Patent · US Active

Distributed network with consensus mechanism

US12423685B2 · kind B2 · utility

0Cited by
0References
23Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 22, 2020
Grant dateSep 23, 2025
Priority date
Expiry dateApr 27, 2041

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q20/38215
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An aspect of the invention relates to a distributed network comprising a plurality of network nodes. The distributed network is configured to perform a method for reaching a consensus on a sequence of values in an advantageous manner. The method performs consecutive notarization rounds. The notarization rounds comprise steps of creating value proposals to be added to the sequence, communicating the value proposals to a notarization subset of the plurality of nodes and performing a validity check of received value proposals. The notarization rounds may comprise further steps of executing individual notarization signatures on a subset of the value proposals that are valid. The notarization rounds may further comprise performing a consistency check of the value proposals and executing consistency signatures on a subset of the value proposals. The method may further comprise a finality procedure to finalize a value proposal once a predefined finality rule set has been fulfilled.

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