Master Blockchain Proof-of-Proof Mining for Subordinate Chain Security
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Solution Overview
Problem
Existing blockchain technologies face challenges in maintaining decentralization and security, particularly with scalability and efficiency issues in consensus mechanisms like Proof-of-Work, leading to vulnerabilities in smaller cryptocurrencies and limitations in data storage and bandwidth requirements.
Innovation Solution
A novel blockchain mining system, Proof-of-Proof (PoP) mining, utilizes nonfederated nodes to publish and verify blockchain data on a master blockchain, enhancing security and reliability by leveraging the higher protocol-enforced mining difficulty and decentralization of the master blockchain.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If Proof-of-Work mining protocol is used to ensure blockchain security, then security and immutability are improved, but energy consumption and computational resource expenditure increase significantly
Solution Approach 1:
The patent introduces a master blockchain as an intermediary system that provides security services to subordinate blockchains. Instead of each blockchain independently expending computational resources to achieve security, the master blockchain acts as a mediator that enforces consensus and validates transactions for subordinate chains, thereby reducing the energy consumption of individual blockchains while maintaining security through the master chain's Proof-of-Work mechanism.
2Reliability
If blockchain data storage and bandwidth requirements are increased to improve data veracity, then data storage capacity and verification capability are improved, but network bandwidth consumption and storage costs increase
Solution Approach 1:
The patent extracts and separates the security verification function from the data storage function. Subordinate blockchains store only essential transaction data locally, while the master blockchain stores and verifies the complete transaction history. This extraction allows subordinate chains to maintain data veracity through references to the master blockchain's consensus mechanism without burdening themselves with storing all historical data, thereby reducing their storage and bandwidth requirements.
3Reliability
If decentralization is maintained through distributed nodes, then network security and trust are improved, but system complexity and coordination difficulty increase
Solution Approach 1:
The patent segments the blockchain network into a master blockchain and multiple subordinate blockchains, each with distinct but coordinated roles. The master blockchain handles consensus and security verification, while subordinate blockchains handle transaction processing and data storage. This segmentation simplifies the complexity of decentralized coordination by dividing responsibilities, allowing each chain to operate with simpler consensus mechanisms while maintaining overall network security through the master chain's oversight.
Data Source
AI summary
The invention is a system and method for improving the reliability of data on blockchain by proofing the data onto another blockchain by use of nonfederated nodes. Contemplated within the scope of the invention is resolution process for data forks within a blockchain network.