Patent ID: 11836720

Abstract:
A novel architecture for a infinitely scalable cryptocurrency system is disclosed in the form of multilevel tree hierarchy of blockchains, where the hash for each block in each blockchain is not only passed to the next block in that blockchain, but is also passed to at least one other blockchain on another level to be included in its own hashes, such that no change can be made in any of the blockchains in the hierarchy without recomputing them all. To facilitate maintaining these multiple levels of blockchains, a novel proof of connectivity lottery method is disclosed whereby all active devices connected online associated with a particular blockchain exchange messages where a hash that cannot be controlled by any particular device determines the winner of the lottery. To expedite transmission of messages in a peer-to-peer network, a further innovation is disclosed in the form of a nested propagation network, where an ordered register of devices online is divided into successively sub-divided segments, which can then be used to complete propagation of a message across the peer-to-peer network in a minimum number of theoretical hops.