Position: Home page » Ethereum » Lightcoin and grapefruit

Lightcoin and grapefruit

Publish: 2021-03-29 10:00:58
1. Similar to bitcoin, lightcoin is the most successful digital currency to imitate bitcoin
all three major domestic exchanges can trade: bitcoin China BTCC, bank okcoin and currency network Huobi. In addition to bitcoin, only lightcoin can trade in these three exchanges. It can be seen that lightcoin is comparable to bitcoin in terms of security and recognition

whether you can invest or not depends on the specific situation of the indivial. You can't give specific suggestions
there will be an important upgrade of Leyte soon, and the K-line chart shows that the current price is at a historical low

finally, I would like to remind you that many MLM teams now see the value of bitcoin and lettercoin, such as global circulation, anonymity, decentralization and so on. We must carefully distinguish between bitcoin and lettercoin in the name of MLM.
2. What is a Leyte coin? To put it simply, litecoin (LTC)
was released on October 7, 2011. It is currently the highest market value counterfeit coin, about 1% of BTC's market value, or US $1000W. Compared with BTC, LTC is faster, with an average of 2.5 minutes and 6 confirmations per block in 15 minutes. In addition, the number of LTCs is four times that of BTCs, with a total of 8400w. At present, LTC uses scrypt algorithm, which needs a lot of memory support. The professional mining machine on the market can not be used for LTC mining, only the graphics card
what is the difference between lightcoin and bitcoin
1. Transaction: easier to use, larger volume and greater appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:

special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
3. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
litecoin (abbreviated as LTC, currency symbol: Ł) 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.
4. Lightcoin aims to improve bitcoin. Compared with bitcoin, lightcoin has three advantages:
① lightcoin network can process a block every 2.5 minutes (instead of 10 minutes), so it can provide faster transaction confirmation
② lightcoin network is expected to proce 84 million lightcoins, which is about four times the circulation of bitcoin network
③ in its workload proof algorithm, lightcoin uses scrypt encryption algorithm first proposed by Colin Percival, which makes it easier to mine lightcoin on ordinary computer than bitcoin
lightcoin is the most successful digital currency to imitate bitcoin. At present, major platforms support lightcoin transactions, including 58coin. It can be seen that lightcoin is comparable to bitcoin in terms of security and recognition.
5. From the perspective of application, EOS has a wider range. XRP can only be used as an attribute of cryptocurrency, but EOS is an operating system. Theoretically, all dapps including cryptocurrency can be established on EOS
6. If you want to invest, you need to understand. Then make a decision

bitcoin is an e-money payment system based on the global network
bitcoin is an e-money system based on the global decentralized network system, without the participation of central banks and third-party institutions, with a fixed total amount. Bitcoin has the characteristics of payment system and currency at the same time. Global network nodes are maintaining the bitcoin network all day<

English: bitcoin currency symbol: abbreviation: BTC or XBT

Introction to bitcoin by wiki
different from traditional currency, bitcoin's operation mechanism does not rely on the support or credit guarantee of central bank, government and enterprise, but on the network agreement reached with seed files in the network, which is a decentralized and self-improvement monetary system, Theoretically, it ensures that no one, institution or government can control the total amount of bitcoin or create inflation. Its total amount of money graally increased at the designed rate, and the increase rate graally slowed down, and finally reached the limit of 21 million in 2140<

Introction to bitcoin in network
bitcoin is based on a set of cipher codes and generated by complex algorithms. This rule is not interfered by any indivial or organization and is decentralized; Anyone can download and run the bitcoin client to participate in the proction of bitcoin; Bitcoin uses electronic signature to realize circulation, and checks repeated consumption through P2P distributed network. The generation and consumption of each bitcoin will be recorded through the P2P distributed network and informed to the whole network. There is no possibility of forgery. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<

Introction to bitcoin in interactive network
bitcoin is an electronic currency proced by open source P2P software. Bitcoin does not rely on specific currency institutions to issue, it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction<

the difference between bitcoin and bitcoin
it should be noted that

in English, the words bitcoin and bitcoin represent two concepts of payment network and monetary unit

bitcoin starting with capital B represents bitcoin network system or bitcoin network protocol, which is a payment system based on decentralized network

you can simply understand bitcoin as a public accounting system built on the Internet and not manipulated by any third party. Bitcoin, which starts with lowercase B, refers to the digital currency (e-money, e-cash, cryptocurrency) built on bitcoin network. Bitcoin is the payment accounting unit built in bitcoin payment system. We call bitcoin the network system that proces bitcoin<

in Chinese, bitcoin and bitcoin are both called bitcoin without distinction in many places

its main features are as follows:
1. Decentralization

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's security and freedom< Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig, buy, sell or collect bitcoin

3. Exclusive ownership

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

4. Low transaction cost

bitcoin can be remitted free of charge, but in the end, a small transaction fee will be charged for each transaction to ensure faster transaction execution

5. 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<

6. Bitcoin is not completely anonymous
for more information about bitcoin, please visit my website
learning bitcoin studybtc

it will take some time to protect privacy when using bitcoin. All bitcoin transactions are publicly and permanently stored in the network, which means that anyone can view the balance and transaction records in any bitcoin address. Unless the bitcoin holder discloses personal information ring the transaction, the bitcoin address will not be associated with the real identity of the bitcoin holder. This is why it is recommended that bitcoin holders use multiple bitcoin addresses; In fact, you should create a new address each time to receive bitcoin. This is especially important when using bitcoin in public places, such as on websites. In addition, you can also consider using tools like tor to hide your IP address from being recorded. Learning bitcoin

7. Bitcoin is still experimental

bitcoin is an experimental new currency in active development. Although its experimentality is diminishing with its increasing usage, remember that bitcoin is a new invention, exploring ideas that have never been tried before, so no one can predict the future of bitcoin.
7. 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.
8. It's undeniable that the lack of virtual currency can make money, but you can't just watch others eat meat without seeing others being beaten. This market risk is still very big. I started to do it in 18 years. At that time, I started with grapefruit in Zhongyuan and earned tens of thousands of yuan. But I didn't get off the car in time and lost all the money.
9. 1-75: copper ore (smelting experience, can dig 1-4 times) associated with poor quality stone, malachite
it's easy to dig in the birthplace, plus smelting experience, 50 + mining experience can be easily achieved

75-125: tin ore (smelting experience, can dig 1-4 times) 50 skill requirements, associated with tiger eye stone, shadow stone, rough stone
tin mine is also a very popular mineral. It is recommended by tribes to go to barren land / coniferous forest; The League recommends Chiji mountain

silver ore (smelting experience, can dig 1-4 times) 75 skill requirements, associated with tiger eye stone, rough stone
silver mine is the first rare mine we can encounter. Copper mine generates silver. That is to say, after a certain copper mine is collected, there is a certain chance to refresh silver mine next time. Of course, silver mine is also used as an independent refresh in advanced map. The tribe here recommends barren land / thousand needle stone forest; The League recommends Chiji mountain

125-175: iron ore (can be excavated 1-4 times) 125 skill requirements, accompanied by heavy stones and topaz
there are many places, but none of them is relatively distributed. However, I still suggest to go to the shining plain at the edge of the thousand needle Stone Forest - & gt; Tanalis, there's a lot of data going back and forth on this line

gold mine (smelting experience, 1-4 times of excavation) 155 skill requirements, accompanied by heavy stones and topaz
this is the second kind of rare ore that we can meet, and the last kind of ore with experience in smelting. Iron generates gold. Similarly, after the iron ore is collected, the next refresh will have a certain chance to refresh gold. Of course, the advanced map will refresh, but it is rare

175-245 mitag mine (can be excavated 1-4 times) 175 skill requirements, accompanied by solid stone, turquoise and ruby
two places are recommended for large-scale collection:
1. Barren land, as shown in Figure 1, will brush three secret silver in area a and two secret silver in area B. the refresh of these two places is very fast, and a circle of maps outside can't be finished, so areas a and B will refresh
2. If you think that there are too many people in the barren land, I recommend a small place, the altrank mountains, as shown in Figure 2. In the cave of area a, 2-3 secret silver will be refreshed each time, and in the refresh point outside, 3 mines will be brushed each time. This place has few people, and the map is small, and the refresh is relatively fast, which is suitable for a large number of collection

300-330, mainly to dig the magic iron ore

first of all, dig many magic iron ores distributed on Hellfire Peninsula clockwise

If Hellfire Peninsula is full of miners, go to ZANZA swamp

330-355, mainly for Moxian iron mine and Jiangang iron mine<

going to nagland grassland and digging hard steel ore can not only improve skills, but also sell ore at a good price

at the same time of digging hard steel ore, magic iron ore can also be collected together, even in the later stage, the consumption of magic iron ingot is still considerable

355-375, mainly for Moxian iron mine and Jiangang iron mine

yingyue gorge is the best choice for mining Jiangang mine

if the level is not enough, you can also choose to practice mining skills in the tiroka forest

don't forget to continue to search for magic iron ore while digging hard steel ore in yingyue canyon

if you are in a PvP server, it is quite safe to go to the taroka forest to dig magic iron ore and improve mining skills<

world of Warcraft mineral distribution

black coast: copper, tin, silver
damolo: Copper
lota: Copper
lockmodan: copper, tin
mogaorei: Copper
wetland: copper, tin, silver, iron
barren land: copper, tin, silver Iron ore
Irvine forest: Copper Mine
shizha mountain: copper mine, tin mine, silver mine, iron mine, Mithril
western wilderness: copper mine, tin mine, silver mine
ash Valley: copper mine, tin mine, silver mine, iron mine
Chiji mountain: copper mine, tin mine
thousand needle Stone Forest: copper mine, tin mine, silver mine, iron mine, Mithril
Twilight forest: copper mine, tin mine, iron mine Gold mine
desolate land: copper mine, tin mine, silver mine, iron mine, Mitsui, gold mine
tirisfalin: Copper Mine
st mud swamp: copper mine, tin mine, iron mine, gold mine, Mitsui
Yinsong forest: copper mine, tin mine, silver mine
tanalis: Iron Mine, gold mine, Mitsui, true silver, silver
Hillsbrad hills: copper mine, tin mine, silver mine Iron ore
Filas: iron ore, gold ore, Mithril, true silver, silver ore
altrank Mountains: copper ore, tin ore, iron ore, gold ore, silver ore
Isala: gold ore, Mithril, true silver, silver ore, silver ore
alx highland: tin ore, silver ore, iron ore, silver ore
fewood forest: gold ore, Mithril, true silver, silver ore
thorn Valley: tin ore, silver ore Iron ore, gold ore, Mitsui, true silver
angoro crater: gold ore, Mitsui, true silver, Se silver, Fu silver
barren land: silver ore, iron ore, gold ore, Mitsui, true silver
sirisus: Mitsui, true silver, Se silver, Fu silver
sad swamp: iron ore, Mitsui
Dongquan Valley: gold ore, Mitsui, true silver, Se silver Fuser silver
scorching gorge: iron ore, Mithril, Mithril, black iron
tedasher: there are no ore occurrences at present
singland: silver ore, iron ore, gold ore, Mithril, true silver, sethril
moonlight woodland: there are no ore occurrences at present
land of curse: gold ore, Mithril, true silver, sethril
Burning Plain: gold ore, Mithril, true silver, black iron, sethril Fusheyin
West plague land: gold mine, Mitsui, Zhenyin, sayin, fusheyin
East plague land: gold mine, Mitsui, Zhenyin, sayin, fusheyin
it's easy to practice in Outland
in addition to silver, other mines are mostly in caves! You can try more cave mining!
10. 1、 800 bitcoins, which cannot be reflected in bank cards

this question is wrong, because 800 bitcoins cannot be reflected in bank cards

bitcoin can be transferred to the bitcoin wallet, which is similar to sending an e-mail to one's own e-mail. This process is called coin withdrawal, not cash withdrawal

if you want to withdraw 800 bitcoins, the premise is to sell bitcoins first, turn them into cash, and then transfer them to the bank card

If I have 800 bitcoins and withdraw all of them to the bank card, will I be subject to transaction review
Second, notes on withdrawal of currency and cash

1. Withdrawing money means transferring money

withdrawing and transferring coins are similar to sending e-mail, but the e-mail address must be correct, otherwise 800 bitcoins will disappear and cannot be retrieved. Therefore, there is a great risk in withdrawing and transferring money. The key point is that the wallet address must be correct

2, cash withdrawal

cash withdrawal is to sell bitcoin first. There are 800 bitcoins in the world, which need to be sold in batches instead of one time. This will have an impact on the price of bitcoin, and it will also make it difficult to sell bitcoin at the ideal price

before selling bitcoin, if bitcoin is not in the account of the exchange, you need to transfer bitcoin to the account of the exchange. According to trading experience, there are more than 20 bitcoins on Japanese trading platforms, which means a large amount of bitcoins. The time to accept bitcoins will be relatively slow, and it will not be able to arrive at the account at that time. Investors must be clear about this.
Hot content
Inn digger Publish: 2021-05-29 20:04:36 Views: 341
Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750