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Blockchain based high-frequency transaction method and system

A high-frequency transaction and blockchain technology, applied in the blockchain field, can solve problems such as difficult to handle large-scale transactions

Inactive Publication Date: 2017-07-07
广州太一云科技有限公司
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Decentralization may be one of the attributes that gives Bitcoin its edge and transformative potential, but it also makes it difficult to handle large-scale transactions

Method used

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  • Blockchain based high-frequency transaction method and system
  • Blockchain based high-frequency transaction method and system
  • Blockchain based high-frequency transaction method and system

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0028] Such as Figure 7 As shown, the block chain-based high-frequency trading method proposed by the present invention is a way of block chain off-chain transactions to realize high-frequency trading, as follows:

[0029] S101. Establishment of transaction channels outside the blockchain

[0030] The establishment of the payment channel is as follows: both parties sign an agreement with their own private keys, and publish the agreement on the blockchain. The agreement can also be understood as a smart contract. The content of the agreement is to lock a sum of funds on the blockchain, and the locked funds are distributed according to the ratio agreed by both parties. The locked funds can be contributed by one of the parties, or can be jointly contributed by both parties according to the agreed ratio. For example: a part of the funds are deposited in the payment channel, and the channel also records the distribution plan of the funds between the two parties. When the channe...

Embodiment 2

[0050] The block chain-based high-frequency transaction method proposed by the present invention is a method of block chain off-chain transactions to realize high-frequency transactions, as follows:

[0051] S101. Establishment of transaction channels outside the blockchain

[0052] The establishment of the payment channel is as follows: both parties sign an agreement with their own private keys, and publish the agreement on the blockchain. The agreement can also be understood as a smart contract. The content of the agreement is to lock a sum of funds on the blockchain, and the locked funds are distributed according to the ratio agreed by both parties. The locked funds can be contributed by one of the parties, or can be jointly contributed by both parties according to the agreed ratio. For example: a part of the funds are deposited in the payment channel, and the channel also records the distribution plan of the funds between the two parties. When the channel is first establ...

Embodiment 3

[0073] The block chain-based high-frequency transaction method proposed by the present invention is a method of block chain off-chain transactions to realize high-frequency transactions, as follows:

[0074] S101. Establishment of transaction channels outside the blockchain

[0075] The establishment of the payment channel is as follows: both parties sign an agreement with their own private keys, and publish the agreement on the blockchain. The agreement can also be understood as a smart contract. The content of the agreement is to lock a sum of funds on the blockchain, and the locked funds are distributed according to the ratio agreed by both parties. The locked funds can be contributed by one of the parties, or can be jointly contributed by both parties according to the agreed ratio. For example: a part of the funds are deposited in the payment channel, and the channel also records the distribution plan of the funds between the two parties. When the channel is first establ...

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PUM

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Abstract

The invention belongs to the field of blockchain technology, and provides a blockchain based high-frequency transaction method which is a transaction mode beyond a blockchain. The method comprises that a transaction channel beyond the blockchain is established, a transaction beyond the chain is carried out, and the transaction beyond the chain is settled. The invention also provides a blockchain based high-frequency transaction system which comprises a beyond blockchain transaction channel establishing module, a beyond-chain transaction module and a beyond-chain transaction settlement module. According to the method and system, problems that blockchain transactions are redundant and low-efficiency are solved, transactions without loss of assets can be realized, a high-frequency small-amount transaction scene is realized, and the transaction speed can reach 100 thousand times per second or more.

Description

technical field [0001] The present invention relates to the technical field of blockchain, in particular to a high-frequency trading method and system based on blockchain. Background technique [0002] The encrypted digital currency system built with blockchain as the underlying technology, due to its distributed characteristics, although the security of data records is high, the efficiency of transactions is lower than that of traditional central servers or transaction operators . This is also the reason why many people criticize that Bitcoin is currently unable to meet the timely processing of large-scale transaction orders. The specific technical reason is that the traditional blockchain technology needs to record every transaction, no matter how big or small the transaction is, and the capacity of a single block is limited. Using bitcoin as an example, to send bitcoins to someone, you create a transaction, cryptographically sign it (proving you are the creator), and br...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/04
CPCG06Q40/04
Inventor 邓迪丁江孟繁轲
Owner 广州太一云科技有限公司
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