Invention Grant
- Patent Title: Computer-implemented system and method for performing transaction mixing on a blockchain
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Application No.: US16606203Application Date: 2018-04-11
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Publication No.: US11783321B2Publication Date: 2023-10-10
- Inventor: Daniel Joseph , Craig Steven Wright
- Applicant: nChan Licensing AG
- Applicant Address: CH Zug
- Assignee: nChain Licensing AG
- Current Assignee: nChain Licensing AG
- Current Assignee Address: CH Zug
- Agency: Davis Wright Tremaine LLP
- Priority: GB 06071 2017.04.18
- International Application: PCT/IB2018/052530 2018.04.11
- International Announcement: WO2018/193341A 2018.10.25
- Date entered country: 2019-10-17
- Main IPC: G06Q20/36
- IPC: G06Q20/36 ; G06Q20/06 ; G06Q20/40 ; H04L9/06

Abstract:
A system for performing transaction mixing between a plurality of users on a blockchain is provided. The blockchain may be, for example, the Bitcoin blockchain. The system is configured to carry out the steps of: (i) preparing a first commitment transaction arranged to transmit control of a resource from a source address of a first user to a receiving address of a second user; (ii) preparing a second commitment transaction arranged to transmit control of a resource from a source address of the second user to a receiving address of a further user; (iii) preparing a further commitment transaction arranged to transmit control of a resource from a source address of the further user to either: (a) a receiving address of the first user; or (b) a receiving address of a yet further user and repeating step (iii) until option (a) is performed to complete a transaction chain; and (iv) executing the transaction chain. At least one of the users is randomly chosen from the plurality.
Information query