Implementing logic gate functionality using a blockchain
AssigneenChain Licensing AG
InventorsStephane Savanah, Craig Steven Wright
Life of this patent
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AssigneenChain Licensing AG
InventorsStephane Savanah, Craig Steven Wright
Estimating the term…
Blockchain transactions are created to implement the functionality of a logic gate. Implementation may be on the Bitcoin platform or an alternative blockchain platform. The transaction includes a locking script which comprises instructions selected so as to implement the functionality of a logic gate such as the XOR gate. When the script is executed (because a second transaction is attempting to spend the output associated with the locking script) the inputs will be processed by the conditional instructions to provide an output of TRUE or FALSE. The second transaction is transmitted to the blockchain network for validation and, if determined to be valid, it will be written to the blockchain. Validation of the second transaction can be interpreted as a TRUE output. Thus, the locking script of the first transaction provides the functionality of the desired logic gate.
A computer-implemented control method comprising:
A blockchain-implemented control system comprising:
Dependencies are inferred from the claim text.