What's the use of isolated verification
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
digital currencies are traded on exchanges, such as coin an, fire coin and bitbuffer.
isolation witness is a method of blockchain expansion, which has been successfully implemented on lightcoin and bitcoin
at present, each block in the blockchain not only records the specific information of each transfer transaction, that is, at which time point the account receives or transfers out how many bitcoins, but also contains the digital signature of each transaction, which is used to verify the legitimacy of the transaction. The miner needs to verify each transaction one by one with digital signature when packing the block. After confirming that there is no problem, the transaction will be recorded in the block
however, for ordinary users, they only care about the number of assets in each account, and do not need to verify each transaction one by one. Isolation witness is to take out the digital signature information in the block, so that each block can carry more transactions, so as to achieve the purpose of expansion.
fortunately, I have solved the problem of letting back the principal. How dangerous! I've been cheated by more than 100000 people, and my problem has been solved.
since the foundation of the Global Finance Association (GFA), the global finance conference has held eight annual meetings in Los Angeles, Chicago, Hawaii, San Diego and Monterey, Mexico City, Istanbul and Montreal. About 200 people from all walks of life submit academic papers and attend the annual meeting. The main sponsors of previous conferences include: 18 universities including Harvard University, University of California, California State University and Citibank, at & T, financial times, the Wall Street Journal, CBOT, Chicago Stock Exchange, APEC, McGraw Hill and other more than 20 enterprises.