How to upgrade lightcoin
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< better use of digital currency trading platform coin exchange
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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
At 10:00 a.m. on July 3, the opening price of Leyte was 283 yuan / piece, and the highest price was 324 yuan / piece at 13:00 a.m. on July 3, with a 3-hour rise of 14%

at present, lightcoin mining has entered the ASIC era, and the myth that ASIC was not suitable for lightcoin mining has been broken
if you want to mine the Leyte coin, it is recommended that you buy ASIC Leyte coin miner, and you'd better join a mine pool for mining. The more famous lightcoin machines in the market include A2, silverfish, KNC and so on. At present, Avalon, a famous supplier of bitcoin machines, also plans to research and develop lightcoin ASIC chips. Avalon's lightcoin chip is a 28nm process technology, which is in a leading position in the instry.
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.
lightcoin's most comprehensive wallet security strategy, backup and recovery methods lightcoin client is the core of the (LTC) lightcoin peer-to-peer network, and each client constitutes a strong and robust (LTC) lightcoin network. As a user, you can use the client to pay and collect money. First of all, the most important thing is to do a good job of wallet security protection, backup, encryption, recovery. Protecting your wallet is the top priority.
1. Direct buying and selling, relying on the market and price difference to earn income, has greater risk and consumes more time and energy
2. To become a miner, you can get the Laite coin at the cost price, and then sell it in the market. But now the cost of the miner is too high, and there is a lot of investment in the early stage
3. The income of Laite coin will be less than the first two, but it is better than stability and safety. It means the same as the bank's Fund. At present, the popular financial supermarket on the market are AEX, coin an Bao and OK Yu coin Bao. The financial supermarket on AEX has the debt transfer function that other platforms don't have, and they invest on it, Your money is more flexible
indivials are inclined to the third.
bitcoin mining is now a very professional business. Retail mining is basically unprofitable and is graally withdrawing from the instry. The so-called software mining is impossible, if it was OK three years ago
it is suggested to play some mainstream digital currencies, such as bitcoin, Leyte, Ruitai, doggy, thousand gold card, Ruibo, etc. Don't play cloud miner and other amazing projects with high profits too much.
