Nchain Licensing Ag

Alexander MacKay

Craig Steven Wright

Jack Owen Davies

Wei Zhang

Chloe Ceren Tartan

Steven Patrick Coughlan

Andrew James Mee

Jad Wahab

Antoaneta Serguieva

Methods and systems for registering identity of a mining node on a blockchain in a blockchain network. The methods may include creating a validity-check transaction having a first output controlled by the mining node and containing a miner identifier and propagating the validity-check transaction on the blockchain network. The methods may further include mining, by the mining node, a new block containing a generation transaction, wherein the generation transaction includes an information field that contains the miner identifier and a reference to the validity-check transaction. Another node may validate identity by receiving the miner identifier and the reference to the validity-check transaction, retrieving the validity-check transaction to confirm it contains the miner identifier, and determining that the first output is an unspent transaction output.

Methods and devices for registering and authenticating miner identity in a blockchain network

A computer-implemented method of encoding a digital contract between first and second parties of a blockchain network, the digital contract being for transferring an amount of a digital asset from the first to the second party based on a condition being fulfilled; the method comprising: obtaining a plurality of data elements, each representing a different contract condition, wherein at least one of the conditions is linked to the second party; generating a hash tree based on the data elements, wherein the hash tree comprises: i) first leaf hashes generated by hashing a respective data element, and second leaf hashes comprising at least one hash key generated by hashing a secret value known only to the trusted third party, ii) internal hashes, and iii) a root hash; and making the root hash available to the first party for inclusion in a transaction of the blockchain.

Digital contracts using blockchain transactions

A system comprising a layered network, wherein the layered network comprises a plurality of LN nodes arranged in an ordered set of layers, the ordered set of layers comprising, in order, a core layer comprising a plurality of master nodes each connected to one or more blockchain nodes of a blockchain network, one or more intermediate layers comprising a respective set of intermediate nodes, and a device layer comprising a set of end devices, wherein: each master node is configured to control a respective subset of intermediate nodes; a first master node is configured to control a first subset of intermediate nodes; a second master node is configured to control a second subset of intermediate nodes; and each intermediate node is configured to control a respective subset of end devices.

Multi-layer communication network

Methods and system of recording work history of a mining node on a blockchain in a blockchain network. The methods may include mining a first block containing a registration generation transaction that includes, within a registration information field, a miner identifier for the mining node; and mining two or more additional blocks in an order, each additional block containing a generation transaction that includes an information field containing the miner identifier, a reference to the generation transaction of the preceding additional block in the order, wherein the registration generation transaction is a first block in the order. Work history may be verified by tracing the recorded work history and validating the miner identifier. Recorded work history may serve as the basis for a reputation score for the miner, which reflects contributed work evidenced by the proof-of-work secured work history.

Methods and devices for recording work history and proving reputation in a blockchain network

A computer-implemented method for controlling one or more devices of a first network. The first network comprises a set of bridging nodes and a set of devices controllable by one or more of the set of bridging nodes. Each bridging node is also a node of a blockchain network, and each device has a respective device identifier. The method is performed by a first one of the bridging nodes and comprises generating a first blockchain transaction. The first blockchain transaction comprises a first input comprising a signature linked to a first public key of the first node, and a first output comprising command data. The command data comprises a respective identifier of a first one of the devices controlled by a second one of the bridging nodes, and a command message for controlling the first device.

Growing community of inventors

London, United Kingdom

Alexander MacKay