Invention Grant
- Patent Title: Method and system for tuning blockchain scalability, decentralization, and security for fast and low-cost payment and transaction processing
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Application No.: US16135701Application Date: 2018-09-19
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Publication No.: US10255342B2Publication Date: 2019-04-09
- Inventor: Vijay K. Madisetti , Arshdeep Bahga
- Applicant: Vijay K. Madisetti , Arshdeep Bahga
- Applicant Address: US GA Johns Creek
- Assignee: Vijay K. Madisetti
- Current Assignee: Vijay K. Madisetti
- Current Assignee Address: US GA Johns Creek
- Agency: Widerman Malek PL
- Agent Daniel C. Pierron
- Main IPC: G06F17/00
- IPC: G06F17/00 ; G06F17/30 ; G06Q20/06 ; H04L9/06 ; H04L9/32

Abstract:
A method of processing and validating transactions on a multi-chain network including receiving first and second pluralities of transactions, recording the first and second pluralities of transactions to first and second blocks on a first blockchain in a multi-chain network, publishing the first and second plurality of transactions to a first managed topic associated with the multi-chain network on a first messaging server, defining a first published transactions, and transmitting the first published transactions to a first subscriber, defining a first transmitted transaction. Receipt of the first transmitted transaction initiates generation of a first merged block comprising the first published transactions and recording of the first merged block to a second blockchain on the multi-chain network. The first blockchain has a parameter difference from the second blockchain selected from the group consisting of block generation time, transaction throughput, transaction latency, stale block rate, block propagation delay and consensus algorithm used.
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