Invention Grant
- Patent Title: Method of using a blockchain
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Application No.: US17771407Application Date: 2020-10-12
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Publication No.: US12074993B2Publication Date: 2024-08-27
- Inventor: Jack Owen Davies , Daniel Joseph , Craig Steven 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 15444 2019.10.24
- International Application: PCT/IB2020/059570 2020.10.12
- International Announcement: WO2021/079225A 2021.04.29
- Date entered country: 2022-04-22
- Main IPC: H04L9/00
- IPC: H04L9/00 ; H04L9/08 ; H04L9/32

Abstract:
Contributions to a work by contributors having respective levels in a defined hierarchy are recorded in one or more blockchain transactions. One or more lower-level contributors provide, to a higher-level contributor, one or more lower-level contributions respectively, and the higher-level contributor provides a higher-level contribution responsive to the one or more lower-level contributions. A higher-level contributor transaction comprises one or more inputs, which in turn comprise: one or more pointers to one or more spendable outputs of one or more lower-level contributor transactions and one or more transaction signatures. The transactions contain contributions commitments which, together with the one or more pointers, represent the relationship between the higher-level contributor and the lower-level contributors within the defined hierarchy. The one or more transaction signatures prove that relationship.
Public/Granted literature
- US20220400020A1 METHOD OF USING A BLOCKCHAIN Public/Granted day:2022-12-15
Information query