The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 10, 2022
Filed:
Oct. 20, 2019
Lendingclub Corporation, San Francisco, CA (US);
Hyunsuk Han, San Ramon, CA (US);
Jayakrishnan Nair, San Ramon, CA (US);
Amitkumar Tank, Union City, CA (US);
Srinivas Ambikapathi, Fremont, CA (US);
LendingClub Bank, National Association, Lexi, UT (US);
Abstract
Proof-of-Dynamic-Quorum is a consensus mechanism for blockchain networks that selects a dynamic quorum of nodes to validate a proposed block based on digital data included in the proposed block. In an embodiment, a request to add a proposed block to a blockchain is received by a node of a blockchain network. A composite key value is generated based on one or more values within the proposed block. Based on a composite-key-value-to-quorum-participants mapping that is indicated in one or more blocks that are already present in the blockchain, a validating quorum is determined to determine whether the proposed block is to be added to the blockchain. When each node of the validating quorum indicates that the proposed block is accepted, the receiving node writes the proposed block to the blockchain. Proof-of-Dynamic-Quorum enables real-world authority data to be considered when performing a consensus algorithm in a blockchain network.