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Performing parallel execution of transactions in a distributed ledger system

A transaction and sequential execution technology, applied in payment systems, payment architectures, multi-program devices, etc., can solve problems such as delays and reduced transaction throughput

Active Publication Date: 2020-05-01
ADVANCED NEW TECH CO LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

This can lead to lower transaction throughput and delays between submitting a transaction and clearing it

Method used

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  • Performing parallel execution of transactions in a distributed ledger system
  • Performing parallel execution of transactions in a distributed ledger system
  • Performing parallel execution of transactions in a distributed ledger system

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Embodiment Construction

[0018] This paper describes techniques for transaction execution in a distributed ledger system (eg, a blockchain network). These techniques generally involve the parallel execution of transactions by network nodes in a distributed ledger system. The described techniques can increase the processing speed of transactions in the blockchain network and increase the transaction throughput of the blockchain network.

[0019] To provide further context for the embodiments herein, and as noted above, distributed ledger systems (DLS), which may also be referred to as consensus networks (e.g., composed of peer-to-peer nodes) and blockchain networks, enable participating entities to securely Conduct transactions and store data securely and immutably. Although the term "blockchain" is often associated with a specific network and / or use case, this article uses "blockchain" to refer to DLS generally without reference to any specific use case.

[0020] Blockchain is a data structure that ...

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Abstract

Disclosed herein are methods, systems, and apparatus, including computer programs encoded on computer storage media, for performing parallel execution of transactions by a network node in a blockchainnetwork. One of the methods includes receiving multiple transactions, grouping all first-type transactions in the multiple transactions into a group of first-type transactions, dividing the group offirst-type transactions into one or more subgroups, and executing the group of first-type transactions by executing the one or more subgroups of the group of first-type transactions in parallel.

Description

technical field [0001] This article deals with transaction execution in distributed ledger systems. Background technique [0002] A distributed ledger (DLS), which may also be referred to as a consensus network, such as a blockchain network, enables participating entities to store data securely and immutably. Examples of blockchain networks may include public blockchain networks, private blockchain networks, and consortium blockchain networks. The public blockchain network is open to all entities to use DLS and to participate in consensus processing. Private blockchain networks are provided for specific entities that centrally control read and write permissions. The consortium blockchain network is provided for a selected group of entities that control the consensus process and includes an access control layer. [0003] A blockchain network is a network of computing nodes that manage, update and maintain one or more blockchain structures. A blockchain is a data structure...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q20/38
CPCG06Q20/401G06Q20/023G06F16/2379G06F16/2365G06F9/466
Inventor 谢桂鲁夏凝
Owner ADVANCED NEW TECH CO LTD