Cryptographic Asset Deployment via Pre-Validation Signatures

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Solution Overview

Problem

Conventional systems for initial deployments of cryptographic assets are prone to congestion and user frustration due to automated programs (bots) overwhelming the blockchain network, leading to gas wars and loss of monetary value in gas fees during high network traffic.

Innovation Solution

A self-executing program authorizes the sale of a previously-minted unique digital asset, requiring a signature from a platform service to validate user accounts and prevent bot interactions, allowing pre-validation of potential purchases and minimizing gas fees for users.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If automated programs (bots) are allowed to participate in cryptographic asset deployments, then transaction volume and network activity increase, but network congestion and gas fee losses occur

Engineering Contradiction:
Improvetransaction volumeVSAvoidgas fee loss
Core Design Contradiction:
ProductivityVSLoss of energy

Solution Approach 1:

The system performs preliminary validation of user accounts before allowing participation in cryptographic asset deployments. The platform service validates account characteristics (such as account age, transaction history, or other criteria) in advance and issues signatures only to validated accounts. This preliminary action prevents bots from participating in the first place, eliminating gas fee losses from failed bot transactions while still allowing legitimate users to transact.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The platform service acts as an intermediary between users and the blockchain network during asset deployments. It validates user accounts, issues cryptographic signatures, and controls the flow of transactions. This intermediary role filters out bot transactions before they reach the blockchain, reducing network congestion and gas fee waste while maintaining legitimate transaction volume.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Loss of energy

If user validation is implemented to prevent bot interactions, then gas fee losses are reduced, but system complexity increases

Engineering Contradiction:
Improvegas fee lossVSAvoidsystem complexity
Core Design Contradiction:
Loss of energyVSDevice complexity

Solution Approach 1:

The validation system operates in a self-service manner where the platform service automatically validates user accounts based on predetermined criteria and issues signatures without requiring manual review. The smart contract automatically verifies the signature and controls asset distribution. This automated self-service approach reduces gas fee losses while keeping system complexity manageable through rule-based validation rather than complex manual processes.

Inventive Principle:
Principle #25Self-service

3Object-affected harmful factors

If pre-validation of user accounts is performed, then bot operations are limited, but deployment time is extended

Engineering Contradiction:
Improvebot operationsVSAvoiddeployment time
Core Design Contradiction:
Object-affected harmful factorsVSLoss of time

Solution Approach 1:

User validation is performed in advance of the actual asset deployment event. Accounts are validated and signatures are issued before the deployment timestamp arrives. This preliminary validation prevents bot operations during the deployment while allowing legitimate transactions to proceed immediately at the deployment time without delays, thus minimizing the impact on deployment timing.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The validation process operates continuously in the background, validating user accounts and preparing signatures before the deployment event. When the deployment timestamp arrives, validated users can immediately transact without waiting for validation, maintaining continuous useful action and minimizing deployment delays while still preventing bot operations.

Inventive Principle:
Principle #20Continuity of useful action

Data Source

PatentUS20240214215A1Systems and methods for facilitating initial deployments of cryptographic assets across computer networks in a cryptographically secure manner
Publication Date: 2024.06.27 COINBASE INC
  • US20240214215A1 patent drawing
  • US20240214215A1 patent drawing
  • US20240214215A1 patent drawing

AI summary

Systems and methods are described herein for novel uses and/or improvements to blockchains and blockchain technology. As one example, methods and systems are described herein for facilitating initial deployments of cryptographic assets across computer networks in a cryptographically secure manner while mitigating interactions with computer programs that simulate human activity.