Method and system for building consensus mechanism based on value quantity

A technology of value and consensus, applied in the field of blockchain, it can solve the problems of easy forking of POS machines, high centralization of energy consumption, and obstruction of currency circulation.

Inactive Publication Date: 2017-12-01
武汉凤链科技有限公司
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[0004] Aiming at the above defects or improvement needs of the prior art, the present invention provides a method and system for establishing a consensus mechanism based on the amount of value, the p

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  • Method and system for building consensus mechanism based on value quantity
  • Method and system for building consensus mechanism based on value quantity
  • Method and system for building consensus mechanism based on value quantity

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[0062] In order to make the objectives, technical solutions and advantages of the present invention clearer, the following further describes the present invention in detail with reference to the accompanying drawings and embodiments. It should be understood that the specific embodiments described herein are only used to explain the present invention, but not to limit the present invention. In addition, the technical features involved in the various embodiments of the present invention described below can be combined with each other as long as they do not conflict with each other.

[0063] The technical terminology of the present invention will be explained and illustrated as follows:

[0064] Block: Generate a block.

[0065] Value amount: The difference between the selling price and the cost price of a commodity or service.

[0066] The overall idea of ​​the present invention is to randomly select some nodes from high-value nodes as accounting nodes, and then the accounting nodes pa...

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Abstract

The invention discloses a method and system for building a consensus mechanism based on a value quantity. Some nodes are randomly selected from high value nodes to be bookkeeping nodes, then the bookkeeping nodes packs transaction information, and blocks are generated based on consensus. The method for building a consensus mechanism based on a value quantity is applied to a block chain system which comprises accounting nodes and ordinary nodes in communication connection. The accounting nodes are block chain nodes and are used for receiving a user request from a client, and the consensus of a result corresponding to the user request is achieved in the block chain so as to generate a new block. At the same time, each accounting node is also used for independently selecting a new accounting node, and the selected accounting nodes in the block chain reach a consensus. Technical problems of high energy consumption, easy generation of centralization, easy furcation of a POS mechanism and the obstruction of currency circulation in existing POW and POS consensus mechanisms can be solved.

Description

technical field [0001] The invention belongs to the technical field of block chains, and more specifically relates to a method and system for establishing a consensus mechanism based on value. Background technique [0002] Blockchain (Blockchain) technology is widely used in the financial field because of its advantages of decentralization, transparent transaction process, traceability, and ease of auditing. The consensus in the blockchain refers to multi-party data, The process of reaching a consensus based on behavior or process, and the consensus mechanism thus formulated is the key to ensuring the safe and stable operation of the blockchain system. [0003] Proof of Work (POW for short) and Proof of Stake (POS for short) are the current mainstream consensus mechanisms. Among them, the POW mechanism rewards groups with high computing power, but it consumes a lot of money in the process of reaching consensus. Energy; in addition, this mechanism is a problem of centralizat...

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Application Information

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IPC IPC(8): G06Q40/00G06Q40/04
CPCG06Q40/04G06Q40/12
Inventor 金海代炜琦邹德清张玮炜崔长泽
Owner 武汉凤链科技有限公司
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