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Electronic currency management method and electronic currency node device

A technology of electronic currency and management method, applied in the field of electronic currency system, can solve problems such as waste of resources, redundant storage space of block chain, waste, etc., and achieve the effect of reducing waste

Inactive Publication Date: 2016-12-21
DIQI INC +1
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  • Summary
  • Abstract
  • Description
  • Claims
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Problems solved by technology

In addition, since Bitcoin has two independent mechanisms in "block generation" and "transaction generation", in the case of no transaction generation, a new block will still be generated in the Bitcoin blockchain. This will also result in the redundancy of the blockchain and the waste of storage space
Furthermore, the nodes in the Bitcoin network are used to calculate and generate this block without transaction content, which virtually wastes the resources of the nodes used to implement the proof-of-work mechanism

Method used

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  • Electronic currency management method and electronic currency node device
  • Electronic currency management method and electronic currency node device
  • Electronic currency management method and electronic currency node device

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Embodiment Construction

[0056] The present invention proposes an electronic money management method and an electronic money node device, which are applicable to an electronic money network based on block chain technology. The electronic money management method and the electronic money node device can immediately process newly generated transactions and reduce the waste of computing resources in the electronic money network. In addition, in some examples, the electronic money management method and the electronic money node device can effectively reduce the time required to generate new blocks in the blockchain and can more effectively control the issuance of electronic money. In particular, the electronic money management method and the electronic money node device proposed by the present invention are not limited to be applied to a certain known or unknown electronic money.

[0057] figure 1 It is a schematic block diagram of an electronic money node device according to an embodiment.

[0058] Plea...

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Abstract

The invention provides an electronic currency management method and an electronic currency node device, which are suitable for an electronic currency network based on a block chain. The method comprises the following steps: judging whether transaction is generated, and if the transaction is generated, carrying out a workload proving mechanism; and if no transaction is generated, not carrying out the workload proving mechanism, wherein the workload proving mechanism comprises obtaining a front block and calculating a front hash value of the front block, and finding a current verification value of the current block according to the front hash value, thereby processing the transaction in real time and reducing waste of operation resources in the electronic currency network.

Description

technical field [0001] The present invention relates to an electronic money system, and in particular to an electronic money management method and an electronic money node device. Background technique [0002] In recent years, various electronic currencies based on blockchain technology, such as Bitcoin (Bitcoin), Litecoin (Litecoin), etc., have become popular on the Internet and are widely used. The daily transaction amount of electronic currency has exceeded tens of millions of dollars, and it continues to grow. At present, many well-known companies and institutions support the use of electronic currency represented by Bitcoin as a transaction method. [0003] At present, the most widely accepted electronic currency is bitcoin, which is an electronic currency system based entirely on point-to-point (P2P for short), so that all payments can be made directly by both parties to the transaction, completely getting rid of the need for payment via the third party. A payment mo...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/36G06Q20/40
CPCG06Q20/36G06Q20/401G06Q20/0655G06Q20/3827G06Q20/10
Inventor 廖世伟谢咏宸
Owner DIQI INC
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