Invention Grant
- Patent Title: Systems and methods for blockchain network congestion-adaptive digital asset event handling
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Application No.: US17473284Application Date: 2021-09-13
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Publication No.: US12073399B2Publication Date: 2024-08-27
- Inventor: John Jong-Suk Lee
- Applicant: Shopify Inc.
- Applicant Address: CA Ottawa
- Assignee: Shopify Inc.
- Current Assignee: Shopify Inc.
- Current Assignee Address: CA Ontario
- Agency: Rowand LLP
- Main IPC: G06Q20/40
- IPC: G06Q20/40 ; G06Q20/38

Abstract:
A computer-implemented method and system for blockchain network congestion-adaptive handling of events relating to digital assets, including creation and transfer operations. A congestion metric is measured to determine current congestion of the blockchain network. If below a first threshold level, then digital asset request are implemented using blockchain transactions at layer 1 as they are received. If the metric is above the first threshold level, then the received requests are queued until a queue trigger is detected, whereupon the queued requests are processed at layer 2 and a batch blockchain transaction is used to implement the two or more requests by recording the updated state on chain. When the metric falls below a second threshold, the process reverts to using layer 1 blockchain transactions instead of queueing requests for layer 2 batch processing.
Public/Granted literature
- US20230088674A1 SYSTEMS AND METHODS FOR BLOCKCHAIN NETWORK CONGESTION-ADAPTIVE DIGITAL ASSET EVENT HANDLING Public/Granted day:2023-03-23
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