Lightcoin dark net
Publish: 2021-05-21 01:13:34
1. What is a Leyte coin? To put it simply, litecoin (LTC)
was released on October 7, 2011. It is currently the highest market value counterfeit coin, about 1% of BTC's market value, or US $1000W. Compared with BTC, LTC is faster, with an average of 2.5 minutes and 6 confirmations per block in 15 minutes. In addition, the number of LTCs is four times that of BTCs, with a total of 8400w. At present, LTC uses scrypt algorithm, which needs a lot of memory support. The professional mining machine on the market can not be used for LTC mining, only the graphics card
what is the difference between lightcoin and bitcoin
1. Transaction: easier to use, larger volume and greater appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
was released on October 7, 2011. It is currently the highest market value counterfeit coin, about 1% of BTC's market value, or US $1000W. Compared with BTC, LTC is faster, with an average of 2.5 minutes and 6 confirmations per block in 15 minutes. In addition, the number of LTCs is four times that of BTCs, with a total of 8400w. At present, LTC uses scrypt algorithm, which needs a lot of memory support. The professional mining machine on the market can not be used for LTC mining, only the graphics card
what is the difference between lightcoin and bitcoin
1. Transaction: easier to use, larger volume and greater appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
2. 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
3. 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< What's the difference between lightcoin and bitcoin:
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
4. The value is not stable. It's suggested to look at IEX coin. The value of this coin is stable, and the old players in the coin circle are buying it.
5. Lightcoin, English name is liteoin, short for LTC, was born on November 9, 2011, the founder is Charlie Lee
the purpose of lightcoin is to improve bitcoin, so it has many similarities with bitcoin. In the instry, there is a saying of "bitcoin, lightcoin silver". Compared with bitcoin, the total amount of lightcoin is larger and the confirmation speed is faster
the total number of litecoin is four times that of bitcoin, 84 million; Its proction halved in four years, just like bitcoin; Its consensus mechanism is the same as bitcoin's workload proof mechanism (POW); Its block time is 2.5 minutes, a quarter of that of bitcoin, and it packs a block every 2.5 minutes; The earliest block reward of Laite coin is 50 Laite coins. Up to now (January 2018), Laite coin block reward is 25 Laite coins, with a circulation of about 54 million.
the purpose of lightcoin is to improve bitcoin, so it has many similarities with bitcoin. In the instry, there is a saying of "bitcoin, lightcoin silver". Compared with bitcoin, the total amount of lightcoin is larger and the confirmation speed is faster
the total number of litecoin is four times that of bitcoin, 84 million; Its proction halved in four years, just like bitcoin; Its consensus mechanism is the same as bitcoin's workload proof mechanism (POW); Its block time is 2.5 minutes, a quarter of that of bitcoin, and it packs a block every 2.5 minutes; The earliest block reward of Laite coin is 50 Laite coins. Up to now (January 2018), Laite coin block reward is 25 Laite coins, with a circulation of about 54 million.
6. Lightcoin itself is not a fraud, but there are a lot of people under the guise of lightcoin to carry out pyramid schemes. At present, lightcoin is second only to bitcoin in popularity and recognition, and has higher recognition in China. In addition to Wright coin, there are Ruitai coin, vitality coin, dog coin, ether coin and other excellent currencies.
7. Whether it is MLM or not depends on its specific operation and operation mode. In the mode of joining a member, the company will return cash when introcing a friend to join a member. In this case, it is necessary to take care of relatives and friends< According to the regulations on the prohibition of pyramid selling, the following acts belong to pyramid selling:
(1) organizers or business operators, through developers, require the developed personnel to pay fees or pay fees in disguised form by subscribing for commodities, so as to obtain the qualification to join or develop other personnel, and seek illegal interests
(2) the organizer or operator, through the development personnel, requires 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.
(1) organizers or business operators, through developers, require the developed personnel to pay fees or pay fees in disguised form by subscribing for commodities, so as to obtain the qualification to join or develop other personnel, and seek illegal interests
(2) the organizer or operator, through the development personnel, requires 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.
8. On October 7, 2011, a network organization announced the release of a new P2P virtual currency, called lightcoin (LTC)
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. Bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. Bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
9. 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
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 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.
10. It is the second virtual currency in the world, and the first is bitcoin. The final design quantity of Leyte coins is 82 million, and about 21 million have been excavated. The market price on January 5, 2014 is about 145 yuan
if the country dies out, people can rely on virtual currency to manage themselves, which is equivalent to no Seigniorage and no quantitative easing
virtual currency, which provides many new algorithms, cryptography, Internet technology, identification technology and new trading platform technology, has replaced many government functions. Can we say that virtual currency is a Noah's Ark for human beings to move towards the future?
if the country dies out, people can rely on virtual currency to manage themselves, which is equivalent to no Seigniorage and no quantitative easing
virtual currency, which provides many new algorithms, cryptography, Internet technology, identification technology and new trading platform technology, has replaced many government functions. Can we say that virtual currency is a Noah's Ark for human beings to move towards the future?
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