19 Oct '15, 10am

21 Inc Reveals Profit Sharing Technology Plans in Patent Application #bitcoin

21 Inc Reveals Profit Sharing Technology Plans in Patent Application #bitcoin

“[…] [A] transaction may be divided between multiple destination wallets. During mining operations performed by profit-sharing mining circuitry, the profit-sharing circuitry assigns a portion of the new currency to one or more predetermined wallets that have been assigned to the profit-sharing mining circuitry (e.g., hardcoded in the dedicated circuitry). For example, a percentage of the new currency such as 50% (or any desired percentage) may be assigned to the predetermined wallets. The predetermined wallets may sometimes be referred to herein as profit-sharing wallets or reward-sharing wallets. The remainder of the new currency may be assigned to one or more user wallets such as wallets of the miners that are operating the profit-sharing mining circuitry […]. […] One or more profit-sharing wallets may be hardcoded into the dedicated profit-sharing mining circuitry durin...

Full article: http://cointelegraph.com/news/115426/21-inc-reveals-profi...

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21 Inc Applies for Digital Currency Mining Circuitry Patent: 21 Inc, the best-funded company in

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