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 8):
The method of  claim 1 , further comprising:\n determining, with at least a majority of the plurality of nodes in the blockchain network, whether aggregate burn values of the transactions included in a block are sufficient to pay for the burn fee required for production of a block; and based on a determination that the aggregate burn values of the transactions included in the block are sufficient to pay for the burn fee required for the production of the block, determining, with the at least a majority of the plurality of nodes in the blockchain network, that the block is valid and including, with the at least a majority of the plurality of nodes in the blockchain network, the block in a blockchain.

Metadata:
- Claim Count in Document: 11.0
- Percentile: 96.0
- Lexical Diversity: 1.66667
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['16052912', '15392389', '15942604', '15640604', '14706247']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1120749776096509
- 35 USC 102 Novelty (BERT): 0.5872103145110853
- Combined Prediction Score: 0.1595885112997944
- Mean Citation Score: 314.3572020000001
- Max Citation Score: 521.357
- Similarity Product: 420.0205749595165

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