Mastercard International Incorporated

Nikhat Parveen

Chandan Garg

Jaipal Singh Kumawat

Shubham Kumar

The present disclosure provides a description of exemplary systems and methods for enabling faster proof-of-work in a distributed ledger. The methods and systems may include a processor which may generate a first hash having a first difficulty level as a first proof of work associated with a first plurality of selected transactions. The first hash not being accepted by a distributed ledger network. The processor may receive a second plurality of selected transactions and determine a second difficulty level for a second proof of work associated with the second plurality of selected transactions. The processor may compare the first difficulty level to the second difficulty level. In response to determining that the first difficulty level is less than the second difficulty level, the processor may generate a second hash as a second proof-of-work for the second plurality of selected transactions having a residual difficulty level.

Method and system of faster proof-of-work in distributed ledger

A method for reducing spam transaction submission in a blockchain network includes: receiving a transaction request from a computing device; transmitting a computational challenge to the computing device; receiving an answer to the computational challenge from the computing device; receiving a new blockchain transaction from the computing device; validating the received answer to the computational challenge; and transmitting the new blockchain transaction to a plurality of blockchain nodes in a blockchain network upon successful validation of the received answer.

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Uttar Pradesh, India

Nikhat Parveen