Does lightcoin wallet need to set password

1. Lightcoin only needs to register an account on the trading platform. If you just download the wallet, the wallet will automatically generate an address, which is your collection address

2. According to the current difficulty calculation, we can dig about 1.012 Laite coins a day. This is the average calculation result in the mine pool. If there is an efficient mine pool or solo, maybe more

3. Keeping a backup of your wallet in a safe place can protect your wallet from computer failures and many human errors. If you encrypt your wallet, it can also be used to restore your wallet when your mobile phone or computer is stolen
back up your entire wallet
some bitcoin wallets use many hidden private keys inside. If you only back up the private key of the visible bitcoin address, most of the money may not be recovered from the backup
encrypt online backup
any online backup is easy to be stolen. Even a computer connected to the Internet is vulnerable to malware. Therefore, it is a good security habit to encrypt any backup exposed to the network
using multiple secure repositories
single point of failure is not concive to security. If your backup is not limited to only one place, it is less likely that something bad will happen and your wallet will not be restored. You can also consider using different storage media, such as USB flash disk, paper and CD-ROM.

4. There are lots of wallets, too

5. There are some differences between lightcoin wallets and bitcoin wallets
generally speaking, lightcoin wallet is aimed at lightcoin, mainly lightcoin; Bitcoin wallets are dominated by bitcoin
the corresponding currency ranges are staggered and different; But in terms of market scope, bitcoin accounts for the largest proportion, followed by lightcoin
therefore, in general, the scope of application of bitcoin wallet is usually larger than that of lightcoin wallet; Sometimes, bitcoin wallet is also called lightcoin wallet.

6. It seems that there is no big difference between the operation on the mobile terminal and the operation on the PC terminal. It's just that you should pay attention to the corresponding mobile version when downloading the mobile app.

7. If you forget the withdrawal password, you can modify the password through the reserved mobile phone number or email

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 authority. 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. More about bitcoin house.

8. The opening bank is the bank where you handle the card, and the branch is the name of the bank,

9. Will graally drive out the paper money market

for example, in foreign countries, small shops can swipe their cards to sell things
however, small shops prefer cash transactions because they have to pay more taxes to swipe their cards and can't evade government monitoring
therefore, paper money will not die out because of e-money in a short time
but e-money will quickly occupy the market
the above is just my first intuition about the market
for more information, you can go to the home page of the central bank for relevant statistics.