Blockchain system for mining transaction using parallel blocks to improve scalability and a method thereof
US12393938B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 28, 2023 |
| Grant date | Aug 19, 2025 |
| Priority date | — |
| Expiry date | Jan 21, 2044 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A blockchain system for mining a transaction using parallel blocks to improve scalability is provided. The blockchain system includes a sender node, a blockchain network, and mining nodes. The sender node (i) creates a transaction, and (ii) broadcasts the transaction on the blockchain network. Each of the mining nodes is configured to (I) split the transaction into disjoint subsets based on a hash value of the public key; (II) assign the disjoint subsets to a plurality of sub-chains that are mined in parallel by a plurality of miners; (III) mine the parallel block followed by a mining block; and (IV) verify multiple sets of transactions associated with the parallel block using an umbrella-proof-of-work method, thereby improving scalability of the blockchain system.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.