How long does it take for the split height of the Leyte coin

1.

Litecoin (LTC, currency symbol: 321;) It is a kind of network currency based on "peer-to-peer" technology. It is also an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world< better use of digital currency trading platform coin exchange

data expansion:

lightcoin is inspired by bitcoin (BTC), and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol, and is not managed by any central organization. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three significant differences. First, the lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation. Second, the lightcoin network is expected to proce 84 million lightcoins, four times the amount of money issued by bitcoin network. Thirdly, the scrypt encryption algorithm first proposed by Colin Percival is used in lightcoin's workload proof algorithm, which makes it easier to mine lightcoin on ordinary computer than bitcoin. Each Leyte is divided into 100000000 smaller units, defined by eight decimal places

2. Lightcoin, foreign name is litecoin, referred to as LTC. In fact, this is another kind of virtual digital currency after the emergence of bitcoin. Lightcoin is a kind of "peer-to-peer" internet currency, which can help users pay to anyone in the world

in technology, lightcoin has almost the same implementation principle as bitcoin. It is based on an open source encryption protocol in the process of creation and transfer. Like bitcoin, lightcoin is also not managed by the central authorities

as we all know, bitcoin is proced through mining machine. The Leyte coin is also proced by "mining". In the whole mining process of Leyte coin, the computer graphics card will carry out the relevant hash operation. When our "miner" calculates the "burst value", you can get 50 Leyte coins. However, with the continuous growth of the computing power of Wright coin, it is not possible to use a few "mining machines" to dig Wright coin. Therefore, it can only be added to the "ore pool", so that all the calculation power can be collected, and the "ore burst value" can be calculated more easily

the expected total number of online currencies for lightcoin is 84 million, which is four times the amount of online currencies issued by bitcoin. We can use Leyte currency to exchange legal currency and bitcoin. In general, it is through online trading platform. Since the transaction of Leyte coin is irreversible, the revocable transaction cannot be carried out, because it will bring the risk of refund.

3. At present, it is 380, and whether it can break 400 is the key. The skyrocketing price of lightcoin may be related to the hard bifurcation risk bitcoin may face. According to what Wall Street has seen and heard, the bitcoin community is quarreling over whether to expand its capacity (from 1m to 2m or higher). If there is no consensus in the community, bitcoin may be divided into two chains like last year's ether coin, which will be a great blow to the credit of bitcoin. According to the data, the price of Ethernet currency once plummeted by 50% e to hard bifurcation

for security, some bitcoin players have switched to Ethereum and lightcoin platforms. Because lightcoin and bitcoin have the same open source code and similar operating system, it is often considered as the successor when bitcoin system collapses.

4. I checked the qualification, Bao coin is a famous brand in China, Wright coin trading company, it should be safe.

5. Brief introction: a kind of currency based on bitcoin protocol, but it does not require extremely high computing power. It can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr colinpercival for tarsnap secure online backup service (backup for Linux and other open source operating systems)< Br > release time: lightcoin was released on October 7, 2011 through the open source client on GitHub< Br > maximum supply: 84 million LTC < br > total circulation: 55152208ltc < br > market value: $8882916638

6. This is not a rigid rule. It has nothing to do with blockchain. There is a relationship between the algorithm of this currency. The confirmation method of each currency is different, so this is not a rigid rule
the confirmation times of bitcoin are different from that of Ruitai coin, Laite coin and doggy coin.

7. Certainly can buy, I have a large part of the position is Wright coin, now my ZB assets have more than 500000

8.

They are:

bitcoin

the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software was designed and released, and the P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

bitcoin cash

bitcoin cash is a new version of bitcoin with different configurations launched by a small number of bitcoin developers

extended data:

virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher, Sina's Micro currency (used for micro games, Sina reading, etc.), chivalrous Yuanbao (used for chivalrous road game), silver pattern (used for bixue Qingtian game)

the popular digital currencies in 2013 are bitcoin, Leyte coin, infinite coin, quark coin, zeta coin, BBQ coin, pennies (Internet), invisible gold bar, red coin and prime currency. At present, hundreds of digital currencies are issued all over the world. Popular in the circle & quot; The legend of "bitcoin, Wright silver, infinite copper, pennies aluminum"

9.

About bitcoin, the news is flying all over the world these two days

specifically, a foundation called BTN foundation announced that it has set up a bitcoin bifurcated development team to launch a new bitcoin bifurcated BTN. Now its official website is online, which is called btn.kim. Two days later, bitgo, another bitcoin development team, announced that it would fork out from bitcoin. Its name is BTF, which literally means "bitcoin faith"

according to Yao yuan, a well-known bitcoin columnist, bitcoin will "have 10 children" in December, and will at least bifurcate out of 10 "children" such as BCX, SBTC and LBTC

as soon as these things happened, the bitcoin market began to fluctuate again, some investors blew up, and all kinds of rumors came out: why so many forks? Is bitcoin out of order

in fact, the bifurcating of bitcoin is far more complicated than what it shows. If we don't explain its historical background clearly, we really can't understand what happened

< b > the origin of bifurcations: the origin of the bifurcations of bitcoin has existed. The so-called bifurcations refer to the accounting differences caused by different underlying protocols. According to Xue Hongyan, director of the Internet financial center of Suning Financial Research Institute, bitcoin is jointly maintained by a number of point-to-point decentralized nodes. The orderly operation of the whole system depends on the consensus of all nodes, that is, there is a set of recognized standards for key issues such as which transactions are acceptable and which nodes have accounting rights. This set of standards is deployed in the underlying protocol of blockchain and implemented automatically

but nodes are operated by people after all, which is the so-called "miner", but everything operated by people will be different. For example, the miners of some nodes go online every day, while the miners of some nodes go online occasionally; Some nodes are in the eastern hemisphere, some nodes are in the Western Hemisphere... In a word, e to various reasons, over time, bitcoin has different underlying protocols in different nodes

if different versions of underlying protocols are running in a node, different standards will appear, which will result in bifurcation. If the nodes can deal with these version differences and finally form a unified standard, the bifurcation will eventually disappear, which is called soft bifurcation. If the difference cannot be eliminated, when some nodes continue to run different versions of the protocol, the bifurcation will continue, which is called hard bifurcation

it's easy to solve the problem of soft bifurcation, that is, if the account book is wrong, just modify it. Hard bifurcations are not easy to solve. No one thinks he is wrong and explains them according to his own standards. In the end, he can only go his own way and keep his own account. At present, bitcoin bifurcation refers to hard bifurcation

< b > the first bifurcations: the first hard bifurcations of bitcoin technology upgrade are purely technical reasons. The settlement performance of bitcoin itself is limited. According to the original technical agreement, bitcoin can only support up to seven settlements per second. This was not a problem in the early days. With the fire of bitcoin, more and more people flocked in, and the settlement became more frequent than ever. At this time, the original technology was not enough

therefore, in the middle of 2017, some miners proposed new technology agreements, but the other miners did not agree with them. Eventually, both sides held one end and ran their own underlying agreements, which was the first bifurcation in the history of bitcoin

However, with the development of bitcoin trading means, speculators graally regard the bifurcation as a means of money collection, which leads to a great change in the nature of the current bifurcation

the principle is that each bifurcation is essentially equivalent to the issue of a new digital currency, which is linked to bitcoin. The target audience is larger than the general ICO, and it is easier to be accepted by ordinary users than issuing a new digital currency directly

because the team that creates this kind of bifurcation takes the lead, it is very easy to control the transaction of the new currency, especially in the early stage, and it only needs a small cost to control the price trend of the whole currency. This leaves a lot of room for speculation. The forked team only needs to make the new currency accepted by the users, and then it can artificially raise the price to a sky high price. After the real users come in, they can sell all the money they hoard, and get high profits out of thin air

on October 25 this year, a domestic team forked out bitcoin gold (BTG). Two days before the forking, Jiang Zhuoer, CEO of leibitchi, denounced the forking as money looping: "Liao Xiang, founder of BTG, had g 200000 BTG coins in advance before the forking, and wanted to convert them into 20000 bitcoins, looping 80 million yuan."

The advantage of bifurcations can be seen, so that the word "bifurcations create value" has become popular in the field of currency speculation. For this reason, a new word "IFO" - first token issue has been derived

He Sheng, a well-known financial blogger, once told the media that most of the so-called IFO may evolve into the operation of collecting money by harvesting leeks. "Many previous ICOS are doing IFO, and ICO needs to write a white paper and go to the stock exchange to gain market recognition, while IFO does not even need to write a white paper."

this also explains why bitcoin is becoming more and more profitable. To put it bluntly, everyone wants Nakamoto

Can

< b > not bifurcate

whether it's Hong shuning of Suning finance, or Mike & Chen, CEO of bitgo, a bitcoin wallet software provider and one of the project leaders of segwit2x; Mike belshe, the instry actually refuses this bifurcation of bitcoin. In fact, real blockchain practitioners have always hated speculation. At present, the leading enterprises in the domestic blockchain instry have clearly expressed their opposition to the overflow of bitcoin bifurcation. For example, when Xunlei launched the first popular blockchain project in China, its CEO Chen Lei said in an interview: "Xunlei opposes all speculative activities using blockchain, so it is definitely against bitcoin for the purpose of speculation and leek cutting arbitrage."

However, to solve this problem, it is not enough to have an attitude alone, but to have specific means. The best way is not to let bitcoin bifurcate

this is difficult to achieve. Bitcoin's own technology is a relatively primitive blockchain technology with limited computing power. It can barely cope with the previous transaction scale. In view of the current situation of bitcoin fire, it is difficult to support. So sooner or later bitcoin will have to solve the problem of its own computing power

but there is no hope at all. With the innovation of blockchain technology, there will always be some new ways. For example, the shared computing proposed by Xunlei can effectively improve the total amount of computing power and rece the cost per unit of computing power without changing the existing hardware facilities. If bitcoin is combined with shared computing, it can effectively solve the problem of bitcoin's computing power limit without new bifurcation

secondly, the bifurcations for the purpose of cutting Chinese chives can be supervised by means of supervision. For example, compared with the real name system of special currency wallet, the real name system of transactions can effectively prevent the risk of Financial Bureau. At present, the real name system has been implemented in some blockchain projects, and has achieved good results. For example, Xunlei's blockchain is the first blockchain application to introce the real name system in China, which basically eliminates the hidden danger of malicious speculation

in a word, there is a way. It depends on whether bitcoin players accept it or not, and there is a process to implement it. It takes time. Therefore, at this stage, it is better for us to stay away from the bifurcations of bitcoin in various names

10.

LTC is the abbreviation of lightcoin. Lightcoin is inspired by bitcoin (BTC) and has the same implementation principle in technology. The creation and transfer of lightcoin is based on an open source encryption protocol and is not managed by any central authority

for the market of Leyte LTC, you can find it in the UK for financial information