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Core algorithm of blockchain Internet model of across-chain transaction

A core algorithm and Internet technology, applied in the field of distributed blockchain Internet structure, can solve the problems of slow chain network efficiency, achieve high transaction volume, improve transaction efficiency and network operation speed

Active Publication Date: 2017-10-27
ZEU CRYPTO NETWORKS INC
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Problems solved by technology

[0004] In order to overcome the problem of the slow efficiency of the existing chain network (such as Cosmos, etc.) applied to the financial system, the present invention provides a core algorithm of the blockchain Internet model for cross-chain transactions, which can realize parallel computing and improve the efficiency of the system. High operating efficiency and transaction speed, while ensuring system consistency

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  • Core algorithm of blockchain Internet model of across-chain transaction
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Embodiment Construction

[0100] In order to better understand the technical solutions provided by the embodiments of the present invention, and to better compare them with the technical solutions of the embodiments of the present invention, the present invention will be further described below through algorithms and pseudocodes in conjunction with the accompanying drawings.

[0101] The specific implementation of this blockchain Internet model (golden monkey model) for cross-chain transactions without waiting mainly includes the following three parts:

[0102] (1) The entire network is built from scratch;

[0103] (2) Transaction: one participating chain trades with another participating chain through an intermediate chain;

[0104] (3) The new chain joins the network.

[0105] For (1) the entire network is built from scratch, its input includes several intermediate chains (Inter-chainBlockchain, represented by ICC in the pseudo-code), several participating chains (Participant Blockchain, represented...

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Abstract

The invention discloses a core algorithm of a blockchain Internet model (golden monkey model) of across-chain transaction. The model is a fully distributed and multi-chain network structure which can more easily carry out expansion, extension and fault tolerance than a traditional centralized structure. Each chain maintains own consistency, the consistency between chains is maintained by a fully distributed mechanism so as to break through the restriction of a centralized model, all chains can be operated in parallel, and transaction efficiency and network operation speed can be improved. The model is a new financial market structure which can be expanded, a financial department can easily enter or level at any time, and a large-scale network and a high transaction amount are supported. The method comprises a participating chain and a middle chain, wherein he participating chain and the middle chain both can be one or one group of financial mechanisms, and the across-chain transaction can be realized. The invention is the core algorithm for the transaction between the chains, especially a protocol algorithm that the middle chain assists in at least two participating chains to carry out mutual transaction, and a situation that a center mechanism maintains the consistency of the whole network is avoided.

Description

technical field [0001] The present invention relates to the technical field of block chain Internet for the financial system, in particular adopting a distributed block chain Internet structure. Background technique [0002] Blockchain (Blockchain, BC) is a distributed database system, which can also be understood as a distributed ledger technology (DLT) jointly maintained by multiple nodes. .Blockchain Internet (Internet of Blockchians) is a value network based on blockchain, which must have high performance, security, privacy, scalability, interoperability, changeability, fault tolerance, and manageability and completeness. [0003] The existing blockchain Internet, such as Cosmos, is mostly a centralized structure, and the intermediate chain is a central organization, so the calculation and communication chain of the intermediate chain can easily become the bottleneck of the blockchain Internet. In addition, each of its chains needs to maintain its own consistency, and ...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/04H04L9/32
CPCG06Q40/04H04L9/3247H04L9/3236H04L9/3297H04L2209/56H04L9/50
Inventor 邓恩艳
Owner ZEU CRYPTO NETWORKS INC
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