Blockchain: automatic fork protection

Systems and methods for providing automatic fork protection including determining that a transaction having fork protection was included in a first block that was appended to a blockchain, that a hash of the first block was validated, that a consensus decision was made by validator nodes approving t...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	Konik, Rafal P, Mittelstadt, Roger A, Olstad, Chad A, Muras, Brian R
Format:	Patent
Sprache:	eng
Schlagworte:	CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRIC COMMUNICATION TECHNIQUE ELECTRICITY PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR TRANSMISSION OF DIGITAL INFORMATION, e.g. TELEGRAPHICCOMMUNICATION
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	Systems and methods for providing automatic fork protection including determining that a transaction having fork protection was included in a first block that was appended to a blockchain, that a hash of the first block was validated, that a consensus decision was made by validator nodes approving the first block for addition to the blockchain, that a second block was appended to the blockchain after the first block, that the second block comprises a hash that is not based on the first block, that the first block was on a first fork and the second block was on a second fork, that the blockchain was resolved in favor of the second fork, and that the transaction failed as a result of the blockchain being resolved in favor of the second fork. The method including compensating a party that submitted the failed transaction based on the fork protection.