Blockchain system comprising consensus protocol using search for good approximate solutions to any optimization problem and its computor program
AssigneeProof-of-Search K.K.
InventorNaoki SHIBATA
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AssigneeProof-of-Search K.K.
InventorNaoki SHIBATA
Estimating the term…
The invention comprises a decentralized consensus protocol for blockchains in which the computation can be used to search for good approximate solutions to any optimization problem. This protocol allows the wasted energy to be used for finding approximate solutions to problems submitted by any nodes (called clients). This protocol works in a similar way to proof-of-work, and it makes nodes evaluate a large number of solution candidates to add a new block to the chain. A client provides a search program that implements any search algorithm that finds a good solution by evaluating a large number of solution candidates. The node that finds the best approximate solution is rewarded by the client.
A blockchain system operated by nodes joining a peer-to-peer network, comprising:
A non-transitory computer readable medium including computer program which realizes a blockchain system operated by nodes joining a peer-to-peer network, the blockchain system comprising:
Dependencies are inferred from the claim text.