Nov 16, 2020 at 9:55 p.m.UTC IBM Scores Patent on Proposed Blockchain Consensus for Transactions in Multiplayer Games
Tech giant IBM has been granted a patent on a blockchain-based consensus model envisioned for use in handling transactions within multiplayer games with a large user base.
The U.S.patent, titled “Gaming consensus protocol for blockchain,” was awarded last week and proposes the model of electing a subset of any game’s users to verify transactions, and then from within that subset choosing a leader to generate a block and broadcast it to the blockchain network.“Wherein the gaming peers that validate the block attach their own signature to the block,” reads the patent, noting that because the process of securing and verifying the transactions is also a service, users that contribute to it could also be awarded a fee in return.
The patent outlines a system that could be implemented in multiplayer games with a large user base, such as Fortnite or Call of Duty: Warzone, which involve a wide range of small transactions.While the patent proposes users participate in consensus for ordering transactions, it also notes that execution of smart contracts remains within the blockchain network and can only be transferred if users have sufficient computing power.Share this: Decentralized Exchange Volumes Up 70% in June, Pass $1.5B Jul 1, 2020 at 17:01 UTCUpdated Jul 1, 2020 at 17:18 UTCJune trading volume on decentralized exchanges set a record high of $1.52 billion, up 70% from May, according to data from Dune Analytics.This double-digit percentage growth is simply “the continuation of a trend dating back to the end of [2019],” Jack Purdy, decentralized… Dapp Platfrom Near Raises $12.1 Million From Metastable, Accomplice news Near Protocol, a San Francisco-based platform for developing decentralized applications, has raised $12.1 million in venture capital.
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The opinions expressed… Bitcoin News Roundup for May 15, 2020 May 15, 2020 at 16:00 UTCBTC hovers at $9K while Australia knocks out unlawful bitcoin sales.This is CoinDesk’s Markets Daily Podcast.For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Today’s stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain… Leave a Reply You must be logged in to post a comment.Search.