“According to Decker, each channel can process about 500 tx per second. With thousands of channels being utilized at once, #Bitcoin could theoretically scale beyond not only any other #cryptocurrency but any other payment method, including VISA.”

“According to Decker, each channel can process about 500 tx per second. With thousands of channels being utilized at once, #Bitcoin could theoretically scale beyond not only any other #cryptocurrency but any other payment method, including VISA.” submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

BLOCKCHAIN-IMPLEMENTED SYSTEM AND METHOD (patentscope.wipo.int)

The invention provides a novel and advantageous method and corresponding system. The invention is implemented via a distributed electronic ledge (blockchain). This may or may not be the Bitcoin blockchain. The invention is suited for the exchange or transfer of an asset, e.g. a digital asset, such as tickets and the like (but not limited in this regard). A n embodiment may provide a computer – implemented method for transferring an asset between a first user and a second user via a…

Bitcoin

BLOCKCHAIN-IMPLEMENTED METHOD AND SYSTEM (patentscope.wipo.int)

The invention provides a computer-implemented control method and corresponding system. The method may control or influence a device, system or other resource such as a technical process. The invention can provide a mechanism for emulating or otherwise executing the functionality of a logic gate via a computer-based distributed ledger (blockchain). This may be the Bitcoin blockchain or an alternative network/protocol. The invention provides logic embedded within a redeem script such that it…

Bitcoin

ACCREDITED CERTIFICATE AUTHENTICATION SYSTEM BASED ON BLOCKCHAIN, AND ACCREDITED CERTIFICATE AUTHENTICATION METHOD BASED ON BLOCKCHAIN, USING SAME (patentscope.wipo.int)

The present invention relates to an accredited certificate authentication system based on a blockchain, and an accredited certificate authentication method based on a blockchain, using the system, the system and method including: a user terminal (100) requesting blockchain-based accreditation; a blockchain-based accredited certificate authentication-requesting server (600) which, in response to the blockchain-based accreditation request of the user terminal (100), transmits personal…

Bitcoin

A BLOCKCHAIN-IMPLEMENTED CONTROL METHOD AND SYSTEM FOR CONTROLLING AN EXTERNAL PROCESS OR SYSTEM (patentscope.wipo.int)

The invention provides a computer-implemented method and corresponding system which is implemented using an electronic ledger such as a blockchain. This may or may not be the Bitcoin blockchain. The invention can be used to implement, execute and/or control the performance of a task or process. A method according to the invention comprises the steps of generating a blockchain Transaction which comprises: at least one signed input which comprises a value; and at least one modifiable output….

Bitcoin