Which country is it from
Publish: 2021-03-27 20:59:18
1. The birth of lightcoin can be traced back to 2011. At that time, shortly after bitcoin came out, some people found that bitcoin code could proce another digital currency with a little modification.
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. 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< What's the difference between lightcoin and bitcoin:
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
1. Transaction:
it's easier to use, larger in volume and greater in appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
4. Lightcoin is legal in China, but if you use lightcoin for illegal activities, it is illegal
bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view
most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.
bitcoin, lightcoin and other virtual cryptocurrencies are defined by the central bank as a kind of special Internet goods in China. Citizens can buy and sell freely at their own risk, which denies their monetary attribute. Central bank governor Zhou Xiaochuan once said that bitcoin is more like a tradable asset, similar to stamps. Since it's a commodity or asset, it's legal. Citizens' property is sacred and inviolable. Bitcoin house also published the full text of the joint notice on bitcoin risk issued by the central bank and other five ministries and commissions in 2013. You can see it from the emotional point of view
most of the major countries in the world also adopt a cold attitude towards bitcoin, because bitcoin may be used for money laundering, drug trading and other illegal activities.
5. Lightcoin was not developed in a certain country, but by a former programmer of Google<
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.
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.
6. In addition to bit, the others are not very popular. Most of them are recognized by developed countries. You want to take the lead in the e-currency war!
7. Of course, there are people in the United States who play bitcoin. After all, lightcoin was also invented by Chinese Americans, the younger brother of Li Qiyuan, President of bitcoin China. Cryptocurrencies such as bitcoin and lightcoin came from Europe and the United States. At first, those who played bitcoin were all European and American countries. However, it is commendable that the Chinese are relatively smart, and every upgrading of the mining instry is inseparable from China
for example, the bitcoin mining entered the ASIC era, thanks to Avalon and roast cat. Of course, the butterfly experiment in the United States also contributed, but the consistent ticket skipping style of the butterfly laboratory in the United States is despised. There is also the roast cat with the upgrading of technology is graally marginalized, at present only Avalon has been in the forefront of innovation. It's the same with Laite coin ASIC mining. The Chinese were the first to develop Laite coin ASIC mining chips, which broke the myth that ASIC chips can't be used in Laite coin mining.
for example, the bitcoin mining entered the ASIC era, thanks to Avalon and roast cat. Of course, the butterfly experiment in the United States also contributed, but the consistent ticket skipping style of the butterfly laboratory in the United States is despised. There is also the roast cat with the upgrading of technology is graally marginalized, at present only Avalon has been in the forefront of innovation. It's the same with Laite coin ASIC mining. The Chinese were the first to develop Laite coin ASIC mining chips, which broke the myth that ASIC chips can't be used in Laite coin mining.
8. Lettercoin is network currency
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.
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.
9. When the lightning network is deployed, you can directly work with bitcoin
10. Open Xunlei resources blog, there are all kinds of TV dramas, let alone Korean dramas, and the download speed is very fast. If you want to use Xunlei, just input the name of Korean dramas you want to watch in the search bar directly
the website of Xunlei resources blog is http://blog.xunlei.com/ Open it and it's OK
the website of Xunlei resources blog is http://blog.xunlei.com/ Open it and it's OK
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