• 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

Banxico Cuts Interest Rate by 25 Basis Points

chest

Banxico has unexpectedly reduced its benchmark interest rate to 6.75%, marking a significant policy shift.

user avatarMaya Lundqvist

ARCAGI3 Benchmark Highlights AI Models' Limitations

chest

The ARCAGI3 benchmark reveals that leading AI models struggle to generalize in unfamiliar environments, significantly underperforming compared to humans.

user avatarLi Weicheng

Nvidia CEO Claims AGI Achievement Amidst New AI Benchmark Release

chest

Nvidia's CEO Jensen Huang claimed AGI has been achieved, but a new benchmark shows AI models are far from this goal.

user avatarLeo van der Veen

CasinOK Integrates Lightning Network for Fast Bitcoin Transactions

chest

CasinOK integrates the Lightning Network for fast Bitcoin transactions, allowing execution within 32 seconds and reducing gas fees.

user avatarAisha Farooq

Bybit Launches AED Fiat Referral Boost with 7,500 USDT Prize Pool

chest

Bybit launches AED Fiat Referral Boost with a 7,500 USDT prize pool to incentivize deposits and referrals.

user avatarTenzin Dorje

Bybit Enhances USDC Trading Ecosystem with New Fee Structure

chest

Bybit announces significant enhancements to its USDC trading ecosystem, including an optimized fee structure and liquidity improvements for spot and futures trading pairs, effective March 23, 2026.

user avatarBayarjavkhlan Ganbaatar

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.