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Lightcoin 2012

Publish: 2021-03-26 00:12:31
1. The total number of lightcoin is three times that of bitcoin. The total number of bitcoin is 21 million, and the total number of lightcoin is 84 million

it is based on bitcoin protocol, but different from bitcoin, it can also "mine" efficiently 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 machine mining bitcoin. As the application specific integrated circuit (ASIC) designed for bitcoin mining (Avalon proced the world's first ASIC bitcoin miner in 2012) graally emerged, litecoin also followed 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. But in fact, under the expulsion of interests, there has been an ASIC miner with scrypt algorithm, and the competition has become white hot. Many people claim that the recent decline of Leyte coin has something to do with the manufacturers of Leyte coin miner

similarly, at present, the competition among bitcoin mining machine manufacturers is still fierce. Since Avalon proced the world's first ASIC bitcoin miner, so far, it has upgraded three generations of miner chips, and the fourth generation of 28nm miner will come out soon.
2. Bitcoin has gone through the following stages in China:

from 2010 to the beginning of 2012, few people knew about it, only some game players and geeks were playing it, and the number of domestic players began to increase in the second half of 2012. At that time, it was still the era of pyrograph card mining. At the beginning of 2013, the ASIC miner was born. Avalon delivered the world's first ASIC miner, and roasted cat issued the power stock

in April 2013, Avalon gave up the sales of the whole miner and opened up all miner design solutions except chip accidents. For a time, miner manufacturers emerged like spring training after rain

since August 2013, the positive reports of bitcoin in domestic media have been increasing, and the number of people who pay attention to bitcoin has also increased rapidly. The network index once reached more than 300000, and the price of bitcoin has been rising to about 8000 yuan. However, after the announcement of the central bank in December, the price of bitcoin began to fall all the way

in 2014, Avalon project developed a "variable computing power cluster system", and the price of bitcoin rose slowly in twists and turns.
3. virtual currency refers to non real currency. Well known virtual currency, such as network company's network currency, Tencent company's Q currency, Q point, Shanda company's voucher; The popular digital currencies in 2013 include bitcoin, Leyte coin, Fuyuan coin, doggy coin and so on
network virtual currency can be roughly divided into

the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Fuyuan coin (FTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.
4. The total number of lightcoin is three times that of bitcoin. The total number of bitcoin is 21 million, and the total number of lightcoin is 84 million

It is based on bitcoin protocol, but different from bitcoin, it can also "mine" efficiently through consumer hardware. The litecain network is expected to proce 84 million currency units

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