Invention Grant
- Patent Title: Node device on blockchain network for processing transaction
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Application No.: US16790938Application Date: 2020-02-14
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Publication No.: US11032366B2Publication Date: 2021-06-08
- Inventor: Jai Hoon Kim , Kwang Hoon Choi , Dae Han Kim
- Applicant: AJOU UNIVERSITY INDUSTRY-ACADEMIC COOPERATION FOUNDATION
- Applicant Address: KR Suwon-si
- Assignee: AJOU UNIVERSITY INDUSTRY-ACADEMIC COOPERATION FOUNDATION
- Current Assignee: AJOU UNIVERSITY INDUSTRY-ACADEMIC COOPERATION FOUNDATION
- Current Assignee Address: KR Suwon-si
- Agency: Sughrue Mion, PLLC
- Priority: KR10-2019-0018808 20190218
- Main IPC: H04L29/08
- IPC: H04L29/08 ; G06F16/27

Abstract:
A node device on a blockchain network is provided. The node device includes a blockchain state monitor that calculates an estimated time of transaction processing completion according to a transaction cost by using state information about the blockchain network, a transaction cost determiner that calculates a minimum transaction cost that satisfies a user's requirements by using the calculated estimated time of transaction processing completion, and a transaction processor that processes a transaction of the user in response to a first transaction processing request when the first transaction processing request, which pays a transaction cost equal to or greater than the minimum transaction cost, is generated by the user.
Public/Granted literature
- US20200267215A1 NODE DEVICE ON BLOCKCHAIN NETWORK FOR PROCESSING TRANSACTION Public/Granted day:2020-08-20
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