High performance distributed system of record with confidence-based consensus

Abstract

A high-performance distributed ledger and transaction computing network fabric over which large numbers of transactions are processed concurrently in a scalable, reliable, secure and efficient manner. In one embodiment, the computing network core is configured to support a distributed blockchain network that organizes data in a manner that allows communication, processing and storage of blocks of the chain to be performed concurrently at very high performance and low latency, even when the transactions themselves originate from distant sources. This data organization relies on segmenting a transaction space within autonomous but cooperating computing nodes that are configured as a processing mesh. The system also provides for confidence-based consensus and automated fork resolution. The approach enables the blockchain to continue operating in the presence of an underlying network outage, and to enable clients to make decisions about the disposition of transactions during any period of uncertainty before full consensus has been achieved.