of the first and second blockchains.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.