• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Circle has obtained a patent for the technology of simultaneous block processing in blockchains

Circle has obtained a patent for the technology of simultaneous block processing in blockchains

user avatar

by Max Nevskyi

2 years ago


The American company Circle, known as the issuer of the stablecoin USDC, has patented a new technology for parallel processing of blocks in blockchain. This method, which uses data fragmentation, is aimed at improving performance in high-load software systems.

According to representatives of Circle, until now, the implementation of parallel data processing in blockchain, where each new block depends on the previous one, has been a significant challenge.

Blockchain nodes, to which cryptocurrency applications are connected, often operate unstably and are usually unable to process large volumes of data quickly. Our innovation solves this problem by providing technology for parallel data processing in blockchain with sequential verification of each block.stated in the official company announcement

The technology, which allows for the simultaneous processing of multiple information fragments with sequential block verification, was developed by Circle's Chief Engineer and Technical Director Marcus Boorstin. Boorstin noted that Circle first used this technology for processing transactions in the Solana blockchain, which has a higher throughput compared to the Ethereum network.

The concept of parallel block processing (BUIP033) was first proposed by Bitcoin Unlimited developer Peter Tschippe in October 2016 and involved creating a separate command sequence for block verification.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitspay Exchange to List Patos Meme Coin with First-Ever Bitcoin Pairing

chest

Bitspay is set to list the Patos Meme Coin (PATOS) with a unique pairing to Bitcoin (BTC), marking a significant milestone for the token.

user avatarRajesh Kumar

IPO Genie Launches Utility-First Crypto Presale

chest

IPO Genie has launched a presale for its IPO token, focusing on utility and access to private market opportunities.

user avatarMiguel Rodriguez

Grayscale Registers New ETFs in Delaware, Signaling Future Expansion

chest

Grayscale Investments has registered two new ETFs in Delaware, indicating potential future expansion in the cryptocurrency market.

user avatarArif Mukhtar

Trump Supports Iranian Freedom Amid Military Strike Discussions

chest

Trump expresses support for Iranian freedom amid discussions of potential military strikes.

user avatarLuis Flores

Institutional Interest in Bitcoin ETFs Resurges Amid Market Fluctuations

chest

The resurgence of institutional entries into US spot Bitcoin ETFs is seen as a positive signal for Bitcoin's long-term expectations.

user avatarMaria Gutierrez

OBBBA Legislation to Reshape Renewable Energy Project Financing

chest

The One Big Beautiful Bill Act (OBBBA) introduces new regulations affecting renewable energy project financing in the United States, effective July 4, 2026, imposing stricter rules on foreign components and creating a two-tier market for developers.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.