How much currency is in circulation
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
the first is bitcoin,
the second is Leyte, and
the third is dogcoin
from the perspective of algorithm advanced,
the oldest is bitcoin graphics card algorithm.
then there are the CPU algorithms of Leyte coin and doggy coin
the latest popular algorithm is the X11 algorithm of the black coin, which is developing rapidly
from the perspective of currency adopted by big trading platforms
bitcoin China, okcoin, fire coin, coin deposit, bitcoin trading network, China bitcoin. Without exception, bitcoin and lettercoin are used
from the analysis of this situation, although bitcoin is old, it has a lot of platform and application support, and has advantages in the short term
the algorithms of Leyte coin and doggy coin are also relatively backward, and it is estimated that they will not last for a year
the development of new algorithmic currencies, such as black money, is a matter of time, but the application expansion is too little, and it will take a long time to really develop
but we are definitely not talking about dark currency. In fact, all currencies except bitcoin are improved on the basis of bitcoin source code, not reformed, so it is inevitable that they will be eliminated
we are looking forward to a new currency and a revolutionary currency!
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
the number of litecoin is relatively large, four times that of bitcoin and three times that of Ruitai.
it is based on bitcoin protocol, but different from bitcoin, it can also "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 machine mining bitcoin. As the application specific integrated circuit (ASIC) designed for bitcoin mining (Avalon proced the world's first ASIC bitcoin miner in 2012) graally emerged, litecoin also followed 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. But in fact, under the expulsion of interests, there has been an ASIC miner with scrypt algorithm, and the competition has become white hot. Many people claim that the recent decline of Leyte coin has something to do with the manufacturers of Leyte coin miner
similarly, at present, the competition among bitcoin mining machine manufacturers is still fierce. Since Avalon proced the world's first ASIC bitcoin miner, so far, it has upgraded three generations of miner chips, and the fourth generation of 28nm miner will come out soon.
the current international pyramid schemes are all engaged in this. Bitcoin is not pyramid schemes, but the people's Bank of China has already defined bitcoin. Other pyramid schemes like virtual money are mostly about what they can sell even if they can make a fortune.