Decentralized Blockchain Regulation Architecture
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Conventional centralized block chain regulation methods face challenges with scalability, processing speed, and data security, particularly as block chain networks grow, leading to potential performance degradation and single points of failure.
Innovation Solution
A decentralized block chain regulation architecture is implemented, where block chain structures function as both regulated and regulatory chains, forming an interconnected network with regulatory hyperchains that manage data, processes, and health through smart contracts, allowing for decentralized control and reporting to a central authority.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If centralized regulation methods are used for block chain networks, then regulatory control can be maintained, but scalability deteriorates and processing speed decreases as the network grows
Solution Approach 1:
The patent segments the centralized regulatory function into multiple distributed regulatory nodes across the block chain network. Each node independently performs regulatory functions, eliminating the single-point bottleneck and enabling the system to scale horizontally as more nodes are added to the network.
Solution Approach 2:
The patent introduces smart contracts as intermediary automated agents that mediate between regulatory requirements and block chain operations. These self-executing contracts encode regulatory rules and automatically enforce them across the network, reducing the need for manual centralized intervention while maintaining regulatory compliance.
2Reliability
If centralized regulation methods are used for block chain networks, then regulatory control can be maintained, but processing speed deteriorates due to single points of failure
Solution Approach 1:
The patent divides the centralized regulatory processing function into multiple distributed regulatory nodes that operate in parallel. This segmentation eliminates single points of failure and allows simultaneous processing of multiple regulatory checks, significantly improving processing speed while maintaining regulatory control.
Solution Approach 2:
The patent implements preliminary validation rules and smart contracts that automatically check regulatory compliance before transactions are processed. By performing regulatory checks in advance and automatically, the system avoids bottlenecks and delays that would occur with centralized post-processing validation.
3Reliability
If centralized regulation methods are used for block chain networks, then regulatory control can be maintained, but data security deteriorates due to single points of failure
Solution Approach 1:
The patent segments the centralized regulatory data storage and processing into distributed regulatory nodes across the network. Each node holds a portion of the regulatory logic and data, eliminating single points of failure and making the system more resilient to attacks, as compromising one node does not compromise the entire regulatory framework.
Solution Approach 2:
The patent introduces smart contracts as secure intermediaries that automatically enforce regulatory rules without requiring trusted centralized authorities. These self-executing contracts are stored on the immutable block chain, providing cryptographic security and eliminating the need for vulnerable centralized data storage while maintaining regulatory control.
Data Source
AI summary
Embodiments of the invention are directed to a decentralized block chain regulation architecture. The invention utilizes the collective nature of block chain communication to perform key regulatory and control functions. Instead of relying on a centralized regulatory source, the present system allows the block chain structures themselves to simultaneously function as both regulated and regulatory chains for one another to form an interconnected network of decentralized, regulatory chains. Further, the system allows for control of non-compliant block chains, wherein regulatory chains may issue commands to the non-compliant chains, rewrite data, overwrite an incorrect consensus, or deactivate a chain and remove it from a block chain environment before propagation of an error.