• 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

Chainalysis Releases New Research Report on Cryptocurrency

chest

Chainalysis has recently published a research report that focuses on various aspects of cryptocurrency, providing valuable insights into current trends in the market.

user avatarLeo van der Veen

ETHBTC Ratio Falls to Early 2023 Levels, Raising Investment Questions

chest

The ETHBTC ratio has dropped to 0.027, bringing it back to early 2023 levels, raising questions about Ethereum's market position relative to Bitcoin.

user avatarAisha Farooq

ETHUSDT Chart Signals Bearish Correction Amid Market Concerns

chest

The ETHUSDT chart indicates a bearish correction following a strong weekly open, suggesting a deeper pullback may be needed.

user avatarLi Weicheng

XRP Approaches Critical Support Zone

chest

XRP is currently trading at a significant support area that may influence its next major price movement.

user avatarBayarjavkhlan Ganbaatar

Hyperliquid ETFs Gain Attention with $158 Million in Assets

chest

Three Hyperliquid ETFs launched in May 2026 have accumulated $158 million in combined assets, drawing attention from traders.

user avatarTenzin Dorje

Bitcoin Approaches Key Resistance Level at $64,100

chest

Bitcoin is currently approaching a significant local resistance level at $64,100, following an 11% correction.

user avatarMohamed Farouk

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.