Lightcoin information network
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< better use of digital currency trading platform coin exchange
data expansion:
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
It is not recommended to invest in lightcoin. Now lightcoin is generally not optimistic in the instry. Although lightcoin is known as the test proct of bitcoin, it fails. No innovation. Once claimed not to adapt to ASIC mining machine, but finally became a joke. Li Feng, the ancestor of Laite coin ASIC mining machine, said frankly that no currency is not suitable for ASIC mining machine. Since the announcement of the central bank in 2013, like bitcoin, lightcoin has been in a long-term downturn< br />
in addition to lightcoin, there are bitcoin, Ruitai coin, dogcoin, Ruibo coin, ether coin and other digital currencies.
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.
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!
Bengbu long distance Bus Center Station Lixin 5:40 to 15:45 every 45 minutes a medium-sized high class 35 Mengcheng
bus line: 207 road down, the whole journey is about 12.7 km
1. Walk about 2.1 km from Bengbu South Railway Station to qiyansi station
2. Take 207 road down, after 15 stops, Reach Jiefang No.1 bus stop
3. Walk about 520 meters to Bengbu long distance bus center station