PATENT CLAIM ANALYSIS

Application Number: 16249514
Application Type: Utility
Filing Date: 2019-01
Publication Date: 2019-05
Patent Classification: ["713", "176000"]

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 10):
The method of  claim 5 , wherein a burn value of a transaction is adjusted downward depending on the number of hops that the transaction has made across the blockchain network, as measured by an embedded chain of cryptographic signatures contained within the transaction that document its course of transmission across the blockchain network.

Metadata:
- Claim Count in Document: 47.0
- Percentile: 99.0
- Lexical Diversity: 1.66667
- Patent Class: 713.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['16052912', '16136637', '15392389', '15942604', '16135701']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.3753449618315616
- 35 USC 102 Novelty (BERT): 0.6226907376278717
- Combined Prediction Score: 0.4000795394111926
- Mean Citation Score: 318.853112
- Max Citation Score: 546.57135
- Similarity Product: 521.9750437206657

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

Dataset: test