New mining machine source code

1.

According to the current difficulty calculation, we can dig about 1.012 Laite coins a day. This is the average calculation result in the mine pool. If there is an efficient mine pool or solo, maybe more

litecoin (abbreviated as 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

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

design purpose

it is based on bitcoin protocol, but it is different from bitcoin in that 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

related website community

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official website of litecoin

official forum of litecoin

lightcoin China community

transactions

a peer-to-peer network similar to bitcoin handles lightcoin transactions, balances, and issues through a script workload proof scheme (when a sufficiently small hash value is found, the, A block will be created, and the lightcoin will be issued. The process of discovering the hash value and creating the block is called "mining"). The issuing rate of Leyte coins is reced by half every four years (every 840000 pieces) according to the proportional sequence, and finally the total number of LTCs is 84 million. Unlike bitcoin, the memory intensive feature of script makes it more suitable for "mining" with graphics processor (GPU). FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are more expensive than sha256 used for bitcoin

currently, lightcoin can exchange legal tender and bitcoin, most of which are through online trading platforms. Revocable transactions (such as credit card transactions) are generally not used to purchase Leyte, because Leyte transactions are irreversible, which brings the risk of refund. As of April 25, 2013, a Leyte is worth about $3.97 or 0.028 bitcoin. This makes Leyte the second largest electronic currency with a market value of about $35 million

client

litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like

the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code

mine pool

the lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine burst" is calculated, the system will reward 50 lightcoins at one time. At present, the computing power of lightcoin is growing rapidly, and the miner can't find the mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher

at present, the well-known mine pools include BTCC (original bitcoin China) mine pool, waltc.net fish pool (f2pool), wemineltc, coinotron, silverfish, liteguardian, litecoin pool.org, etc. But at present, the highest income is f2pool. Recently, it launched lightcoin theory income + 10% of mine pool subsidy = your actual income, which has attracted the attention of many miners and the instry

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lightcoin

LTC

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litecoin / org

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script

data block chain

litecoin block chain, compared with its competitor bitcoin, can handle larger transaction volume. Due to the more frequent generation of data blocks, the network can support more transactions without modifying the software in the future
as a result, businesses can obtain faster transaction confirmation, and they can still wait for more transaction confirmation when they sell large value procts

In fact, digital virtual currency is far from the above. Forbes magazine listed the top 30 virtual currencies in the market by their total market value and price as of 10:00 a.m. local time on the 27th. Caijing.com and venture capital Post said that there are at least 60 kinds of virtual currencies currently traded According to the Forbes report, bitcoin ranked first in market value and unit price. It was the lightcoin designed by Li Qiwei, a former Google programmer, that won "erlianya". In the past week up to the 27th, the price of lightcoin rose rapidly from $6 to $26, a considerable increase. The third to fifth place in the total market value are spot money, nominal money and prime money. The report counted the 24-hour gains as of the 27th. Almost all of the 30 currencies rose, with the biggest increase of the quark currency, reaching 278.55%. The report also said that almost all virtual currencies have taken a ride in the current round of bitcoin's rise, but most of them have poor business, with 8 companies with a total market value of less than $1 million and 19 companies with a unit price of less than $1

2. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: November 30, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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3. What is GEC model? Cloud mining machine

as a platform with the highest currency price in cloud mining machine project, GEC has been imitated all the time<

10 RMB miner digs 11 RMB in 30 days

100 RMB miner digs 120 RMB in 30 days

1000 RMB miner digs 1300 RMB in 30 days

10000 RMB miner digs 14000 RMB in 30 days

in fact, this is a static income. With the currency price unchanged, your interest rate in one month is between 10% and 40%, which can be increased dozens of times in one year after re investment. In addition, the currency price promised by the platform will always increase steadily, One year's income is estimated to be hundreds of times, who is not interested

in order to quickly develop to members, all cloud mining machine projects are registered to proce 11 yuan per month. Because there is no money in the early opening market, people who want to invest can not receive money, so they can only continuously raise the price of money. One month later, a large number of sheep and wool parties began to sell goods, and investors wanted to buy at a low price, resulting in the continuous decline of money price,, The more severe the drop, the more people sell. Until all platforms sell at a low price, no one dares to continue to close. This is why most platforms die within two months. Even after barely spending the first two months, there are still a large number of new users registering every day. Every new user means 11 more free coins. The increase of wool coins will make it difficult for the price of coins to rise

GEC and eco have lived a long time since last year. I'm not advertising for them here, but I don't recommend you to play, because they are basically taking orders

in March this year, a lot of crowdfunding cloud mining machine projects were launched. It can be said that all of them were dead, and they couldn't survive for a week. It was a complete scam. They are all under the guise of crowdfunding 3 points and opening 1 yuan. After all, it costs a lot to buy coins from other users, and the proceres are complicated. If you buy tens of thousands of coins directly from the platform, the cost is low and the profit is large. In the case of too few user groups, a large number of coins appear, which will only break and will not grow. In addition, platform crowdfunding makes a lot of money, and they don't pay attention to the development of the platform. They just think about how to get away from it. Many crowdfunding platforms close their websites and disband their groups after crowdfunding

everyone can build such a website. If you can program, you may only need to spend less than 1000 yuan to buy a set of source code on Taobao. Revise it yourself

if the programming is blank, you need to spend about 2W RMB to buy a full set of templates and services< As like as two peas as like as two peas as like as two peas, Br />
this is why all cloud mine machine models are exactly the same, the frames are exactly the same, what the contents are exactly the same, even the mine machine icons have their own logo. Such a platform is not a blockchain project at all. The amount of money is controlled by the platform itself. To make money on the platform, it is to sell money to investors secretly. Many people have changed from investors to fleecers just because they know the trick

the so-called trading platform is just a joke. A currency that doesn't even have a digital wallet, and a currency that can change the quantity at will, which exchange will accept it

what is your personal thinking? Making a sum is a sum. You can't think for a long time, and you can't add new functions to the platform. Therefore, I personally suggest that you should be careful when investing in this cloud mining platform, especially if it doesn't run smoothly. Even a better server is reluctant to invest. How can we develop this platform with our heart

If a platform wants to develop for a long time, it is not the same layer. It needs to be adjusted according to the development situation in different periods. The most important thing is to have actual application scenarios. No matter bitcoin or these air coins are supported by actual application scenarios, they will graally disappear with the passage of time.

4. The model proposed by Nakamoto is based on ideal assumptions. Of course, many academic models are like this. When they are tested in reality, they often encounter various practical challenges. I haven't read Nakamoto's paper in detail, but speculation should not be considered.

5. These two are not the same thing... One is mining, the other is trading. Source code development is not to apply any template, and the code is to knock out a program bit by bit, with higher security, which is equivalent to originality