How to check the network speed
Publish: 2021-04-03 06:44:54
1. The concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's idea, open source software was designed and released, and P2P network was built on it. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system
litecoin (abbreviated as LTC, currency symbol: Ł) 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
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.
litecoin (abbreviated as LTC, currency symbol: Ł) 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
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.
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< better use of digital currency trading platform coin exchange
data expansion:
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
3. How to confirm the recharging of bitcoin or Leyte coin
if you top up bitcoin or lightcoin, you can check it on the website. If it's cash withdrawal, you can see the status of the cash withdrawal after your address. If you look at it, you can see the status of the cash withdrawal. When it's just displayed on the website, you can't find the status by clicking the status. Because it hasn't been broadcast to the network, please check again later.
if you top up bitcoin or lightcoin, you can check it on the website. If it's cash withdrawal, you can see the status of the cash withdrawal after your address. If you look at it, you can see the status of the cash withdrawal. When it's just displayed on the website, you can't find the status by clicking the status. Because it hasn't been broadcast to the network, please check again later.
4. Coin unit is good, you can go and have a look
5. This is the way of decentralized transaction after synchronization. From the date of currency birth, every transaction is recorded in detail on the transaction chain. And this chain can only be recognized if all clients in the world are consistent
6. The mining principle of lightcoin is the same as that of bitcoin, but the algorithm is different. In short, it is to use the computing power of your lightcoin mining equipment to solve mathematical problems, confirm lightcoin network transactions, and ensure the security of the entire lightcoin network system. As a reward, miners can get unequal lightcoin rewards. The total number of lightcoin is four times that of bitcoin
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.
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.
7. On October 7, 2011, a network organization announced the release of a new P2P virtual currency, called lightcoin (LTC)
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. Bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
litecoin is short for LTC, and its English name is litecoin. Litecoin stands for lightweight. The meaning behind litecoin is lightweight currency
1. Bitcoin generates a block every 10 minutes, while lightcoin LTC generates a block every 2.5 minutes. This means that lightcoin has faster transaction confirmation efficiency. Bitcoin transfer sometimes takes 1 hour or even longer to arrive at the account, but lightcoin generally takes less than 20 minutes to confirm
2. Since the LTC speed of lightcoin is four times that of bitcoin, and the reward of each block is the same as bitcoin, the total amount of money is four times that of bitcoin, which is 84 million lightcoins, which is higher than that of bitcoin<
3. Bitcoin adopts sha256 encryption algorithm, and lightcoin adopts script encryption algorithm. Compared with bitcoin, lightcoin LTC has a slightly lower computational load, which makes it easier to mine and more suitable for graphics card
(GPU) operation. At the same time, FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are better than sha256 used for bitcoin, More expensive.
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.
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. Litecoin is the most potential counterfeit coin after bitcoin. Miners say that BTC is gold and LTC is silver. LTC introction: litecoin (LTC), released on October 7, 2011, is the most valuable counterfeit coin at present. Compared with BTC, LTC is faster, with an average of 2.5 minutes per block and 6 confirmations in 15 minutes. In addition, the number of LTC is four times that of BTC, and the total number is 8400w
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.
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.
10. Bitcoin and lightcoin can be directly recharged or withdrawn to the recharge address designated by our platform for users The user's recharge address is unique, pay attention not to make a mistake oh) recharge service time is 24 hours, the system automatically handles. According to the design principle of bitcoin / lightcoin network, after receiving a confirmation from you, it will be recharged successfully. Okcoin system provides confirmation monitoring function, you can see the current confirmation number of your recharge. The specific recharge success time is usually a network confirmation. The network confirmation time is about 10-30 minutes, sometimes it may take 1-2 hours, which is determined by the bitcoin / lightcoin network.
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