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. 31, 2022
Filed:
Apr. 09, 2018
Nchain Licensing Ag, Zug, CH;
nChain Licensing AG, Zug, CH;
Abstract
There may be provided a computer-implemented method. It may be implemented using a blockchain network such as, for example, the Bitcoin network. The computer-implemented method includes i) joining, by a node, a group through transfer of tokens to a public group address to become a group member, the group being associated with a threshold signature scheme for which the node controls a private key share, the transfer of tokens being made on a proof-of-work blockchain network; and ii) cooperating, by the node, with other nodes of the group to achieve a distributed consensus as to the correctness of work product of a proposer in response to a challenge, by a challenger, of that work product, the challenge responsive to a request made by a requester, wherein achieving the distributed consensus includes: a) deploying a ghost chain to achieve the distributed consensus resolving the challenge, the ghost chain being a proof-of-stake blockchain in which miners of the ghost chain are members of the group; and c) terminating the ghost chain upon resolution of the challenge.