Computer-implemented system and method for managing transactions over a blockchain network

Abstract

Computer-implemented methods and systems are provided which are suitable for implementation in transaction validation nodes of a blockchain network. Modified blockchain node structures, network architectures, and protocols for handling large numbers of transactions and large transaction blocks are described. The invention is particularly suited, but not limited, to use with the Bitcoin blockchain. A computer-implemented method is provided which includes: (i) receiving transactions from the blockchain network; (ii) validating transactions received from the blockchain network; (iii) maintaining a distributed, decentralized storage of validated transactions with other transaction validation nodes in the blockchain network; and (iv) distributing data corresponding to said validated transactions to the blockchain network for mining.

Dependencies are inferred from the claim text.