SOFTWARE ARCHITECTURE FOR EFFICIENT BLOCKCHAIN TRANSACTIONS

The present disclosure provides techniques for efficient blockchain transaction processing. In one embodiment, a computer system broadcasts a first transaction to a blockchain network for addition to a block in a blockchain. The computer system may broadcast a second transaction to the blockchain ne...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Navon, Alon, Pachmanov, Lev
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:The present disclosure provides techniques for efficient blockchain transaction processing. In one embodiment, a computer system broadcasts a first transaction to a blockchain network for addition to a block in a blockchain. The computer system may broadcast a second transaction to the blockchain network for addition to the block in the blockchain, where the second transaction descends from the first transaction and includes a placeholder fee. The computer system monitors and determines that the first transaction has not been confirmed to the block in the blockchain for a duration of time (e.g., stuck in the mempool). In response to determining that the first transaction is stuck, the computer system may transmit a request to replace the placeholder fee with a transaction fee that is sufficiently high to cause the first transaction and the second transaction to be confirmed to a block in the blockchain, thereby unsticking the first transaction.