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Benefit certificate creation method for block chain, apparatus, and readable storage medium

A technology of blockchain and rights, applied in the field of blockchain, it can solve the problems such as the limitation of commercial application of blockchain, poor stability, and increased fork problems of POS mechanism.

Pending Publication Date: 2018-12-18
CROSBIL LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0007] The size of the rights and interests mainly depends on the number of tokens in the blockchain itself. At present, the PoS algorithm has solved a large part of the power and computing power consumption, which is a development direction. However, the POS mechanism will still lead to increased fork problems Large, so the transaction time is too long, the stability is inferior to the POW mechanism, and it does not solve the limitations of the blockchain in commercial applications

Method used

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  • Benefit certificate creation method for block chain, apparatus, and readable storage medium
  • Benefit certificate creation method for block chain, apparatus, and readable storage medium

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Embodiment Construction

[0033] Exemplary embodiments of the present disclosure will be described in more detail below with reference to the accompanying drawings. Although exemplary embodiments of the present disclosure are shown in the drawings, it should be understood that the present disclosure may be embodied in various forms and should not be limited by the embodiments set forth herein. Rather, these embodiments are provided so that the present disclosure can be more thoroughly understood, and the scope of the present disclosure can be fully conveyed to those skilled in the art. Nothing in the following detailed description is intended to suggest that any particular component, feature, or step is essential to the invention. Those skilled in the art will understand that various features or steps can be substituted for each other or combined without departing from the scope of the present disclosure.

[0034] figure 1 A flow chart showing a method for creating a proof of stake according to an ex...

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Abstract

The invention discloses an interest certificate creation method, an apparatus and a readable storage medium for a block chain. A method for creating a certificate of interest for a chunk chain includes purchasing a token by token, the token being bound to a particular identity of a purchaser, and determining by the purchaser at the time of purchase a chunk number to be mined for the token; a fairrandom number N, i.e. A bit string, is generated from the previous existing block and hashes with the token. The obtained hash value is propagated to each node through the network to determine the accounting right of the next block. The technical proposal of the disclosure adopts the idea that the rights and interests are directly proportional to the driving force of the system guarantee, and creates a fair, stable and efficient block chain transaction consensus mechanism.

Description

technical field [0001] The present invention relates to the technical field of block chains, in particular to a method, device and readable storage medium for creating proof of rights and interests in block chains. Background technique [0002] A blockchain is a data structure in which a series of files or blocks are created and each contains a cryptographic hash (i.e. hash) of the previous one. The blockchain will be used in a distributed system, and in order to ensure the accessibility of the network in propagating the transaction records of transacting users, there will be many copies of the chain. No party on this network will be considered completely trustworthy by all, in the sense that he will always follow certain rules and will always be available. Thus, the blockchain is a trusted and usable network composed of parties who are not necessarily trustworthy or always available. The information that the blockchain may contain is: 1) asset transactions held on the blo...

Claims

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Application Information

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IPC IPC(8): G06Q20/38
CPCG06Q20/3829
Inventor 安德鲁.威廉.罗斯科陈邦道
Owner CROSBIL LTD
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