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Block chain cross-chain exchange method

A blockchain and chain address technology, applied in the field of currency exchange or transfer, can solve problems such as immature cross-chain technology, and achieve the effect of reducing risks

Inactive Publication Date: 2017-09-05
HANGZHOU FUZAMEI TECH CO LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0002] At present, the cross-chain technology is immature. How to conduct cross-chain exchange or transfer coins conveniently, quickly and with controllable risks is a technical problem that needs to be solved by those skilled in the art.

Method used

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  • Block chain cross-chain exchange method

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Experimental program
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Embodiment Construction

[0010] A remitter promises that if the user remits A currency (ETH) to its A chain address add_e, A remitter will remit a certain ratio (20 times) of B currency (ETC) on the add_f address on the B chain to the address specified by the user. Before A remitter’s commitment is revoked or within the validity period of the commitment (more than 30 minutes), the B currency (100 ETC) of add_f on the B chain will be frozen, and there will be a certain lag period (30 minutes) for A remitter’s revocation of the commitment to take effect, and the validity period of the commitment The user's exchange request is valid, but the user must check whether the validity period is sufficient (greater than 20 minutes) before remitting A currency to A remitter A chain address add_e to ensure that the transaction is successful but the user remits A currency to A remitter A Before the chain address add_e, you must check whether the validity period is sufficient to ensure the transaction is successful. ...

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PUM

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Abstract

The invention discloses a blockchain cross-chain exchange method. Exchanger A promises that if a user remits A coins to his A chain address add_e, exchange merchant A will remit a certain percentage of B coins on the add_f address on the B chain to the user designated by the user. Address, before the promise of remittance A is not revoked or within the validity period of the promise, the B currency of add_f on the B chain will be frozen. There is a certain lag period for revoking the promise of remittance company A to take effect. Before the A currency is remitted to the A chain address add_e of the A remittance company, it is necessary to check whether the validity period is sufficient to ensure the successful transaction; the present invention realizes the cross-chain value exchange.

Description

technical field [0001] The present invention relates to the technical field of block chains, in particular to the exchange or transfer of coins between multiple block chains. Background technique [0002] At present, the cross-chain technology is immature. How to conduct cross-chain exchange or transfer coins conveniently, quickly and with controllable risks is a technical problem that needs to be solved by those skilled in the art. Contents of the invention [0003] Blockchain cross-chain remittance method, A remitter promises that if the user remits A coin to its A chain address add_e, A remitter will remit a certain ratio of B coins on the add_f address on the B chain to the address specified by the user, and then transfer A to the address specified by the user. Before the remitter promises to be revoked or within the validity period of the promise, the B coin of add_f on the B chain will be frozen. There is a certain lag period for A remitter to revoke the promise to...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/38G06Q20/40G06Q40/04
CPCG06Q20/381G06Q20/382G06Q20/407G06Q40/04
Inventor 吴思进王志文
Owner HANGZHOU FUZAMEI TECH CO LTD
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