Patent Document ID: 9875510
Application ID: 14706247
Patent Flag: 1

Claim One:
1. A decentralized consensus system for tracking transferable digital objects, the system comprising: i. a plurality of node computers, each node computer in said plurality of node computers including a processing unit, some amount of memory accessed by said processing unit, and a network interface operatively coupled to said processing unit and a wide area network connecting said plurality of node computers; ii. each node computer within said plurality of node computers including a consensus system software application running on said processing unit of said node computer; and iii. said consensus system software application adapted to: 1) load an initial ledger containing a first set of digital objects; 2) connect to peer nodes over said wide area network; 3) download block chain data from connected peer nodes, said block chain data including one or more data block chains, each data block chain within said one or more data block chains including a set of data blocks, each data block within said set of data blocks including a set of transactions and signed by one or more block signers within a set of block signers; 4) check validity of said block chain data using a set of consensus rules to determine whether data blocks within said set of data blocks follow a set of protocol rules; 5) where said block chain data includes more than one data block chain, determine a consensus data block chain based on a most committed stake metric, wherein said consensus data block chain includes a set of valid transactions and a set of valid data blocks; 6) pass said set of valid transactions and said set of valid data blocks to one or more connected peers over said wide area network, wherein said set of valid transactions and said set of valid data blocks are verified to follow said set of protocol rules; and 7) maintain a current ledger, said current ledger built from said initial ledger, said valid transactions and said valid data blocks.