Intel introduces a new process for verifying transactions committed on blocking transactions.
Mining will lose popularity
In a statement to the US Patent and Trademark Office, the company described how to automatically separate and update distributed registries, through which the processor can independently verify the blocks and add them to the registry.
This method differs from the traditional mining method, in which in blockages, such as the bitcoin blockchain, there is a network of competing nodes verifying and recording transactions in exchange for a reward.
The application says that some of these systems built on distributed registries (DLS) may be block libraries, however, a border is drawn between these two technologies.
According to the statement, physical computers must be preconfigured for certain parameters, through which computers can determine how the blocks should be verified.
However, in response to concerns about scaling issues, the patent application notes that distributed registries may not be the most efficient way to store data.
“Distributed registers are characterized by problems with scaling. When all validators in DLS must have copies of all transactions, all transactions must be reported to all validators. These broadcast transactions create a huge number of messages on the network. ”
Because of this, DLS can deliver “significant storage requirements” to users and “may not scale well”.