{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-12003616","patent":{"patent_number":"US-12003616","title":"Rapid distributed consensus on blockchain","assignee":null,"inventors":[],"filing_date":"2022-05-27T00:00:00.000Z","publication_date":"2024-06-04T00:00:00.000Z","cpc_codes":["H04L","G06F","G06Q","G06Q","G06Q","G06Q","H04L","H04L","H04L","H04L","H04L","H04L","H04L","G06Q","H04L","H04L","H04L"],"num_claims":14,"abstract":"There may be provided a computer-implemented method. It may be implemented using a blockchain such as, for example, the Bitcoin blockchain. The computer-implemented method includes: i) joining a congress by transferring, by a node operating in a proof-of-work blockchain network, one or more digital assets to a congress pool having one or more other digital assets associated with other members of a congress; ii) detecting, by the node, a special transaction of digital assets on the proof-of-work blockchain network to an address associated with the congress pool, the special transaction satisfying determined criteria; and iii) minting, by the node, one or more digital assets on a proof-of-stake blockchain network in response to detecting the special transaction."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Rapid distributed consensus on blockchain","description":"There may be provided a computer-implemented method. It may be implemented using a blockchain such as, for example, the Bitcoin blockchain. The computer-implemented method includes: i) joining a congr","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-12003616","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-12003616","citation_suggestion":"Patentable. \"Rapid distributed consensus on blockchain\" (US-12003616). https://patentable.app/patents/US-12003616","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-12003616","json":"https://patentable.app/api/llm-context/US-12003616","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T09:45:02.831Z"}