Lightcoin digging in 2018
in addition, there are Ruibo coin, Ruitai coin, vitality coin, dog coin and other excellent counterfeit coins.
mining is a nickname for the exploration method of acquiring bitcoin. Because of its working principle is very similar to mining minerals, so named. In addition, bitcoin explorers who do mining work are also known as miners
bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system
bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes
then the bitcoin network will generate a certain amount of bitcoin as a reward to reward the person who gets the answer
extended data:
to be a miner, just "mine" bitcoin and search for 64 bit numbers by computer. By repeatedly decrypting with a computer, it competes with other gold miners to provide the number needed for the bitcoin network
if the computer can successfully create a set of numbers, it will get 25 bitcoins. Bitcoin is decentralized. It needs to create a fixed number of bitcoins per unit of computing time. It can get 25 bitcoins every 10 minutes
by 2140, the upper limit of bitcoin in circulation will reach 21 million. In other words, bitcoin system can be self-sufficient, which can be translated into coding to resist inflation and prevent others from sabotaging< br />
The monthly output is about 1.299 leytes, as follows:

the purpose of lightcoin is to improve bitcoin, so it has many similarities with bitcoin. In the instry, there is a saying of "bitcoin, lightcoin silver". Compared with bitcoin, the total amount of lightcoin is larger and the confirmation speed is faster
the total number of litecoin is four times that of bitcoin, 84 million; Its proction halved in four years, just like bitcoin; Its consensus mechanism is the same as bitcoin's workload proof mechanism (POW); Its block time is 2.5 minutes, a quarter of that of bitcoin, and it packs a block every 2.5 minutes; The earliest block reward of Laite coin is 50 Laite coins. Up to now (January 2018), Laite coin block reward is 25 Laite coins, with a circulation of about 54 million.
Now there are nearly 2000 kinds of cryptocurrencies in the world. Although it is useless to recognize all of them, we still need to know a little about the mainstream currencies in the world. Besides bitcoin, what is the mainstream cryptocurrency? At present, Ethernet is the second largest mainstream cryptocurrency after bitcoin. Ethereum is the name of currency used in Ethereum, which is also the abbreviation of blockchain 2.0 in Ethereum. In Ethereum virtual machine, Ethereum is used to pay the calculation fee. Through blockchain technology, everyone can build and use decentralized applications on the platform, which is the most widely used currency at present
bitcoin cash is a hard forked blockchain of bitcoin and forms a competitive relationship with bitcoin. Bitcoin cash is the best developed bitcoin fork currency. Many people think that it is a stock with only potential, and even can replace bitcoin. However, opponents believe that bitcoin cash is entirely in the interests of miners. Although the block size has been increased by 8 times, the isolated witness that will rece the mining income has been abandoned. Although changing the size of buildings can solve the congestion problem, many people think that it is a temporary solution rather than a permanent solution, which is of little significance to the development of blockchain technology
EOS is a blockchain architecture platform similar to the operating system developed by Daniel Larimer. This project aims to create a blockchain underlying platform with strong performance and low development threshold, just like Microsoft's windows. EOS even surpasses Ethereum's intelligent contract. The transaction speed is extremely fast. It can support millions of transactions per second, making Ethereum unable to catch up. EOS doesn't need to be mined, and adopts a more decentralized POS method. Many people think that EOS will be the star of tomorrow
response time: December 15, 2020. Please refer to the official website of Ping An Bank for the latest business changes
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