Fire money network to buy 5000 coins at a time
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. 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.
According to the domestic bitcoin, lightcoin trading platform bitcoin China and fire coin network quotation: at present, the price of lightcoin is about 58 yuan
recently, e to the FBI auction of bitcoin and the rumor that the Bank of communications will thoroughly investigate the account number of bitcoin trading platform and the impact of bitcoin core developers' outcry for stagnation in the development of bitcoin basic protocol, the prices of bitcoin and lightcoin have dropped. Among them, the price of lightcoin has not been affected by the rising price of bitcoin. The price is moderate and keeps growing slowly. When the price of bitcoin falls, lightcoin still falls
extended data:
design purpose
based on bitcoin protocol, but different from bitcoin, even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units
one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin
1. Entry fee is required
2. Need to constantly find partners, and set up a team under the guise of doubling income to ince others
3. Decide how much you will get in return according to the number of people below and their business performance< Article 7 of the regulations on the prohibition of pyramid selling of the State Council is an act of pyramid selling:
(1) organizers or business operators, through development personnel, require the developed personnel to develop other personnel to join, To calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developing personnel based on the number of the personnel they have directly or indirectly developed in a rolling way, so as to seek illegal benefits
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests.
for example, according to the opening price on July 29 of huoyuan.com, the value of a single currency is 281 yuan. A bitcoin is worth 18879.98 yuan
if you use bitcoin to price lightcoin,
at the opening of July 29, a lightcoin worth 281 yuan can be obtained by taking the price of lightcoin / bitcoin: 281 / 18879.98 = 0.0148< In other words, if you bid 0.0148 bitcoins,
someone will sell you a lightcoin. Currency transaction is to exchange one kind of blockchain assets for another, such as using BTC to buy LTC.
however, it should be noted that just like stock speculation, money speculation can not prevent the market maker from controlling the market, so stop loss should be done well, and pay attention not to use leverage or use less leverage
in addition, please pay attention to the closure of the platform, and the amount of speculation should not be too high. For example, for collection, please pay attention to the use of cold wallet to rece the risk.