US 2025/0167995 A1Published application

Trust-But-Verify Blockchain System

OwnerLuis Eduardo Gutierrez-Sherisinventor

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Abstract

An improved system implements Fitness Gradient Consensus including hash distance and bucket consensus variations within a digital blockchain by calculating the highest fitness value competing blocks to resolve conflicts and allocate the rewards associated with building new blocks. The consensus system applies conflict resolution formulas to incentivize block-building nodes to share blocks generated, as it completes construction, to improve chances of a reward, resulting in enhanced speed and security of blockchain. The hash distance consensus utilizes a hash distance scalar value as part of its fitness metric, and the bucket consensus assigns tokens to buckets and calculates an aggregate value of the assigned tokens. A trust-but-verify variant increases transactional throughput and reduces linearity and computational constraints. The system also utilizes novel record types, such as token genesis, transfer, transaction, trade order, settlement, proposition, determination, and pattern linkage records to facilitate the automation of financial, commercial and legal processes.

Claims22

Dependent claims

An electronic system comprising:

an interconnected network of a plurality of computers, each including a processor executing computer instructions stored in an electronic memory of each computer for implementing and maintaining a distributed electronic ledger system implemented as a backward-linked blockchain of multiple interconnected blockchain blocks;
a first block-building node on said network of computers, wherein the processor of the first node executes peer-to-peer software to create a first competing block or blockchain segment to be added to the blockchain;
a second block-building node on said network of computers, wherein the processor of the second node executes peer-to-peer software to create a second competing block or blockchain segment to be added to the blockchain, wherein each of the first and second block-building nodes implement a trust-but-verify procedure in which they begin working to create one or more new blocks before each respective node has completed verifying the correctness of a preceding block to which the one or more new blocks is linked;
one or more evaluating nodes executing computer instructions that apply a consensus algorithm to calculate and assign a first fitness value to the first competing block or blockchain segment and calculate and assign a second fitness value to the second competing block or blockchain segment;
and
determine which of the first or second blocks or blockchain segments will be the next block or blockchain segment incorporated into said blockchain based on comparing the first fitness value and the second fitness value;
and
incorporate the next block or blockchain segment into the blockchain after such determination has been made.

5 more elements

In a computerized network of a plurality of computers, executing computer instructions stored in electronic memory for implementing and maintaining a distributed electronic ledger system, a consensus determination method comprising:

creating and maintaining in the electronic memory of at least one the plurality of networked computers the distributed electronic ledger, implemented as a backward-linked blockchain of a plurality of interconnected blockchain blocks;
utilizing a consensus process for determining which of a first block-building node and a second block-building node of the computerized network is permitted to add a next block on said blockchain and which node is allowed to share a reward for the next block added to the blockchain;
executing by a processor of the first block-building node on the network a peer-to-peer software to create a first competing block or a block chain segment to be added to the blockchain;
executing by a processor of the second block-building node on the network a peer-to-peer software to create a second competing block or a block chain segment to be added to the blockchain, wherein each of the first and second block-building nodes implement a trust-but-verify procedure in which they begin working to create one or more new blocks before each respective node has completed verifying the correctness of a preceding block to which the one or more new blocks is linked;
one or more evaluating nodes of the computerized network executing instructions that apply a consensus algorithm to calculate and assign a first fitness value to the first competing block or blockchain segment and calculate and assign a second fitness value to the second competing block or blockchain segment;
and
determining which of the first or second blocks or blockchain segments will be a next block or blockchain segment incorporated into said blockchain based on comparing the first fitness value and the second fitness value;
and
incorporating the next block or blockchain segment into the blockchain after the determination.

6 more elements

Dependencies are inferred from the claim text.

Facts

Application: 19/027,456Filed 17 Jan 2025
Priority: 13 Jun 2019
Published: 22 May 2025
Term ends: Not estimatedThe source records don’t support an estimate.

Classification15 codes

H04L 9/088
Key distribution or management, e.g. generation, sharing or updating, of cryptographic keys or passwords: usage controlling of secret information,…
H04L 9/3239
Using cryptographic hash functions: involving non-keyed hash functions, e.g. modification detection codes [MDCs], MD5, SHA or RIPEMD
H04L 9/3247
Including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity…:…
H04L 9/3297
Including means for verifying the identity or authority of a user of the system or for message authentication, e.g. authorization, entity…:…

Family

Application62/861,086Us provisional application · filed 13 Jun 2019
Application16/902,010Continuation · filed 15 Jun 2020
Application18/046,252Continuation · filed 13 Oct 2022
Application19/027,456Continuation
US 11,509,464 B2Related patent
US 12,659,146 B2Related patent
US 2020/0396065 A1Published application
US 2023/0261863 A1Published application
US 2025/0167995 A1This patent

From the US filing history. Foreign family members aren’t listed.

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