Currency with the same algorithm

1. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three advantages:
① lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation
② lightcoin network is expected to proce 84 million lightcoins, which is about four times the circulation of bitcoin network
③ in its workload proof algorithm, lightcoin uses scrypt encryption algorithm first proposed by Colin Percival, which makes it easier to mine lightcoin on ordinary computer than bitcoin
lightcoin is the most successful digital currency to imitate bitcoin. At present, major platforms support lightcoin transactions, including 58coin. It can be seen that lightcoin is comparable to bitcoin in terms of security and recognition.

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.

1. Litcoin (LTC) is an improved version of digital currency inspired by bitcoin (BTC). It was designed and implemented by a programmer who worked in Google. It was released on November 9, 2011. Lightcoin and bitcoin have the same implementation principle in technology, but the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central organization

2. Sunshine coin (SSC for short) is sponsored by Liu Chunyang, vice president of Jinhua express delivery Association of Zhejiang Province, instrial entrepreneur and philanthropist of express delivery instry. As a legal person, Zhejiang Dongyang Yueyin Technology Co., Ltd. is registered with the formal instry and Commerce Bureau, with a registered capital of 10 million yuan. With this as the backing and support, the sunshine elite team affiliated to the company launched the first virtual coin sunshine coin

The English name of Vicat is onecoin, which is a kind of Internet virtual currency term created by the government and is suspected of pyramid selling fraud

in 2017, CCTV announced the list of 350 fund pyramid schemes, with Vicat in the list

in May 2018, Zhuzhou County Procuratorate of Hunan Province prosecuted the last four suspects involved in the third batch of the "3.15" Vicat money online pyramid scheme case supervised by the Ministry of public security to the court

4. Amazon coin

Amazon announced in early February 2013 that it is expected to launch Amazon coins in the United States in May 2013. Amazon coins is a new virtual currency that allows U.S. users to buy apps, games and props in the kindle fire. Amazon will provide tens of millions of US dollars of Amazon coins at that time to let users try and consume the apps, games and props in the app on the kindle fire for free

5. Eth is a kind of digital token of Ethereum, which is regarded as "bitcoin version 2.0". It adopts the blockchain technology "Ethereum", which is different from bitcoin. It is an open-source public blockchain platform with intelligent contract results, and a resonance network composed of thousands of computers around the world. Developers need to pay eth to support the application. Like other digital currencies, ether currency can be bought and sold on the trading platform

4. All virtual digital cryptocurrencies, like bitcoin, have consensus algorithms, but not all consensus algorithms are realized by mining. Lightcoin was obtained by mining. The security of the algorithm is still very high, but the security of the storage is related to the storage mode. The security of the cold wallet is the highest, followed by the hot wallet. The security of the platform, the exchange and the like wallet is general, and the difference is very big.

5. According to the current currency distribution,
the first is bitcoin,
the second is Leyte, and
the third is dogcoin

from the perspective of algorithm advanced,
the oldest is bitcoin graphics card algorithm.
then there are the CPU algorithms of Leyte coin and doggy coin
the latest popular algorithm is the X11 algorithm of the black coin, which is developing rapidly

from the perspective of currency adopted by big trading platforms
bitcoin China, okcoin, fire coin, coin deposit, bitcoin trading network, China bitcoin. Without exception, bitcoin and lettercoin are used

from the analysis of this situation, although bitcoin is old, it has a lot of platform and application support, and has advantages in the short term
the algorithms of Leyte coin and doggy coin are also relatively backward, and it is estimated that they will not last for a year
the development of new algorithmic currencies, such as black money, is a matter of time, but the application expansion is too little, and it will take a long time to really develop
but we are definitely not talking about dark currency. In fact, all currencies except bitcoin are improved on the basis of bitcoin source code, not reformed, so it is inevitable that they will be eliminated
we are looking forward to a new currency and a revolutionary currency!

6.

1. Q coin

Q coin, referred to as QB, also known as QQ coin, Tencent Q coin, etc. Usually its exchange rate is 1q currency = 1 RMB, with Tencent paipai net transactions are generally 10% off

QB is a virtual currency launched by Tencent, which can be used to pay for QQ bank number, QQ member service and other services. Tencent q-coin, through the purchase of QQ card, telephone recharge, bank card recharge, network recharge, mobile phone recharge card, one card recharge card and other ways to obtain

The face value of QQ card is 10 yuan, 15 yuan, 30 yuan, 60 yuan, 100 yuan and 200 yuan respectively

there is another kind of electronic cryptocurrency, qqcoin, which is not related to each other

2. Litecoin

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

3, infinite coin

infinite coin (hereinafter referred to as IFC) is a new digital currency, which has more circulation advantages than bitcoin, and fills the short board of bitcoin in the field of commercial circulation and promoting commercial operation. The positioning of unlimited money is to serve the daily life of small transaction payment

one transaction of infinite coin needs three confirmations, each confirmation takes three seconds, and the transaction confirmation speed is very fast. Because bitcoin transaction needs 6 confirmations, which takes about 1 hour, and lightcoin transaction takes 15 minutes, infinite coin is used in daily common transactions, which is more practical

infinite coin was released on June 5, 2013. Based on scrypt POW algorithm. A block is generated in 30 seconds. In the initial block, there are 524288 infinite coins in each block. After that, for every 86400 blocks generated, the number of coins in the block is halved, with a total of 90.6 billion. The difficulty of mining is adjusted every hour

Quark coin is not the currency in real life, it exists safely in the computer of global network

quark network is protected by six most advanced encryption algorithms to ensure that it can become a digital ledger. The whole network uses each of the six functions to generate a proof of work, and the coin maker must "verify" these transactions to ensure that each coin increase is real and effective

only regular computer can participate in ensuring that it can maintain a highly secure peer-to-peer network, which makes it more decentralized

quark coins can only be g up through the CPU of regular computers. In the first 36 weeks, a total of 247605120 quark coins will be g out. Since March 30, 2014, the annual quark coins set at 1050000 can enter the market through "digging", and the block reward will never be less than one, which is currently two

Zetacoin is an open-source digital currency based on SHA-256 algorithm. The initial coin mining is 160 million coins, and the subsequent annual inflation is a better incentive, To keep the hash of the network is not pure transaction cost

The total number of

zetacoin is 160 million, 1000 zets per block and half of 80640 zets per block

7. Not only is the trend of lightcoin similar to that of bitcoin, but the trends of Ruitai coin, dogcoin, Ethereum and bitcoin are very similar
however, the relationship between lightcoin and bitcoin is closer. Lightcoin is known as a substitute for bitcoin and a supplement to bitcoin.

8. Now there are about 500 kinds of virtual currencies in the world, such as Wright's coin, Waley's coin, dog's coin, black coin and dark coin, which are so-called counterfeit currency or competitive currency. Most of them are based on bitcoin like algorithm, some of them are slightly adjusted, and generally speaking, they are not innovative. In the process of mutual competition and elimination, one or two or even several of these virtual currencies may rise to become the second virtual currency. But in terms of public acceptance and total currency value, bitcoin is still hard to be expected. After all, bitcoin is the originator of virtual currency. Everything else is a replica, just like the relationship between Coca Cola and Pepsi Cola, very cola and so on. Therefore, the author thinks that in the current framework of several algorithms, the probability of competitive currency replacing bitcoin is very small

9. It means the ability of data processing, which is a very powerful and important soft power

it means that the country can have greater data throughput and faster processing speed, and can carry out more intelligent data calculation and fusion, which also provides greater development space for AI

computing power is the future.

10. It should be the most famous bitcoin browser. According to the current browser standard, it has basic functions: search by block, transaction or address, safe and reliable, beautiful interface. You can also view wealth statistics related to bitcoin activity in the past 24 hours. Xuanling blockchain has also been developed.