INTC and bitcoin
Publish: 2021-04-27 11:22:37
1. On October 7, 2011, a network organization announced the release of a new P2P virtual currency, called lightcoin (LTC)
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
2. If bitcoin and Ethernet have different rules, do they have different ways of trading and investment
for a long time, Ethernet has been regarded as a strong competitor of bitcoin. It wasn't until Andreas antonopoulos claimed that Ethernet was no longer a competitor of bitcoin, which triggered a heated discussion on social networks
people begin to compare the two and discuss the differences in investment and transaction between the two digital currencies< According to Chris burniske, analyst and blockchain proct director of ark investment management company, bitcoin is more used for hedging, while Ethereum, which relies on Ethereum to execute smart contracts, is more seen as a trading tool
bitcoin and Ethereum systems are built on the basis of blockchain, in which transactions will be recorded publicly, making currency and asset transactions more convenient and preferential, eliminating the cumbersome middleman
in December 2015, the price of Ethernet currency was less than US $1, but now it has risen to US $15, nearly 15 times in just six months. This achievement is attributed to Ethereum, whose financial contracts are completely executed by software, which has attracted a large number of users to invest
with the previous example of Ethereum, the success of Dao (decentralized autonomous organization) is nothing to make a fuss about. The crowdfunding platform supported by Ethereum raised nearly $150 million from more than 10000 anonymous users. Each participant is given the right to vote, they can allocate funds, choose projects, once the investment project is successful, they can also get a certain degree of dividend reward< At present, there are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment. Unlike bitcoin, Ethereum has not yet emerged in the field of electronic payment. At present, the main purpose of Ethereum is to support Ethereum network (such as Dao) to run programs<
David ccini, executive director of the strength in numbers foundation, said:
users have different expectations for Ethernet and bitcoin. Both cryptocurrencies can be used for speculation, but the original function of Ethernet currency is to support the operation of applications. Therefore, users need enough Ethernet coins to run their own app. This is also the problem faced by Dao - unless Dao can continuously generate new Ethernet coins, the payment platform will be in danger of outage.
for a long time, Ethernet has been regarded as a strong competitor of bitcoin. It wasn't until Andreas antonopoulos claimed that Ethernet was no longer a competitor of bitcoin, which triggered a heated discussion on social networks
people begin to compare the two and discuss the differences in investment and transaction between the two digital currencies< According to Chris burniske, analyst and blockchain proct director of ark investment management company, bitcoin is more used for hedging, while Ethereum, which relies on Ethereum to execute smart contracts, is more seen as a trading tool
bitcoin and Ethereum systems are built on the basis of blockchain, in which transactions will be recorded publicly, making currency and asset transactions more convenient and preferential, eliminating the cumbersome middleman
in December 2015, the price of Ethernet currency was less than US $1, but now it has risen to US $15, nearly 15 times in just six months. This achievement is attributed to Ethereum, whose financial contracts are completely executed by software, which has attracted a large number of users to invest
with the previous example of Ethereum, the success of Dao (decentralized autonomous organization) is nothing to make a fuss about. The crowdfunding platform supported by Ethereum raised nearly $150 million from more than 10000 anonymous users. Each participant is given the right to vote, they can allocate funds, choose projects, once the investment project is successful, they can also get a certain degree of dividend reward< At present, there are 670 bitcoin ATMs in the world, and thousands of outlets support bitcoin payment. Unlike bitcoin, Ethereum has not yet emerged in the field of electronic payment. At present, the main purpose of Ethereum is to support Ethereum network (such as Dao) to run programs<
David ccini, executive director of the strength in numbers foundation, said:
users have different expectations for Ethernet and bitcoin. Both cryptocurrencies can be used for speculation, but the original function of Ethernet currency is to support the operation of applications. Therefore, users need enough Ethernet coins to run their own app. This is also the problem faced by Dao - unless Dao can continuously generate new Ethernet coins, the payment platform will be in danger of outage.
3. Bitcoin (bitcoin: bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan.
4. Register users on bitcoin trading website and buy and sell through account.
5. Buying bitcoin is pure speculation. If you look at the quasi market, it's good to buy bitcoin, because it's volatile. As long as you buy at the low point and sell at the high point, it's profitable
however, if you are not sure, the loss will be huge
when buying stocks, it can be speculation or investment. Most speculators lose money, while most investors make money.
however, if you are not sure, the loss will be huge
when buying stocks, it can be speculation or investment. Most speculators lose money, while most investors make money.
6. The underlying technology of bitcoin is blockchain technology. Anycoin should be used for mining machinery leasing, but it has not been inspected. Be careful. If you want to invest, it's better to invest in valuable blockchain projects. Bitcoin has risen a lot recently. It may be too late to start now. Take a look at the SEC social e-commerce chain, which is a public blockchain project based on trust relationship to promote the socialization and decentralization of e-commerce. It aims to solve the problem of trust transmission mechanism between people about specific goods. I think there is a great opportunity for landing. Once landing, the value will be reflected in the currency price. I bought some and intend to hold them for a long time.
7. Bitcoin is a global general encrypted electronic currency, which is completely autonomous by users.
decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin security and freedom
world circulation
bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive rights
the private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
fixed number
the number of bitcoins issued is fixed, with a total of 21 million<
uncontrolled issuance
the generation of bitcoin is calculated by P2P network nodes (commonly known as mining). Its creation process does not have any human intervention, so it will not cause inflation and so on, and its value is very stable
transaction is convenient
bitcoin transaction is very convenient. Global P2P network nodes are responsible for the normal conct of bitcoin transactions all day. As long as there is a network, you can buy and sell bitcoin, and use bitcoin to buy any goods and services you want
low cost
different from traditional banks, the transfer transaction cost of bitcoin is very low. Each transaction only needs to pay 0.0001btc ~ 0.0005btc. These fees are used to encourage global bitcoin P2P network nodes to maintain bitcoin network.
decentralized
bitcoin is the first distributed virtual currency, and the whole network is composed of users without a central bank. Decentralization is the guarantee of bitcoin security and freedom
world circulation
bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin
exclusive rights
the private key is required to control bitcoin, which can be stored in any storage medium in isolation. No one can get it except the user himself
no hidden cost
as a means of payment from a to B, bitcoin has no cumbersome limit of quota and proceres. If you know the other party's bitcoin address, you can pay
fixed number
the number of bitcoins issued is fixed, with a total of 21 million<
uncontrolled issuance
the generation of bitcoin is calculated by P2P network nodes (commonly known as mining). Its creation process does not have any human intervention, so it will not cause inflation and so on, and its value is very stable
transaction is convenient
bitcoin transaction is very convenient. Global P2P network nodes are responsible for the normal conct of bitcoin transactions all day. As long as there is a network, you can buy and sell bitcoin, and use bitcoin to buy any goods and services you want
low cost
different from traditional banks, the transfer transaction cost of bitcoin is very low. Each transaction only needs to pay 0.0001btc ~ 0.0005btc. These fees are used to encourage global bitcoin P2P network nodes to maintain bitcoin network.
8. Never heard of this currency. However, it may be a kind of counterfeit money or a kind of pyramid selling money. I know that the mainstream Shanzhai currency trading platforms at home and abroad do not support this currency trading. Bitcoin is a small-scale large-scale experiment of socialization. It is the pioneer of cryptocurrency. All Shanzhai coins are innovations made by bitcoin and complements of bitcoin. It is suggested to stay away from these currencies, because there are many pyramid schemes under the guise of bitcoin. Bitcoin home has reported Porter's pyramid schemes
bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.
bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system.
9. Both loser coin and bitcoin are virtual currencies of P2P nature, which also have speculative value. There are also several trading platforms for trading. It is also up and down. As for whether there is a bitcoin like surge, it depends on how much attention the funds have. Yuan Bao coin, which is also a domestic coin, has risen more than 300 times in 28 days.
Hot content