Trading information verification method and trading information verification system
Patent Information
- Authority / Receiving Office
- CN · China
- Current Assignee / Owner
- JIANGSU PAYEGIS TECH CO LTD
- Publication Date
- 2017-03-29
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Abstract
Description
technical field
[0001] The invention relates to the technical field of the Internet, in particular to a transaction information verification method and system. Background technique
[0002] Blockchain is a new type of decentralized protocol that can safely store digital currency transactions or other data. Information cannot be forged and tampered with. Smart contracts can be automatically executed without any audit by a centralized organization.
[0003] On the blockchain network, in order to ensure the validity of all transaction information, each node must verify the transaction information after receiving the transaction information. Only the verified transaction will be propagated by the node to its connected node, otherwise the transaction information is discarded.
[0004] However, since each node has to verify the transaction information for each transaction information, when the number of nodes in the blockchain network is very large, this process will generate a c...