Rapid transaction alliance chain construction method compatible with multiple asset types

A construction method and multi-compatible technology, which is applied in the field of alliance chain construction compatible with multi-asset types and fast transactions, can solve problems such as hindering commercial applications, and achieve the effects of improving asset circulation efficiency, extensive compatibility, and reducing the time to reach consensus

Active Publication Date: 2017-08-11
HANGZHOU YUNXIANG NETWORK TECH
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Problems solved by technology

This delay is necessary to confirm that the most recent transaction is indeed completed by the node with the largest workload, but this delay ultimately hinders many commercial applications that require real-time or near-immediate execution
Secondly, the current digital currency systems are independent and can only conduct transactions of a single asset type; i...

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  • Rapid transaction alliance chain construction method compatible with multiple asset types
  • Rapid transaction alliance chain construction method compatible with multiple asset types
  • Rapid transaction alliance chain construction method compatible with multiple asset types

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Embodiment Construction

[0036] In order to describe the present invention more specifically, the technical solutions of the present invention will be described in detail below in conjunction with the accompanying drawings and specific embodiments.

[0037] The present invention proposes a block chain alliance mechanism design method that is compatible with multi-asset type fast transactions, and introduces alliance chain technology to realize the transaction intercommunication of various types of digital assets. At the same time, it introduces fixed multi-party signatures on the basis of fully ensuring system security The consensus mechanism replaces the workload proof, a dynamic multi-signature mechanism, which significantly shortens the transaction time; the specific implementation plan adopts the following steps:

[0038] (1) Introduce the side chain as a medium for asset transfer, and break through the transaction barriers of various asset types through the alliance linkage mechanism.

[0039] Si...

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Abstract

The invention discloses a rapid transaction alliance chain construction method compatible with multiple asset types. The alliance chain technology is introduced to realize transaction intercommunication of multiple types of digit assets, based on that system safety is guaranteed, a fixed multi-party signature consensus mechanism is introduced to replace workload to prove the dynamic multi-party signature mechanism, and the transaction time is substantially shortened. The method is advantaged in that through breaking transaction barriers among the different asset types, wide compatibility of the transaction system with the various asset types is realized, moreover, a fixed signature set scheme is employed, the consensus achievement time of each node in the system can be substantially reduced, transaction is rapidly achieved, asset transfer efficiency is substantially improved, superior robustness for a Byzantine failure problem is realized, and cracking is difficult.

Description

technical field [0001] The invention belongs to the technical field of asset transactions and block chains, and in particular relates to a construction method of an alliance chain compatible with fast transactions of multiple asset types. Background technique [0002] In 2008, a scholar named Satoshi Nakamoto published the groundbreaking paper "Bitcoin: A Peer-to-Peer Electronic Cash System", and the digital currency "Bitcoin" based on blockchain technology was born. In the Bitcoin system, the underlying design principle is that all participants in the network have equal status, and they unanimously trust the proof of work to verify and enforce network rules, eliminating the need for a clearinghouse. The network uses a consensus algorithm to perform liquidation among participants, which improves security and avoids expensive third-party trust requirements and physical transfer losses of traditional currencies. Therefore, the blockchain technology with the characteristics of...

Claims

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Application Information

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IPC IPC(8): G06Q40/04G06Q20/38
CPCG06Q20/3821G06Q40/04
Inventor 黄步添陈建海刘振广王云霄杨正清温琪俞之贝陈峤
Owner HANGZHOU YUNXIANG NETWORK TECH
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