SYSTEMS AND METHODS FOR MANAGING ALTERNATIVE CURRENCY TRANSACTIONS AND OPTIMIZING FINANCIAL REWARDS

摘要

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.