A consortium chain construction method compatible with multi-asset type fast transactions

A technology that is compatible with multiple assets and is applied in the field of alliance chain construction that is compatible with multiple asset types and fast transactions. It 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
CN107038639BActive Publication Date: 2020-08-04HANGZHOU YUNXIANG NETWORK TECH
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Patent Information

Authority / Receiving Office
CN · China
Patent Type
Patents(China)
Current Assignee / Owner
HANGZHOU YUNXIANG NETWORK TECH
Publication Date
2020-08-04

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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.
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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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