Invention Grant
- Patent Title: Protocol for validating blockchain transactions
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Application No.: US17611550Application Date: 2020-04-23
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Publication No.: US12045830B2Publication Date: 2024-07-23
- Inventor: Chloe Tartan , Bassem Ammar , Jack Davies , Jad Wahab , Wei Zhang , Owen Vaughan , Craig Wright
- Applicant: nChain Licensing AG
- Applicant Address: CH Zug
- Assignee: nChain Licensing AG
- Current Assignee: nChain Licensing AG
- Current Assignee Address: CH Zug
- Agency: Messner Reeves LLP
- Priority: GB 07345 2019.05.24
- International Application: PCT/IB2020/053844 2020.04.23
- International Announcement: WO2020/240300A 2020.12.03
- Date entered country: 2021-11-15
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; G06Q20/02 ; H04L9/00

Abstract:
A method of validating transactions for recordal in a blockchain comprises receiving one or more transactions at a node of a blockchain network. For each received transaction a protocol for validating the transaction is applied. The protocol is configured to allow a termination opcode to be included in an output script of the transaction. The termination opcode is configured to, upon being executed by the node, a) terminate execution of the output script, and b) not to invalidate the transaction based only on the inclusion of the termination opcode in the output script. The protocol is also configured to disallow any instance of the termination opcode from being included in an input script of the transaction, said disallowing comprising the node at least invalidating the transaction if any instance of the termination opcode is included in the input script.
Public/Granted literature
- US20220261805A1 PROTOCOL FOR VALIDATING BLOCKCHAIN TRANSACTIONS Public/Granted day:2022-08-18
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