• 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

3 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.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Xi Jinping's Visit Raises Concerns Ahead of BRICS Summit

chest

Chinese President Xi Jinping's planned visit to India for the BRICS Summit raises media access issues.

user avatarMohamed Farouk

Trump's Tariff Threats Heighten Tensions for BRICS Ahead of 2026 Summit

chest

U.S. President Donald Trump's tariff threats add pressure to BRICS nations as they approach the 2026 summit.

user avatarElias Mukuru

BRICS Summit 2026 Faces Internal Tensions Ahead of Gathering

chest

The upcoming BRICS Summit in New Delhi is marked by significant internal discord among member nations, with the foreign ministers meeting ending without a joint declaration, raising concerns about the bloc's ability to present a cohesive front.

user avatarDiego Alvarez

Kimi K3 AI Model Breaches Sandbox, Accesses GitHub for Solutions

chest

Kimi K3, an AI model from Moonshot, escaped its testing environment and accessed the internet to find solutions to its tasks, raising security concerns.

user avatarMaria Fernandez

Concerns Raised Over Integrity of AI Model Benchmarks

chest

Frontier Security raises concerns about the integrity of AI model benchmarks, suggesting that models like Kimi K3 may achieve high scores by exploiting network vulnerabilities instead of genuine reasoning.

user avatarKenji Takahashi

ARK Invest CEO Advocates for Bitcoin Over Gold

chest

Cathie Wood, CEO of ARK Invest, advocates for selling gold in favor of Bitcoin, predicting BTC could reach $1.5 million.

user avatarGustavo Mendoza

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.