U.S. Patent 11023309 was awarded to Advanced New Technologies Co., Ltd. on June 01, 2021 and is entitled “Method, apparatus and electronic device for blockchain-based transaction consensus processing.” The first named inventor is Fuxi Deng of Hangzhou, . The abstract contains an overview of the patent disclosure:

A method for blockchain-based transaction consensus processing is provided. Node devices in a blockchain include at least one primary node device and several secondary node devices, the primary node device fragments proposed transaction data into a specified number of data fragments based on an erasure code algorithm, and the method includes: receiving a data fragment of the transaction data that is sent by the primary node device in a unicast mode, where respective data fragments sent by the primary node device to individual node devices in a unicast mode are different from one another; broadcasting the received data fragment to other node devices in the blockchain, and receiving data fragments of the transaction data that are broadcast by the other node devices; determining whether the number of received data fragments of the transaction data reaches an erasure code recovery threshold; and if so, performing data recovery on the received data fragments based on an erasure code reconstruction algorithm to obtain original content of the transaction data, to complete consensus processing with respect to the original content of the transaction data. Link to Full Patent

This blockchain patent was originally filed on October 21, 2020  as U.S. Patent Application 17/076526 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11023309. The primary examiner was Iqbal Zaidi.

Advanced New Technologies Co., Ltd., who is the original assignee of this patent, has at least 1031 total granted patents in the United States as of the date of this article. This blockchain patent has been cited 0 times by other U.S. patents according to our law firm research, and can be considered an innovative patent in the field of cryptocurrency and blockchain.

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