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Block chain accounting method based on dynamic equity

A blockchain and equity technology, applied in the blockchain field, can solve problems such as waste of computing power, long waiting time for confirmation, and easy forks

Pending Publication Date: 2018-01-12
左鹏
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  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0003] Aiming at the deficiencies of the existing technology, this application provides a blockchain bookkeeping method based on dynamic equity, which is used to solve the problem of waste of computing power, easy to fork, and long waiting time for confirmation in the prior art to determine the bookkeeping right. question

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  • Block chain accounting method based on dynamic equity
  • Block chain accounting method based on dynamic equity
  • Block chain accounting method based on dynamic equity

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[0018] In order to make the technical features and effects of this application more obvious, the technical solutions of this application will be further described below in conjunction with the accompanying drawings. This application may also have other different specific examples to illustrate or implement. Anyone skilled in the art is within the scope of the claims. The equivalent transformations made within belong to the protection scope of this application.

[0019] The blockchain can be considered as a ledger. Each block is a page of the ledger, and each page of the ledger contains all the transactions that occurred on the blockchain in a certain period of time. The block generation time can be set before the block chain is activated, generally 15 seconds. After the blockchain is activated, new blocks will be generated according to this time interval. The new blocks are appended to the previous block to form a chain structure. Each block contains all the transactions that oc...

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Abstract

The invention provides a block chain accounting method based on dynamic equity. The method comprises the steps that 1, initial equity proportions are set in a genesis block, and the total proportion must reach 100%; 2, weight information of participants is saved; 3, initial voting weights of the participants who apply as bookkeepers are own weights, and cannot be voted to other bookkeepers; the remaining participants can vote for a designated bookkeeper candidate, or may not vote, and voting information at a vote will carry the weights of shares of current voters, and the weights will be addedto the total voting weights of voted persons; 4, after the vote, the bookkeepers of current round are obtained; 5, bookkeeping and consensus are succeeded, block generation is succeeded, and the nextround of bookkeeping applications starts. According to the block chain accounting method based on dynamic equity, an equity algorithm is combined with a block chain to ensure that the block chain technology allows participants to participate in consensus in a more efficient and reasonable way on the basis of achieving an existing distributed ledger technology, decentralization, open and transparency.

Description

Technical field [0001] This application relates to the field of blockchain technology, in particular to a blockchain accounting method based on dynamic equity. Background technique [0002] Blockchain, as a distributed ledger technology, uses the most proof-of-work accounting method, that is, all accounting nodes compete for accounting rights through operations. The disadvantages of this method are as follows: 1) waste of computing power; 2) area It is difficult to shorten the confirmation time of the block; 3) It is prone to forks and needs to wait for confirmation; 4) It can be kept anonymously and is difficult to review. Other blockchains use a proof-of-stake accounting method, that is, all accounting nodes determine the accounting rights of each round in a random or fixed order. The disadvantages of this method are as follows: 1) There is no specialization, and equity participants may not want to participate in bookkeeping; 2) It is prone to forks and needs to wait for multi...

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Application Information

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IPC IPC(8): G06Q40/04G06Q20/40G06Q20/42
Inventor 黄浩高西林
Owner 左鹏
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