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Lightcoin market in 2013

Publish: 2021-05-24 12:12:24
1. Lightcoin, foreign name is litecoin, referred to as LTC. In fact, this is another kind of virtual digital currency after the emergence of bitcoin. Lightcoin is a kind of "peer-to-peer" internet currency, which can help users pay to anyone in the world

in technology, lightcoin has almost the same implementation principle as bitcoin. It is based on an open source encryption protocol in the process of creation and transfer. Like bitcoin, lightcoin is also not managed by the central authorities

as we all know, bitcoin is proced through mining machine. The Leyte coin is also proced by "mining". In the whole mining process of Leyte coin, the computer graphics card will carry out the relevant hash operation. When our "miner" calculates the "burst value", you can get 50 Leyte coins. However, with the continuous growth of the computing power of Wright coin, it is not possible to use a few "mining machines" to dig Wright coin. Therefore, it can only be added to the "ore pool", so that all the calculation power can be collected, and the "ore burst value" can be calculated more easily

the expected total number of online currencies for lightcoin is 84 million, which is four times the amount of online currencies issued by bitcoin. We can use Leyte currency to exchange legal currency and bitcoin. In general, it is through online trading platform. Since the transaction of Leyte coin is irreversible, the revocable transaction cannot be carried out, because it will bring the risk of refund.
2.

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

3.

After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price

on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term

in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point

the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher

this article is for reference only

to learn more about blockchain and currency market information, you can pay attention to microblog @ blockchain coin sea, or go to the website: coin sea departure https://www.bihai123.com.cn/news

4. Lightcoin is a kind of digital virtual currency, which is similar to but different from bitcoin. These virtual digital currencies are calculated by mathematical algorithm program to get a series of numbers and letters. In order to understand the market of Leyte currency, we need to go to the professional Leyte currency trading platform for detailed and further understanding. At present, the domestic Leyte currency trading platform is more professional and formal

http://tieba..com/safecheck/index?url=x+Z5mMbGPAsY/M/Q/ +0F9cuoglZ0mWgPSsR2lbVfu3pr+xI3k4IPor+8Mx4Aubb13aBkT/9itqayQJ2Pah4egTNMg==
5. It's only the end of August now, and there will be several days in September. The market of Leyte currency in September can only be predicted, and the prediction is generally not very accurate

looking at the past performance of Leyte coin, if there is no major good news or the entry of related MLM funds, the market of Leyte coin in September will be very stable. Of course, if there is a large-scale hot money into, will also pull up the price of Leyte coin. But it's only a short time. If there is a big village or a big miner selling, the price of Leyte coin will also drop significantly.
6. It's about 6 yuan. At that time, I don't know why the price of bitcoin plummeted. Lightcoin fell below 10 yuan, bitcoin fell below 1000 yuan, probably in April

since the 12.5 announcement at the end of 2013, bitcoin has entered a long-term downturn, especially the 5.4 incident, which is a very big turning point. However, at present, e to the transfer of some funds from the stock market into the bitcoin market, the prices of bitcoin and lightcoin have recovered to a certain extent

there are risks in investment, so you should be cautious in purchasing currency!
7.

The price trend chart of Leyte currency is basically consistent with that of bitcoin and Ruitai currency, as follows:

8. Up to 380. In December 2013. The strongest rebound in 2014 was from 40 to 188
litecoin (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.
9. Lightcoin is an innovation of bitcoin and an experimental proct of bitcoin, which is known as the supplement and substitute of bitcoin. The slogan is "bitkin, lightsilver!" But in fact, the test proct of bitcoin like lightcoin failed, and there was not much innovation

bitcoin is a big experiment of socialization, which has gained wide attention in China since October 2013, especially a large number of reports from domestic media. CCTV media has also reported bitcoin positively for many times, which leads to people's wrong tone towards bitcoin. In addition, the US held an optimistic attitude towards bitcoin in the November hearing, The price of bitcoin was less than 1000 yuan, and it soared to 8000 yuan in less than two months. With the rise of the price of bitcoin, some counterfeit bitcoins are also rising, and lightcoin is one of the representatives.
10. Lightcoin market can generally be viewed on the website of digital currency market. You can download the software to view it at any time. However, the price fluctuation of the currency market will be slightly larger, so you should pay attention to risk prevention, and do not actively pursue orders when the market goes up or down. You should leave when it is time to leave.
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