System and method for dynamic computation scaling in distributed ledger networks

System and method for dynamic computation scaling in distributed ledger networks

Different aspects of the invention implement an improved distributed ledger technology (DLT) system, and corresponding method, which allows the efficient and optimised execution of decentralised applications (DApps) that generate immense quantities of data to be stored in the DLT network, in additio...

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Hauptverfasser: MATEOS SOLE, Antonio, SINISCALCHI, Alessandro
Format: Patent
Sprache:eng
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ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
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creator MATEOS SOLE, Antonio
SINISCALCHI, Alessandro
description Different aspects of the invention implement an improved distributed ledger technology (DLT) system, and corresponding method, which allows the efficient and optimised execution of decentralised applications (DApps) that generate immense quantities of data to be stored in the DLT network, in addition to allowing dynamic resource allocation according to the properties of each DApp to be implemented. By allowing the interface between any type of existing layer 1 DLT network, the complex, slow, expensive and highly risky process involved in generating a new layer 1 DLT network is not required. The range of possible applications of the DLT network is open to applications in big data, IoT, Web3 and massively multiplayer online game (MMOG) environments or any other environment requiring the confidence provided by the immutability of the data stored in the DLT network.
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subjects ELECTRIC COMMUNICATION TECHNIQUE
ELECTRICITY
TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
title System and method for dynamic computation scaling in distributed ledger networks
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