PATENT CLAIM ANALYSIS

Application Number: 16052944
Application Type: Utility
Filing Date: 2018-08
Publication Date: 2019-02
Patent Classification: ["705", "076000"]

Abstract:
Novel tools and techniques are provided for implementing blockchain transactions, and, more particularly, to methods, systems, and apparatuses for securing a blockchain with proof-of-transactions. In various embodiments, the blockchain system utilizes a proof-of-transactions approach that is based on a multi-player voting system and that is not susceptible to a free-rider problem that affects many other cryptocurrencies. The proof-of-transactions approach allows the cryptocurrency network to divide revenue between the nodes in the peer-to-peer network that provides bandwidth and connectivity and a set of other nodes that solve computational puzzles that safeguard the security of the blockchain system.

Claim (Index 12):
The node of  claim 11 , wherein the burn fee is algorithmically set by at least one computing system in the blockchain network.

Metadata:
- Claim Count in Document: 11.0
- Percentile: 96.0
- Lexical Diversity: 1.66667
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['16052912', '15392389', '15942604', '15640604', '14706247']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1240855681104612
- 35 USC 102 Novelty (BERT): 0.5914817260687836
- Combined Prediction Score: 0.1708251839062934
- Mean Citation Score: 314.3572020000001
- Max Citation Score: 521.357
- Similarity Product: 429.5155082024336

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test