Suzhou WuMaYun Applies for Patent on Block Synchronous Generation Mechanism, Enhancing Blockchain Throughput

Suzhou WuMaYun Applies for Patent on Block Synchronous Generation Mechanism, Enhancing Blockchain ThroughputFinancial News, Oct. 18, 2024 - Information from the State Intellectual Property Office of China reveals that Suzhou WuMaYun Intelligent Technology Co

Suzhou WuMaYun Applies for Patent on Block Synchronous Generation Mechanism, Enhancing Blockchain Throughput

Financial News, Oct. 18, 2024 - Information from the State Intellectual Property Office of China reveals that Suzhou WuMaYun Intelligent Technology Co., Ltd. has applied for a patent titled "High Throughput Method Based on Block Synchronous Generation Mechanism," with publication number CN118784653A, filed in June 2024.

The patent abstract indicates that the invention provides a high throughput method based on the block synchronous generation mechanism. The method primarily involves the following steps:

S1. Configure multiple nodes, each with independent block generation capabilities. Within a predetermined time interval, each node synchronously generates a block. After generating a block, each node broadcasts it to other nodes.

S2. After generating a block, each node broadcasts it to other nodes. Upon receiving a block, nodes verify it and add the verified block to their local blockchain.

This patent significantly enhances the processing efficiency and throughput of blockchain systems by configuring multiple nodes to generate blocks synchronously and verify them in parallel. The method also features a comprehensive fork handling mechanism. By calculating the accumulated workload and adopting a penalty mechanism, it effectively prevents and handles blockchain forks, ensuring the system's consistency and stability. Furthermore, the patent employs incremental synchronization and compression techniques to further boost the blockchain system's efficiency.

The introduction of this patented technology offers a novel approach to addressing the issues of low throughput and inefficiency in blockchain systems, signifying its crucial role in advancing blockchain technology.

Suzhou WuMaYun Intelligent Technology Co., Ltd. specializes in blockchain technology research and development. It possesses extensive experience and technical expertise in the field. This patent application reflects the company's innovative capabilities and technological prowess in blockchain technology.

As blockchain technology continues to evolve and its application scenarios expand, we expect more innovative technologies and applications to emerge, facilitating the widespread adoption of blockchain technology in various domains.