U.S. Patent 11144411 was awarded to Advanced New Technologies Co., Ltd. on October 12, 2021 and is entitled “Transaction consensus processing method and apparatus for blockchain and electronic device.” The first named inventor is Xiaojun LIAO of Hangzhou, . The abstract contains an overview of the patent disclosure:

A transaction consensus processing method for a blockchain is provided. A target node that initiates a proposition performs compression processing on proposed transaction data based on a compression algorithm, and fragments the compressed transaction data into a number of data fragments based on an erasure code algorithm. The method includes: receiving a data fragment of the transaction data that is sent by the target node in a unicast mode, data fragments sent by the target node to nodes in the unicast mode being different; broadcasting the received data fragment to other nodes, and receiving data fragments of the transaction data that are broadcast by the other nodes; performing data recovery on the received data fragment based on an erasure code reconstruction algorithm, performing decompression processing on the recovered transaction data based on a decompression algorithm to obtain original content of the transaction data, and completing the consensus. Link to Full Patent

This blockchain patent was originally filed on October 23, 2020  as U.S. Patent Application 17/079343 at the United Stated Patent and Trademark Office. The application was them awarded a patent grant and published as U.S. Patent 11144411. The primary examiner was Yicun Wu.

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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