Distributed Digital Asset Network With Scheduled Minting
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Solution Overview
Problem
Existing digital asset networks face issues such as high resource consumption, centralization, orphan transactions, and double spending risks due to competitive mining processes, which hinder rapid transaction confirmations and decentralization.
Innovation Solution
A cooperative computing architecture with super peer nodes, each equipped with software agents, schedules a single node for minting operations, providing rapid transaction verification and settlement without competing blockchains, using proof of work to ensure trustlessness and security.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If competitive mining is used to confirm transactions, then transaction confirmation security is improved, but resource consumption increases and transaction settlement speed decreases
Solution Approach 1:
The patent inverts the competitive mining model by implementing a cooperative scheduling model where a single designated node performs minting operations instead of multiple nodes competing. This inversion eliminates the wasteful competition while maintaining security through the scheduling mechanism and distributed verification, directly resolving the contradiction between security and resource consumption.
Solution Approach 2:
The patent extracts the minting function from the competitive mining process and designates it to a single scheduled node. By separating the minting operation from the competitive verification process, the system maintains security through distributed verification while eliminating the resource-wasting competition, thus resolving the contradiction between security and efficiency.
2Reliability
If competitive mining is used to confirm transactions, then transaction confirmation security is improved, but transaction settlement speed decreases
Solution Approach 1:
The patent inverts the sequential competitive mining process into a coordinated single-node minting process with distributed verification. This inversion enables faster settlement by eliminating the time-wasting competition while maintaining security through the scheduling mechanism and immediate verification by other nodes, directly resolving the contradiction between security and speed.
Solution Approach 2:
The patent implements preliminary scheduling of the minting node before transactions are confirmed. By pre-designating which node will perform minting operations and preparing the verification infrastructure in advance, the system eliminates delays caused by competitive discovery and verification, thus resolving the contradiction between security and settlement speed.
3Adaptability or versatility
If multiple nodes compete to mine blocks, then network decentralization is maintained, but orphan transactions and double spending risks increase
Solution Approach 1:
The patent inverts the competitive multi-node mining model into a cooperative model where a single scheduled node performs minting while others verify. This inversion eliminates orphan transactions and double-spending risks by preventing competing blocks, while maintaining decentralization through the scheduling mechanism and distributed verification, directly resolving the contradiction between decentralization and transaction reliability.
Solution Approach 2:
The patent introduces a scheduling mechanism as an intermediary that coordinates minting operations among distributed nodes. This intermediary prevents conflicts by designating single-node minting while maintaining decentralization through distributed verification, thus resolving the contradiction between decentralization and transaction confirmation reliability.
4Reliability
If competitive mining is used, then transaction confirmation is achieved, but the system becomes centralized in few consortiums
Solution Approach 1:
The patent inverts the competitive mining approach into cooperative scheduled minting. By inverting the model to use a single designated node for minting operations with distributed verification, the system maintains transaction confirmation reliability while preventing centralization, as the scheduling mechanism distributes minting responsibilities across multiple nodes over time rather than allowing competition to concentrate power in few hands.
Data Source
AI summary
Systems, methods, and program products for providing and administering a digital asset network of cooperative nodes with rapid transaction settlements are disclosed.


