Decentralized Blockchain Transaction Acceleration via Smart Contract Incentives

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Solution Overview

Problem

Conventional blockchain transaction processing is inefficient due to delayed transactions resulting from a lack of interest by miners, leading to stagnant processing and increased time and cost inefficiencies in decentralized networks.

Innovation Solution

Implementing a transaction acceleration smart contract that incentivizes miners by creating a mapping of IDs corresponding to transaction mining pools based on account information, allowing delayed transactions to be shared across multiple blockchains and processed by miners operating on other blockchains, thereby accelerating mining efforts.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If transactions are processed sequentially by miners in a traditional blockchain, then consensus and security are maintained, but processing speed and transaction throughput deteriorate

Engineering Contradiction:

Improveconsensus and securityVSAvoidprocessing speed and transaction throughput

Core Design Contradiction:

ReliabilityVSProductivity

Solution Approach 1:

The patent segments the transaction processing function from the main blockchain consensus mechanism by introducing a parallel processing chain. This allows transactions to be processed in parallel segments rather than sequentially, improving throughput while maintaining security through cryptographic verification of results.

Inventive Principle:

Principle #1Segmentation

Solution Approach 2:

The patent introduces an intermediary verification layer that mediates between parallel transaction processing and final blockchain consensus. This intermediary validates processed transactions and submits them to the main chain, enabling faster processing without compromising security.

Inventive Principle:

Principle #24Intermediary (Mediator)

2Speed

If miners are incentivized with higher transaction fees, then transaction processing priority improves, but transaction costs and loss of energy worsen

Engineering Contradiction:

Improvetransaction processing priorityVSAvoidtransaction costs

Core Design Contradiction:

SpeedVSLoss of energy

Solution Approach 1:

The patent applies partial action by allowing transactions to be processed at different priority levels without requiring all transactions to compete for maximum fee incentives. Lower priority transactions can be processed with minimal fees, reducing overall energy consumption and costs while still providing accelerated processing for high-priority transactions.

Inventive Principle:

Principle #16Partial or excessive action

3Productivity

If a centralized transaction acceleration service is implemented, then processing efficiency improves, but single points of failure and system vulnerability worsen

Engineering Contradiction:

Improveprocessing efficiencyVSAvoidsingle points of failure

Core Design Contradiction:

ProductivityVSReliability

Solution Approach 1:

The patent merges multiple independent processing nodes into a distributed acceleration network, combining their computational power to achieve high processing efficiency while maintaining decentralization. This eliminates single points of failure by distributing the acceleration function across multiple reliable nodes.

Inventive Principle:

Principle #5Merging (Combining)

Solution Approach 2:

The patent creates a universal acceleration protocol that can be implemented by any node in the network, allowing multiple nodes to perform the same acceleration function. This multi-functionality ensures that no single node is critical, as any node can provide acceleration services, eliminating single points of failure.

Inventive Principle:

Principle #6Universality (Multi-functionality)

Data Source

PatentUS11568402B2Decentralized out-of-band accelerated blockchain transaction processing

Publication Date: 2023.01.31 INTERNATIONAL BUSINESS MACHINE CORPORATION

AI summary

An example operation may include one or more of identifying a blockchain transaction requiring commitment processing for commitment to a blockchain, determining the blockchain transaction is delayed, responsive to identifying the blockchain transaction is delayed, creating a transaction acceleration smart contract defining an incentive for performing the commitment processing of the blockchain transaction, and storing the transaction acceleration smart contract blockchain in a different blockchain.