Lightcoin founder

1.

According to the domestic bitcoin, lightcoin trading platform bitcoin China and fire coin network quotation: at present, the price of lightcoin is about 58 yuan

recently, e to the FBI auction of bitcoin and the rumor that the Bank of communications will thoroughly investigate the account number of bitcoin trading platform and the impact of bitcoin core developers' outcry for stagnation in the development of bitcoin basic protocol, the prices of bitcoin and lightcoin have dropped. Among them, the price of lightcoin has not been affected by the rising price of bitcoin. The price is moderate and keeps growing slowly. When the price of bitcoin falls, lightcoin still falls

extended data:

design purpose

based on bitcoin protocol, but different from bitcoin, even at the present stage, it can efficiently "mine" 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

2. Lightcoin is a kind of digital virtual currency, which is similar to but different from bitcoin. These virtual digital currencies are calculated by mathematical algorithm program to get a series of numbers and letters. In order to understand the market of Leyte currency, we need to go to the professional Leyte currency trading platform for detailed and further understanding. At present, the domestic Leyte currency trading platform is more professional and formal

http://tieba..com/safecheck/index?url=x+Z5mMbGPAsY/M/Q/ +0F9cuoglZ0mWgPSsR2lbVfu3pr+xI3k4IPor+8Mx4Aubb13aBkT/9itqayQJ2Pah4egTNMg==

3. Lightcoin, English name is liteoin, short for LTC, was born on November 9, 2011, the founder is Charlie Lee
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.

4. This is more than the founder selling his Leyte coins, which certainly has an impact on others.

6. Generally speaking, the price of Leyte currency fluctuates with that of bitcoin. The founder of lightcoin claims to make up for some of the shortcomings of bitcoin and is an experimental proct of bitcoin. However, it has been proved that lightcoin is not a good experimental proct and there is no innovation, but the algorithm is different and the number is a little more. It used to be said that it was not mining with ASIC miner, but finally it was a face fight. Basically, as the price of bitcoin rises, so does the lightcoin. As bitcoin falls, so does the lightcoin.

7. Digiccy is the digital currency. If you look at the ranking of digital currencies in the world in 2018, you can know it as follows:
1. Bitcoin / BTC
founder: Nakamoto Tsung
originally proposed by Nakamoto Tsung in 2009, according to the idea of Nakamoto Tsung, we designed and released open source software and built P2P network on it. Point to point transmission means a decentralized payment system, which once had no more than 10.5 million in four years, and then the total number will be permanently limited to 21 million
2. Ethereum / eth

founder: Geoffrey Welk
it is not only a virtual currency, but also a platform and a programming language, enabling developers to build and release the next generation of distributed applications. Ethereum can be used to program, distribute, guarantee and trade anything: voting, domain names, financial exchanges, crowdfunding, corporate governance, contracts and most agreements, intellectual property, and smart assets that benefit from hardware integration< 3. Ripple / XRP is the base currency of ripple network. It can circulate in the entire ripple network, with a total amount of 100 billion, and graally decreases with the increase of transactions. The operating company of ripple is ripple labs (formerly known as opencoin)
4. Bitcoin cash (BCC) / BCH

founder: Roger ver
bitcoin forked coin. Viabtc, a mining giant owned by bitcoin mainland, has prepared a set of hard forked system based on the original chain of bitcoin
5. EOS

founder: Daniel Larimer
BM (Daniel Larimer), a blockchain architecture platform similar to the operating system, is developed to realize the performance expansion of distributed applications
6. Litteoin / LTC is an internet currency based on peer-to-peer technology and an open source software project under MIT / X11 license. It can help users make instant payments to anyone in the world
7. Stellar

founder: Jed McCaleb
the digital currency project initiated by Jed McCaleb, the former founder of ripple, is used to build a decentralized gateway between digital currency and fiat money. It will be provided to users in the form of free distribution, and its supply online is 100 billion, of which 95% of the amount of star coin is used for free distribution
8. Cardano

founder: Charles hoskinson
the end result of ADA cryptocurrency, which can be used to send and receive digital funds. This kind of digital cash represents the future currency, through the use of encryption technology, can be fast, direct transfer, to ensure its security
9. Tether

founder: Craig sellers
tether USD, a token launched by tether company, is based on the stable value currency USD. Users can query funds on tether platform to ensure transparency. Each TEDA coin is symbolically associated with government supported legal tender< Iota
10, iota

founder: David sonstebo
a crowdfunding project started in 2014, which is a revolutionary transaction settlement and data transfer layer specially designed for the Internet of things. It's based on a new type of distributed ledger, tangle, which is like a blockchain, but it uses a network structure instead of a chain structure, which makes it more scalable and stable.

8. It could be Wright's coin or dog's coin. Dog's coin should be easily popularized in countries where reward culture prevails. However, at present, except bitcoin, most currencies continue to decline. Lightcoin, in particular, broke the rule of following the price fluctuation of bitcoin and continued to plummet. On the one hand, it is related to the appearance of large-scale Leyte coins at the airport, and on the other hand, it is also related to the rumor that some mining machinery manufacturers sell Leyte coins in large quantities in order to sell mining machinery and recover capital. The world's famous bitcoin miner also plans to enter the ranks of Avalon chip R & D and design. The founder of lightcoin once claimed that lightcoin mining was not suitable for ASIC, but it turned out to be wrong

Avalon is the largest miner supplier in the world, the first ASIC miner in the world, and the first miner to announce hardware solutions for miner besides chips.

9. Lightcoin, English name is liteoin, short for LTC, was born on November 9, 2011, the founder is Charlie Lee. 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. When buying Leyte coin, you can choose global large-scale trading platforms such as Huo coin to ensure the safety of assets.

10. The father of lightcoin talks about Nakamoto: it doesn't matter who Nakamoto is

it's reproced from lightcoin house

recently, a news about the inventor of bitcoin Satoshi Nakamoto's appearance in California made the whole instry fall into the crazy pursuit of this "mysterious man" again, but this news was finally proved to be untrue. Unlike the inventor of bitcoin, the identity of Charles Lee, the inventor of lightcoin, has always been clear. Recently, he received an exclusive interview with the reporter of the first financial daily
BTC China (bitcoin China), the world's largest bitcoin trading platform, also officially launched lightcoin trading on March 4. This virtual currency is likely to become the most popular cryptocurrency after bitcoin<
Mr. Nakamoto "shows up"
Newsweek reported on Thursday that Mr. Nakamoto lives in temple, east of Los Angeles, California. His real name is Dorian Satoshi Nakamoto. The 64 year old, who owns $400 million worth of bitcoin, doesn't live in luxury, the report said. He graated from Caltech with a degree in physics and seems to have the necessary skills to develop cryptocurrency. In addition, he was involved in safety and communications at the Federal Aviation Administration (FAA)
in an interview with the associated press, Nakamoto said that the media misunderstood this. Nakamoto said he had never heard of bitcoin. He firmly denied that he was the inventor of bitcoin. He repeatedly stressed: "I have nothing to do with bitcoin."<
it's not so important who Nakamoto is.
bitcoin fans' expectations of Nakamoto's appearance have failed again. However, recently, a reporter from China business daily interviewed Charles Lee, the founder of the virtual currency lightcoin, whose trading volume and market value are second only to bitcoin. For the reports that the media are eager to lift the veil of Nakamoto, Lee thinks that it doesn't matter who Nakamoto is. People just need to pay attention to the fact that bitcoin itself is valuable
Lee is currently working for a company dedicated to the development of bitcoin trading platform and wallet“ I think the success of lightcoin and bitcoin complement each other. Working on bitcoin is also good for the success of lightcoin. " He said
"before I knew about bitcoin, I had been investing in gold, which I think is a good way to fight inflation. But I came into contact with bitcoin three years ago. I think it is digital gold, and it has many other advantages compared with gold. For example, bitcoin can be infinitely divided and sent to other people without cost, but it also has a disadvantage compared with gold, that is, there is no corresponding physical object. " Lee said
in fact, Lee's first counterfeit coin project is not Wright coin, but fairbrix virtual coin. Fairbrix is a clone of tenebrix, a virtual currency. Tenebrix was founded in 2011. However, Lee believes that the developers of tenebrix dig up their own coins and collect 7 million tenebrix for themselves before they officially release tenebrix. This is very unfair“ Therefore, the community is interested in creating a zero pre mining tenebrix clone to make it more equitable. " Lee said
unlike bitcoin, the workload proof function of fairbrix written by Lee uses the crypt encryption algorithm instead of the SHA-256 encryption function adopted by bitcoin. Unfortunately, fairbrix is a failed project
but Lee's next attempt at counterfeit money was a success. In October 2011, he launched lightcoin, which integrates the code of bitcoin client and eliminates the program failure of killing fairbrix
there are many important differences between lightcoin and bitcoin. Unlike bitcoin's 21 million cap, lightcoin's cap is 81 million. In order to make the "mining" activity more democratic, lightcoin also integrates the workload proof crypt encryption algorithm from tenebrix project
"the advantage of scrypt design is that it can participate in" mining "by using CPU instead of using integrated circuit (ASIC) like bitcoin, which is the so-called expensive" mining machine. " "The relationship between bitcoin and lettercoin is more complementary than competitive," Lee said. In different situations, people can use different virtual currencies. For example, when shopping, you can use lightcoin to pay, because its transaction confirmation time is shorter, and when making large amount transfers, you can choose bitcoin, because it is more secure. "
when talking about other counterfeit currencies, Lee said that many of them are just scams and tools for developers to make money. He has not found other counterfeit currencies that can "compete" with bitcoin yet“ Ordinary investors can judge whether a counterfeit coin is worth investing from two aspects. First, it depends on the number of coins g up in advance. If developers have a lot of such counterfeit coins in advance, they are likely to make profits from them; The second is whether the developers are serious about the program. " Lee added. In addition, he expressed his interest in an unpublished virtual currency Ethereum, which may have a place in the future virtual currency world
it is worth mentioning that BTC China officially launched the lightcoin transaction on March 4. According to the data provided by bitcoin China, on the day of its launch, the number of visits to the website surged, with a total transaction volume of more than 30 million yuan in three days. Lee believes that bitcoin's launch in China further illustrates the fact that it is the most popular cryptocurrency after bitcoin.