Invention Grant
- Patent Title: Systems and methods of self-administered protocols on a blockchain platform
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Application No.: US16294814Application Date: 2019-03-06
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Publication No.: US11593321B2Publication Date: 2023-02-28
- Inventor: Saswata Basu , Siva Dirisala
- Applicant: 0Chain LLC
- Applicant Address: US CA San Jose
- Assignee: 0Chain LLC
- Current Assignee: 0Chain LLC
- Current Assignee Address: US CA San Jose
- Agency: Levine's Tech Consulting LLC
- Agent Frank E. Levine
- Main IPC: G06F16/21
- IPC: G06F16/21 ; G06Q20/06 ; G06Q20/38 ; H04L9/32 ; H04L9/06 ; H04L9/00

Abstract:
The present invention is systems and methods of self-administering protocols on a blockchain platform. A system and method of self-administered protocols on a blockchain platform, comprising: self-administering one or more of the following actions: consensus, governance, self-forking, view change or finality of transactions on the blockchain platform; operating without a hierarchical structure to make decisions; validating the decision to avoid rogue decisions or attacks; setting of a time period to lapse to finalize the decision; allowing the set time period to lapse; finalizing the decision by saving the state on the blockchain platform. Self-administering also includes the capability of the blockchain platform to prune the state of the smart contracts and the global state of the blockchain platform.
Public/Granted literature
- US20200286049A1 SYSTEMS AND METHODS OF SELF-ADMINISTERED PROTOCOLS ON A BLOCKCHAIN PLATFORM Public/Granted day:2020-09-10
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