Credentialed blockchain participation
A computing system comprises a plurality of network computing devices, each maintaining an instance of a blockchain. The blockchain includes an ordered set of blocks, each block including one or more transaction entries and a cryptographic hash of an immediately preceding block. The blockchain further includes new participant introduction logic configured to add a transaction entry to a block of the blockchain. The transaction entry includes a blockchain account and a verifiable unique digital identity including a public cryptographic key.
1. A computing system, comprising:
a plurality of network computing devices, each maintaining an instance of a blockchain, the blockchain including:
an ordered set of blocks, each block including one or more transaction entries and a cryptographic hash of an immediately preceding block; and
new participant introduction logic including a program function configured to add a transaction entry to a block of the blockchain upon execution of the program function by one of the network computing devices, the transaction entry including:
a blockchain account; and
a verifiable unique digital identity including a public cryptographic key, wherein the transaction entry added by the new participant introduction logic further includes bylaws of the blockchain cryptographically signed with a private cryptographic key paired with the public cryptographic key of the verifiable unique digital identity;
miner upgrade logic configured to authorize the verifiable unique digital identity as a miner of the blockchain responsive to recognizing the bylaws of the blockchain cryptographically signed with the private cryptographic key paired with the public cryptographic key of the verifiable unique digital identity.
2. The computing system of claim 1 , wherein the verifiable unique digital identity is created contingent on bylaws of the blockchain being verifiably accepted.
3. The computing system of claim 1 , wherein the new participant introduction logic is configured to add the transaction entry contingent on verifying authenticity of the verifiable unique digital identity.
4. The computing system of claim 1 , wherein the new participant introduction logic is configured to verify authenticity of the verifiable unique digital identity with a Trusted Witness.
5. The computing system of claim 4 , wherein the new participant introduction logic includes logic for using a known public key of the Trusted Witness to verify a cryptographic digital signature of the Trusted Witness.
6. The computing system of claim 1 , wherein the new participant introduction logic is configured to verify authenticity of the verifiable unique digital identity with an entity legally authorized to legally identify individuals and witness legally binding contracts.
7. The computing system of claim 1 , wherein the new participant introduction logic is configured to verify authenticity of the verifiable unique digital identity with a government.
8. The computing system of claim 1 , wherein the new participant introduction logic is configured to verify authenticity of the verifiable unique digital identity with a certificate authority.
9. The computing system of claim 1 , wherein the new participant introduction logic is configured to verify authenticity of the verifiable unique digital identity by querying a database of corporations and corresponding articles of incorporation.
10. The computing system of claim 1 , wherein the new participant introduction logic is configured to block a transaction that does not include both a blockchain account and a verifiable unique digital identity.
11. A computer storage device holding instructions executable by a computer processor, the instructions comprising:
instructions for maintaining an instance of a blockchain including an ordered set of blocks, each block including one or more transaction entries and a cryptographic hash of an immediately preceding block;
instructions for recognizing a transaction entry submission to a block of the blockchain, the transaction entry submission specifying a transaction entry including a blockchain account and a verifiable unique digital identity including a public cryptographic key;
instructions for verifying authenticity of the verifiable unique digital identity;
instructions comprising new participant introduction logic that includes a program function contained within the blockchain executable by the computer processor for adding the transaction entry to the block of the blockchain contingent on verifying authenticity of the verifiable unique digital identity, wherein the transaction entry added by the new participant introduction logic further includes bylaws of the blockchain cryptographically signed with a private cryptographic key paired with the public cryptographic key of the verifiable unique digital identity; and
instructions comprising miner upgrade logic to authorize the verifiable unique digital identity as a miner of the blockchain responsive to recognizing bylaws of the blockchain cryptographically signed with the private cryptographic key paired with the public cryptographic key of the verifiable unique digital identity.