A model for value cross-chain transfer between the main chain and side chains and its implementation method

A technology for model realization and chain transfer, which is applied in the cross-chain field and can solve problems such as the value anchoring of the main chain certificate and the side chain certificate

Active Publication Date: 2020-05-12
北京世纪诚链科技有限公司
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Problems solved by technology

[0003] In view of this, the present invention provides a model for value cross-chain transfer between the main chain and side chains and its implementation method to solve two main problems of cross-chain technology: one is mutual trust between the main chain and side chains problem, the second is the value anchoring problem between the main chain pass and the side chain pass

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  • A model for value cross-chain transfer between the main chain and side chains and its implementation method
  • A model for value cross-chain transfer between the main chain and side chains and its implementation method
  • A model for value cross-chain transfer between the main chain and side chains and its implementation method

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[0037] In order to make the gist of the present invention more obvious and understandable, the present invention will be further described below in conjunction with the accompanying drawings and examples. Many details and specific examples are set forth in the following description, and these examples are provided to enable a more thorough understanding of the present invention and to fully convey the present invention to those skilled in the art. Although the present invention can be implemented in many other ways different from this description, those skilled in the art can make corresponding promotions without violating the connotation of the present invention, so the present invention is not limited by the specific examples and specific accompanying drawings disclosed below. restricted.

[0038] see figure 1 , a model for value cross-chain transfer between the main chain and side chains, including five parts:

[0039] 1) The smart contract running on the side chain, thro...

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Abstract

The invention provides a model for value cross-chain transfer between main chain side chains. The method comprises five parts: 1) enabling an intelligent contract running in a side chain to generate achain of a UTXO model as a contract chain through an algorithm and is used for storing and taking out a pass certificate transaction, the transaction unit is a unit of a main chain pass certificate,and price anchoring is carried out on the pass certificates of the two chains in the intelligent contract of the side chain through a bancor protocol; 2) operating the smart contract in the main chain, and storing the root value of each block in the contract chain in the smart contract; 3) issuing Event by an intelligent contract composed of Client, a monitoring chain and a side chain and callinga corresponding interface ; 4) enabling the main chain to run the smart contract of the main chain; and 5) performing intelligent contract of the side chain and an operation side chain. The inventionalso discloses a method for realizing the value cross-chain transfer between the main chain and the side chain, which comprises the following steps that: step 101, a user calls an intelligent contractof the main chain and stores the intelligent contract into the main chain pass to obtain the side chain pass;and step 102, the user calls an intelligent contract start Exit method of the side chain,and exchanges the side chain pass certificate as a main chain pass certificate.

Description

technical field [0001] The present invention relates to cross-chain technology in distributed ledgers, in particular to a model design and implementation method for value transfer between main chains and side chains in distributed ledgers. Background technique [0002] While the public chain is flourishing, consortium chain and private chain technologies are widely adopted by commercial institutions, especially financial institutions, based on considerations of transaction performance, capacity scale, privacy protection, and compliance supervision. Compared with the public chain, the development momentum of the alliance chain is much more dazzling now, but we need to be vigilant not to let the alliance chain become purely centralized or multi-centralized. Compared with the traditional distributed ledger technology , most of the consortium chains now obviously do not provide too many ways to achieve irreversible transactions or reduce the risk of centralization. The network ...

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Application Information

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Patent Type & Authority Patents(China)
IPC IPC(8): G06Q40/04G06Q20/38G06F21/64G06F21/60
Inventor 白文腾赵祯龙刘康孟庆龙樊云龙荆帅帅
Owner 北京世纪诚链科技有限公司
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