What is the founder of Leyte coin, Li Qiwei
Lite coin
development time: November 9, 2011,
developer: Charlie Lee
algorithm: scrypt encryption algorithm
circulation platform: fullcoin
abbreviation: LTC, currency symbol: 321
it is a kind of network currency based on "peer-to-peer" technology and an open source software project under MIT / X11 license.
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.
litecoin (abbreviated as LTC, currency symbol: Ł) 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 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.
Jybusd: the lucky dollar is a kind of digital currency, but it has been proved to be a kind of digital currency fraud
digital currency investment needs to pay attention to the following matters:
1. Regular security platform
we must trade through regular digital currency investment platform. If we want to trade through digital currency investment, we can choose digital currency with business license and corresponding company service telephone, which will be relatively safe
2, a small amount of capital investment
investment in digital currency investment leverage investment risk is greater, novice early do not blindly pursue money and profit, can survive in this investment market is the most critical. At the same time, in order to prevent the loss of too much money after being cheated, we must keep an optimistic attitude according to our own situation, and we must participate in a small amount of money to rece the investment risk
3. If you are cheated, report to the police in time. Although the police may not help, but at least let the police on record, so as to recover the loss also has a certain help
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extended data :
common digital currency:
1, bitcoin (BTC)
bitcoin the concept of bitcoin was first proposed by Nakamoto in 2009, which is a P2P digital currency based on SHA-256 algorithm. Point-to-point transmission means a decentralized payment system, The total issue amount is 21 million
2. Ethereum (ETH)
Ethereum is a public blockchain with smart contract function, and its founder is vitalik buterin
3. XRP
ripple is a decentralized asset transmission network, which is used to solve the asset conversion and trust problems between financial institutions and users
4. Bitcoin cash (BCH)
BCH is a kind of hard bifurcated bitcoin, which modifies the code of bitcoin, supports large blocks, and does not include segwit. To solve the problem of capacity expansion
5. Lightcoin (LTC)
lightcoin is derived from bitcoin, and its founder, Li Qiwei, went online on June 22, 2017
6. Dash
changed its name to dash after its original name was darkcoin. It is a digital currency that supports real-time transactions and aims at protecting users' privacy. Based on bitcoin, its unique two-layer network can make it more comprehensive for testing and updating
7. Xem
Xinjing coin is a new type of digital virtual coin based on Java, which adopts a new synchronous solution based on POI of proof of importance, and is said to be the first encrypted coin to realize multi signature at the block chain level
Small ant stock (NEO)Neo, using blockchain technology and digital identity for asset digitization, using intelligent contract for automatic management of digital assets, realizes a distributed network of "intelligent economy". In June 2015, GitHub launched a real-time open source project in 2014, with a total amount of 100 million. Founder Da Hongfei, Zhang Zhengwen
9. Monroe is a new generation of virtual currency based on cryptonote protocol and dedicated to privacy protection
at present, more than 60% of bitcoin computing power is in China, and more than 60% of transactions are in RMB. China occupies a leading position in bitcoin and other virtual currency markets. Most virtual currencies also have Chinese figures. For example, Li Qiwei, the founder of lightcoin, is a Chinese American. The Yuan Bao coin, Fuyuan coin and Zhaocai coin made in China are also authentic. Zeng Hongji's bitstock is also the project of Li Xiaolai
but it is worth noting that most of the research on virtual currency is not in China, and bitcoin related financing also occurs in European and American countries. European and American countries pay more attention to infrastructure construction and R & D, focusing on the future rather than immediate interests.