Bitcoin and legal currency are cheap
It is based on bitcoin protocol, but different from bitcoin, even at the present stage, it can "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 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 official website of litecoin official forum of litecoin China community
Because the valuation of total assets of the platform is converted according to the fixed proportion of 1 usdt = 7 CNY, which is only used as the reference value of account assets, not according to the actual purchase price
the price of legal currency trading digital currency changes with the market fluctuation, and the actual payment amount = the number of digital currency * market price. Therefore, although the total asset valuation of the account is inconsistent with the actual amount, the number of digital currency assets is fixed and will not decrease
extended materials:
background of the reform of the legal currency:
in the process of the reform of the legal currency in China, Britain and the United States fought for their own interests, and the results of the struggle played a positive role in the reform of the legal currency. However, Japan hopes that China will always be poor and backward. It opposes any innovation measures of China and holds a destructive and hostile attitude towards the policy of legal currency from beginning to end
On the eve of the currency reform, Japan pushed the waves in the silver storm, and tried to destroy China's financial and monetary system by all kinds of despicable means. At the same time, Japan tried to fight and pull against the Nanjing National Government, and adopted the two-sided policy of "China Japan support" and "separation of force", in an attempt to exclude the British and American forces in China, so as to complete the war against China, The first is the economic control and occupation of North Chinato
business), also known as B2B, is the marketing relationship between enterprises, which tends to be mature and mainly develops online sales activities with the help of Internet. In recent years, B2B has been developing rapidly. BTC (business to customer) is also called B2C, which means "online to offline".