How long can the newly developed virtual currency last

1.

According to Beijing time on October 24, Jeff garzik is one of the few key developers of bitcoin's underlying software, so he knows the shortcomings of bitcoin's blockchain at his fingertips. So he decided to create a better digital currency

he named the currency metronome and said it would be the first virtual currency to be used on different blockchains

this mobility means that if a blockchain dies e to developers' infighting or no one is using it, metronome users can transfer their money to other places. Kajik said that would help metronome maintain its valuation and ensure its long-term survival. In order to create metronome, kajik founded the start-up company bloq. Metronome will be officially launched at the money 20 / 20 conference in Las Vegas on Tuesday, he said

metronome will be generated and supported by automatic distributed software, which is neither controlled nor changed by anyone. The software will start auctioning metronome currency in December and will retain and use the proceeds from the auction to drive the price of the currency. The rest of the project will be open source, so anyone can develop applications for metronome

bloq will provide developer tools for enterprise users. Of the 10 million metronome coins to be auctioned in December, bloq and other organizations that help create and promote metronome will keep 2 million of them. Every 24 hours, 2880 new metronome coins are born

metronome avoids problems that users often encounter when they want to transfer from one blockchain to another. That is, users must sell one cryptocurrency they own and then buy another. This creates transaction costs and may lose the potential appreciation of the currency sold. With metronome, none of this is a problem

when users want to transfer metronome to another blockchain, they will get a digital receipt. They can then send the receipt to another blockchain and add metronome to that blockchain

2.

Virtual currency as a new era of currency, the future development prospects are still very good, Zhihu of course can develop their own virtual currency

based on the above, I would like to advise you:

1. If you don't believe in virtual currency, you must not participate in it. For you, it is pyramid selling

2. Don't trust any trading platform, no matter whether the founder of the trading platform is on CCTV (there are many cheaters on CCTV), or take a picture with the national leaders, and save the money when you buy it. Back up your wallet. Don't be afraid of trouble

3. Don't inlge in short-term business. Your heart can't stand it. Staring at the price up and down every day, you will go crazy one day, just like speculating in stocks. There are few short-term businesses to make money, and they are not as good as stocks. Stocks are protected by national laws, so it's hard to say money

4. If you really want to earn money from virtual currency, choose some cheap virtual currency that you think is more reliable (the value of each virtual currency is less than 10 cents). If it's too expensive, don't buy it. Each virtual currency with a value of less than 100 yuan is a long-term investment, which is called angel investment. What does Ma Yun say: in case it develops

5. It's also good to choose a few free virtual coins for mining. It's also good to dig a few cents every day and accumulate every day

3. In addition to bitcoin, there are many other virtual currencies in the virtual world< Liteoin (LTC) was released on October 7, 2011, and is currently the most valuable counterfeit currency, accounting for about 2% of BTC's market value. The current unit price is US $2.31, with a total currency value of US $38 million

this is also a distributed (decentralized) digital currency. Unlike the sha256 mining algorithm used by bitcoin, LTC adopts scrypt algorithm. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory. Each hash is used as the seed of the input, and then it needs a lot of memory to store another pseudo-random sequence to generate the pseudo-random points of the sequence and output the hash value. In the mining of BTC (bitcoin), it is not enough to rely on simple graphics card mining (it takes about ten to dozens of days to dig a BTC with general configuration graphics card). The emergence of various expensive mining machines has raised the threshold for ordinary people to get BTC through mining, while LTC has certain advantages in using PC graphics card mining This passage comes from Zhihu.)

compared with BTC, litecain has made a little improvement in technology. If BTC is gold now, LTC is silver for the time being

the biggest advantage of litecoin is that it can confirm the authenticity faster. The virtual currency is designed and maintained by Charles Lee. Bitcoin transactions need to be verified, and the average verification time is more than 10 minutes. Most transaction websites need 1 hour to verify. The average transaction confirmation time of liteoin is 2.5 minutes. Developers claim that shortening the verification time increases the practicability of virtual currency. The bitcoin mining efficiency of customized machine and AMD GPU is the highest, making it almost unprofitable for miners using CPU mining. Litecain's mining excludes GPUs and custom processors, so it doesn't rely too much on a small number of professional miners

ppcoin

ppcoin (PPC) was released on August 19, 2012, which has improved the original technology of BTC. Use proof of make and add the concept of coin age

ppcoin is a bifurcated project of bitcoin, which aims to achieve energy efficiency and maintain the best performance of the original bitcoin as far as possible. The unit price of ppcoin is US $0.22 and the total currency value is US $4 million

ppcoin does not have a fixed upper limit of money supply, but it does not mean that ppcoin has obvious inflation compared with bitcoin. Bitcoin can be compared to gold. The annual inflation rate of gold is about 1-3%. Although gold has no known upper limit of money supply, we still know that it is a reliable scarce commodity

ppcoin has two types of casting: work certificate and equity certificate. The coinage rate of working proof is affected by Moore's law, which depends on the doubling of our working proof ability. What we all know is that Moore's law will eventually come to an end. By then, the ppcoin of inflation may be close to the gold level. The annual maximum inflation rate of certificate of equity is 1%. At the same time, ppcoin's transaction costs were destroyed to fight inflation. So on the whole, the coin design of ppcoin is still a very low inflation design in the future, which can be comparable with bitcoin<

ppcoin's reward is similar to lottery, which will determine the winning probability according to the number of ppcoin held by miners. Sunny king, one of the founders, said that their design is based on a new concept of long-term energy efficiency

terracoin

terracoin (TRC) was released on October 26, 2012, with a total currency of 42 million. The speed of each block is 2 minutes, slightly faster than LTC. There is not much special in technology, similar to the proction of BTC halved every four years

however, the operation team seems to have a strong business background and may be better than other bitcoins in circulation. The development of virtual currency is getting more and more attention. Now some teams with business background will accelerate the development of virtual currency

namecoin

namecoin is a distributed domain name system based on bitcoin technology. Its principle is the same as bitcoin. The first release date of this open source software is April 18, 2011

namecoin is generated from an original block which is different from bitcoin's main trading block. It uses a new blockchain, which is independent of bitcoin's blockchain. Because it is based on bitcoin, the security, distribution, robustness, encryption and migration of domain names are guaranteed mathematically. You can dig bitcoin and namecoin at the same time

this project was discussed and proposed by bitdns, which is mainly dissatisfied with the defects of DNS. The only top-level domain name of namecoin is. Bit. It costs namecoin to register a. Bit domain name

in addition, Q currency, Shanda currency, starting point currency and various online game currencies are also virtual currencies.

4. What I think of is the fastest day I've ever seen. The ordinary capital disk is the longest, but it's only one year. I've been working on capital flow for more than three years

5. This devil knows, but now is not broken, in fact, everything has a bubble, in fact, you should not be concerned about how long the bubble can hold, but should pay attention to whether you can seize the opportunity.

6. The use of bitcoin is generally related to the quality of mining machines and the growth of computing power of the whole network. Of course, it is also closely related to the electricity price

generally, the service life of mining machines is the whole network, and the relationship between computing power growth is the biggest, because the updating speed of mining machines is amazing. If you can't keep up with the cutting edge of the times, it's very difficult to make profits by using the old mining machines. Naturally, this kind of mining machine will be eliminated, short days, long months, but the general mining machines are rarely used for a year

of course, if the quality of the miner is OK, it will be OK to use it for one or two years

if your electricity price is low or free, then your mining machine will have a long service life, because a large amount of mining consumption is electricity

of course, it is only related to the price of currency. If the price of currency is high and profitable, the life of mining machinery will be delayed, and if the price of currency remains low, the mining machinery will be eliminated quickly.

7. If it can only be traded on a single trading platform, or if there is no trading platform, the opening of Shanzhai coin can be postponed, because the opening time can be decided by the platform itself. However, bitcoin, Ruitai coin, Laite coin and Weimeng coin, which have been open for a long time, generally do not delay the opening.

8.

One month's video card 200m speed is 50 yuan
the speed of G is mining machine, and two months' return cost
bit is virtual currency, but when foreign speculation spreads to China, there must be wallet

mining software and applied mine pool

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9. There are too many virtual currencies newly developed in 2015, and Fuyuan is the most innovative one

Fuyuan coin, formerly known as fortune coin, is a new decentralized digital encryption virtual currency. Fuyuan coin will be used in all enterprises of the global jewelry Association in the future, mainly through the digital currency into points, to create a decentralized business circle, to promote business cooperation and expand business scope. At present, some large financial, trade, energy and other traditional enterprises at home and abroad are trying to develop this new business model.