Systems And Methods For Managing Alternative Currency Transactions And Optimizing Financial Rewards

  • Published: Feb 25, 2016
  • Earliest Priority: Aug 21 2014
  • Family: 1
  • Cited Works: 3
  • Cited by: 27
  • Cites: 3
  • Additional Info: Cited Works Full text
Abstract

Alternative currency systems and methods that overcome virtual currency growth hurdles to maintain a decentralized network and individual miner reward are disclosed, including but not limited to the steps of providing a proof of knowledge platform criteria so that miners are incentivized to mine blocks they have knowledge about, and managing unspent and spent user transactions in block chains, with the goal of maintaining decentralized networks for alternative currency transactions and managing block chain size.


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Document History
  • Publication: Feb 25, 2016
  • Application: Aug 21, 2015
    WO US 2015/0046305 W
  • Priority: Aug 21, 2014
    US US 201462039975 P

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