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The algorithm of generating currency address

Publish: 2021-05-09 08:47:04
1. Brief introction: a kind of currency based on bitcoin protocol, but it does not require extremely high computing power. It can also be mined by ordinary computer. Lightcoin's algorithm comes from the algorithm designed by Dr colinpercival for tarsnap secure online backup service (backup for Linux and other open source operating systems)< Br > release time: lightcoin was released on October 7, 2011 through the open source client on GitHub< Br > maximum supply: 84 million LTC < br > total circulation: 55152208ltc < br > market value: $8882916638
2. Litecoin (LTC, currency symbol: 321;) 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< What's the difference between lightcoin and bitcoin:
1. Transaction:
it's easier to use, larger in volume and greater in 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. Write notes casually. The meaning of notes is to make it easier for you to distinguish

litecoin (abbreviated as LTC, currency symbol: 321;) 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.
4. Lightcoin was not developed in a certain country, but by a former programmer of Google<
Lite coin
development time: November 9, 2011,
developer: Charlie Lee
algorithm: scrypt encryption algorithm
circulation platform: fullcoin
abbreviation: LTC, currency symbol: &# 321
it is a kind of network currency based on "peer-to-peer" technology and an open source software project under MIT / X11 license.
5. Lightcoin is a kind of network virtual currency based on PTP technology, which is second only to bitcoin in the global circulation market value. Inspired by bitcoin, the creation and transfer of lightcoin is based on an open source encryption protocol, which is not managed by any central authority
each litecain is divided into 100000000 smaller units, defined by eight decimal places. Lightcoin needs to be generated by "miner mining". Mining is done by hashing through computer graphics card. If the value of "mine explosion" is calculated, the system will reward 50 lightcoin at one time. At present, the computing power of Leyte coin is growing rapidly. The miners can't find the mine through several computers, so they need to join the mine pool. The mine pool gathers all the computing power of everyone, so the probability of finding the mine is greater
e to the popularity of bitcoin and lightcoin, many units, institutions or indivials proce money by imitating their principles in an endless stream. In order to regulate the operation of digital currencies such as lightcoin, the relevant departments of the state specially authorize and support the development of a series of training courses on digital assets and business value-added points, so that students can analyze objectively and invest rationally.
6. 34 digits, starting with L
7. What do you mean by giving a lettercoin address? There are too many addresses generated automatically. If you want others to give you some, you'd better save it!
8. The total number of lightcoin is three times that of bitcoin. The total number of bitcoin is 21 million, and the total number of lightcoin is 84 million

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.
9. 1. Mining
2. Buying.
10. 1、 Clarify the object of the description
to accurately grasp the object of explanation in reading an article, we need to analyze it from two aspects: one is to see what an article explains from the whole, and the other is to see which aspect of the thing is explained from the part, that is, the specific object of an article. The object of expository text can be entity or abstract. This kind of expository text aims at explaining "what" and "how" things are< Second, grasp the characteristics of the object
in order to understand the content of expository text accurately, it is not enough to only find the explanatory object, but also to accurately grasp the characteristics of the explanatory object. Whether an expository text achieves the purpose of explanation depends on whether the characteristics of things are explained clearly< Third, clarify the order of explanation
expository texts should have a clear and reasonable order, which is the order of explanation. Generally speaking, there are three kinds of explanation order: spatial order, temporal order and logical order. When reading an article or paragraph, we should pay attention to these three aspects. The order of space is generally from top to bottom, from left to right, from front to back, from far to near, from middle to both sides. Time order generally has from ancient to present, from the past to the present and so on. The logical order is from phenomenon to essence, from cause to result, from primary to secondary, from feature to use, from whole to part, from general to special, from generalization to concrete, from known to unknown, from exterior to interior, from one to another< 4. Master the method of explanation
common explanation methods include giving examples, making comparisons, listing numbers, classifying, analogy, defining, interpreting, quoting, listing charts, etc. Do not memorize the concepts of the eight common explanation methods, but be able to judge the explanation methods used in the article. At the same time, we should be able to analyze its function in combination with the article< 5. Understand the language of explanation
expository text requires accurate language, which is determined by the characteristics of expository text. To be accurate is to introce and explain things appropriately with the most exact words and sentences according to the actual situation of the things to be explained. When reading expository texts, we should pay attention to the correct nouns, verbs, adjectives and adverbs, and analyze their functions in the text or sentence.
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