Looking for breakthrough ideas for innovation challenges? Try Patsnap Eureka!

A Delegated Consensus Method for Blockchain

A block chain and block technology, applied in the field of block chain, can solve the problems of nodes being easy to do evil, low consensus efficiency, block chain system can not continue to operate, etc., to reduce the probability of not being able to continue to work, high consensus efficiency Effect

Active Publication Date: 2020-09-11
HANGZHOU FUZAMEI TECH CO LTD
View PDF5 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

The POW consensus method has low consensus efficiency and consumes a lot of power and computing power, but it has the highest credibility, and nodes are not easy to do evil; the POS consensus method does not consume a lot of power and computing power, but due to profit-seeking, nodes are easy to do evil; PBFT The consensus method is a consensus method with strong consistency, but it is required to receive votes from more than 50% of all nodes. If enough votes are not collected, the blockchain system will not be able to continue to operate; the DPOS consensus method agrees that there are 101 Consensus nodes participate in voting, and the consensus efficiency is high. If one of the consensus nodes fails, the blockchain system needs to re-elect a new consensus node until 101 consensus nodes are met. Before reaching 101 consensus nodes, the blockchain system cannot continue to work

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • A Delegated Consensus Method for Blockchain
  • A Delegated Consensus Method for Blockchain

Examples

Experimental program
Comparison scheme
Effect test

Embodiment 1

[0028] Embodiment 1: This embodiment specifically illustrates the steps of the entrusted consensus method of the blockchain, as follows:

[0029] The roles of the delegated consensus method include: Validator, Validator Set, Vg, fund account and mortgage account;

[0030]Validator is a node that participates in voting. Validators include official Validators and candidate Validators. Candidate Validator votes are only used to judge the correctness of candidate Validator votes. They cannot be used for block consensus or gain benefits. Official Validator votes are used for district Block consensus; Validator Set is a collection of formal Validators participating in the block consensus. Before each round of consensus, all formal Validators in the Validator Set need to be determined; in each round of consensus, a formal Validator is randomly selected from the Validator Set to generate a block , the selected official Validator is Vg, and Vg is also used to package transactions, gene...

Embodiment 2

[0047] Embodiment 2: This embodiment illustrates the consensus process of the entrusted consensus method of the block chain, such as figure 1 with figure 2 :

[0048] The steps of delegated consensus method to generate blocks are as follows:

[0049] Step S1: There are 5 Validators in the blockchain system, and the user entrusts the equity stake to these 5 Validators. Validator A has X billion equity stake, Validator B has Y billion equity stake, Validator C has Z billion equity stake, and Validator D There are M billion equity stakes, Validator E has N billion equity stakes, assuming X:Y:Z:M:N=2:2.5:2:0.5:3, and the total equity stakes are 1 billion, then Validator A has 200 million equity stakes For equity stake, Validator B has 250 million equity stake, Validator C has 200 million equity stake, Validator D has 50 million equity stake, and Validator E has 300 million equity stake. Before the new round of consensus, it is determined that the Validator Set includes 5 Valid...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

The present invention relates to a block chain delegation consensus method, comprising roles of a Validator, a Validator Set, a Vg, a fund account and a collateral account. By using the consensus method, relatively high consensus efficiency can be achieved on the basis that electric power and computing power are not consumed; and the probability that a block chain system cannot continue to work is reduced.

Description

technical field [0001] The invention relates to the technical field of block chains, and relates to a block chain entrusted consensus method. Background technique [0002] The existing blockchain consensus methods mainly include POW consensus method, POS consensus method, PBFT consensus method and DPOS consensus method. The POW consensus method has low consensus efficiency and consumes a lot of power and computing power, but it has the highest credibility, and nodes are not easy to do evil; the POS consensus method does not consume a lot of power and computing power, but due to profit-seeking, nodes are easy to do evil; PBFT The consensus method is a consensus method with strong consistency, but it is required to receive votes from more than 50% of all nodes. If enough votes are not collected, the blockchain system will not be able to continue to operate; the DPOS consensus method agrees that there are 101 Consensus nodes participate in voting, and the consensus efficiency ...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Patents(China)
IPC IPC(8): G06Q40/04
CPCG06Q40/04
Inventor 吴思进王志文
Owner HANGZHOU FUZAMEI TECH CO LTD
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Patsnap Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Patsnap Eureka Blog
Learn More
PatSnap group products

Browse by: Latest US Patents, China's latest patents, Technical Efficacy Thesaurus, Application Domain, Technology Topic, Popular Technical Reports.

© 2024 PatSnap. All rights reserved.Legal|Privacy policy|Modern Slavery Act Transparency Statement|Sitemap|About US| Contact US: help@patsnap.com