How does fire coin net sell Wright coin to cash
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.
Log in to fire coin
Click bitcoin spot trading
select sell, and the default is price limit trading panel. Take buying as an example, fill in the selling price and selling volume, and click sell BTC
fire coin is a safe and reliable bitcoin trading platform in China. It has obtained a round of 10 million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia Capital (shareholders of many global well-known companies such as apple and Alibaba). Fire coin implements strict risk control management and has been running stably for 3 years. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan
on September 15, 2017, huoyuan.com announced that registration and RMB recharge services will be suspended from now on, and all users will be informed before September 30 that they are about to stop trading. At the same time, all transactions of digital assets against RMB will be graally stopped before October 31
in June 2018, fire coin officially announced its withdrawal from Japan, and on July 2, it removed its website
for example, according to the opening price on July 29 of huoyuan.com, the value of a single currency is 281 yuan. A bitcoin is worth 18879.98 yuan
if you use bitcoin to price Leyte, you can get a price of 281 yuan at the opening on July 29, and take the price of Leyte / bitcoin: 281 / 18879.98 = 0.0148
that is to say, if you bid 0.0148 bitcoin, someone will sell you one. Currency transaction is to exchange one kind of blockchain assets for another, such as using BTC to buy LTC.
1. Bitcoin is essentially a string of characters. It's made up of letters and numbers, about 33 digits, always starting with 1 or 3. In the metaphor of RMB, bitcoin is the serial number on RMB. Whoever obtains the serial number through complex algorithm will have the banknote
2. Bitcoin has no issuer. It is automatically generated by the network through "mining" (solving a mathematical problem through an algorithm). In fact, bitcoin is a reward for solving mathematical problems. When bitcoin was born in 2009, each prize was 50 bitcoins
3. The total number of bitcoin is 21 million. After the generation of bitcoin, it will increase 50 bitcoins every 10 minutes. When the total amount increases to 10.5 million (50% of 21 million), the bounty will be halved to 25 bitcoins at a time; When the total amount reached 15.75 million (5.25 million new output, or 50% of 1050), the bounty was further halved to 12.5. And so on, the speed is getting slower and slower until it reaches 21 million more than 100 years later. That is to say, getting bitcoin through "mining" is getting slower and harder
4. Bitcoin has a certain range of payment functions. So we can call it a digital currency. On the one hand, bitcoin can be exchanged for the currencies of most countries; On the other hand, bitcoin can buy some virtual procts, such as equipment and clothes in online games. In 2013, a restaurant in Beijing started bitcoin payment. In January 2014, overstock accepted bitcoin and became the first large online retailer to accept bitcoin. On September 9, 2014, the US e-commerce giant eBay announced that it began to accept bitcoin payment; At the same time, the housing rental community airbnb and car rental service Uber also began to accept bitcoin payment
5. Characteristics of bitcoin. It is decentralized and has no issuing institution. It can not be closed externally. It is also a borderless and uncontrollable trading medium
if blockchain is the big account book of Internet transactions, bitcoin is the hard currency (currency) of Internet transactions<
Author: Frank Liu
link: https://www.jianshu.com/p/04aa7d4eed2b
source: Jianshu
the right belongs to the author. For commercial reprint, please contact the author for authorization. For non-commercial reprint, please indicate the source.
