Micro blog of Laite coin
After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price
on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term
in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point
the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher
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Domestic trading platforms continue to expand the proportion of trading volume in the market, which is in sharp contrast to the "running away" storm encountered by foreign bitcoin trading websites. Mt. GOx, once the world's largest bitcoin trading website, collapsed (on February 25, 2014, Mt. GOx was "declared" bankrupt and could no longer log on. On March 28, Mt. GOx officially filed for bankruptcy, and announced on its website on March 3, 2014 that about 850000 bitcoins were illegally transferred e to the exploitation of bitcoin system vulnerabilities.), It has attracted the attention of bitcoin investors all over the world. Subsequently, flexcoin, a bitcoin trading website in Singapore, suddenly went out of business. Due to the bankruptcy of Mt. GOx, bitcoin transactions on domestic websites also showed obvious fluctuations. On February 25, the domestic bitcoin price once dropped from nearly 3600 yuan to 3050 yuan (a few days later, the bitcoin price returned to around 3865 yuan). In spite of the international panic, the sharp drop in prices can not stop the enthusiasm of Chinese domestic investors
China's bitcoin trading websites have benefited from the storm. According to some data, the trading volume of bitcoin in mainland China now accounts for 70% ~ 80% of the global trading volume, and even the largest trading platform of bitcoin has been taken away by China's bitcoin trading websites. RMB is the second largest currency in the bitcoin exchange market, only next to the US dollar, accounting for 1 / 3. China's market has become a gathering place for bitcoin players. Some experts believe that the biggest reason for the rise in the price of bitcoin is the large number of Chinese buyers. According to the volume data of the largest bitcoin trading platform in China, after the collapse of Mt. GOx on February 25, 2014, the domestic trading volume dropped by nearly 7%, with 334562 transactions (about 1.1 billion yuan) on that day. After that, the trading volume graally stabilized. By March 4, the trading volume rose by 14.05%, reaching 339830 (1.4 billion yuan). From February 25 to March 13, the trading volume in 17 days was 9 billion yuan, 16% higher than that in the previous 17 days. On March 21, 2014, some media reported that the central bank issued a document on March 18, 2014 demanding that all bitcoin transactions be stopped before April 15, 2014. In response to this rumor, the central bank said publicly on the evening of March 21, 2014 through its microblog that it was a false report< At the same time, the central bank said that bitcoin's attitude has been clearly stated in the notice on preventing bitcoin risks (hereinafter referred to as the "notice") issued by the people's Bank of China and other five ministries and commissions
according to the circular issued by the central bank in December 2013, although bitcoin is known as "currency", it is not a real currency because it is not issued by the monetary authority and has no monetary attributes such as legal compensation and compulsion. In nature, bitcoin should be a specific virtual commodity, which does not have the same legal status as currency, and can not and should not be used as currency in the market
the circular also requires that all financial institutions and Payment institutions in China shall not carry out bitcoin related business. Financial institutions and Payment institutions shall not price procts or services with bitcoin, buy or sell bitcoin or act as central counterparties, underwrite insurance business related to bitcoin or include bitcoin into the scope of insurance liability, or directly or indirectly provide customers with other services related to bitcoin
including bitcoin registration, trading, clearing, settlement and other services for customers; Accept bitcoin or use bitcoin as a payment and settlement tool; Carry out bitcoin and RMB and foreign currency exchange services; Carry out bitcoin storage, custody, mortgage and other services; Issuing financial procts related to bitcoin; Take bitcoin as the investment target of trust, fund, etc. Official supervision
on the afternoon of December 5, 2013, the Central Bank of China and other five ministries and commissions jointly issued a notice to guard against bitcoin risks, requiring financial institutions and Payment institutions not to price procts or services with bitcoin. Within an hour of the news, bitcoin prices fell by 35%. At that time, as soon as the policies of the five ministries and commissions came out, the survival space of domestic bitcoin trading websites was greatly doubted. This day was jokingly called "the darkest day for domestic bitcoin entrepreneurs". However, the official policy has not affected the vigorous development of domestic trading platform. These bitcoin trading websites avoid these problems through flexible ways such as bank transfer, transfer recharge and point card recharge
the enthusiasm of the people
Chinese players have become the main crowd in the purchase of bitcoin, which has directly led to the popularity of Chinese bitcoin trading websites, and even the crown of "the world's largest trading platform" has rotated among bitcoin trading websites in China. This scale really surprised many people in the financial sector. Not long after China's regulatory authorities warned about the risks of bitcoin, domestic bitcoin trading websites did not suffer too much impact and quickly walked out of the haze
platform strategy
there are about 5-6 mainstream bitcoin trading platforms in China, which mainly earn income by collecting transaction fees and value-added service fees. However, the transaction rates of these bitcoin trading platforms are very low. With the trading volume and user scale, these trading platforms can also find other more profit points. The development of derivatives and the launch of new trading currencies have become a breakthrough: financial derivatives such as "financing currency" have also begun to appear, and other virtual currencies such as Leyte currency have also become expanded trading varieties
in addition, the "ambition" of these trading platforms is not only related to this, many trading platforms are also further expanding the upstream and downstream instrial chain, such as trying to develop bitcoin wallet, bitcoin payment tools and other applications
according to the report issued by the Institute of international finance, Chinese Academy of Social Sciences, the market price of bitcoin is determined by supply and demand, and public expectation plays an important role. Bitcoin trading network said on April 10, 2014 that it has received a telephone notice from Hangzhou Science and Technology City branch of Agricultural Bank of China that it will stop using the company's account for settlement of bitcoin related business on April 15. If it fails to stop within the time limit, the company's bank account will be frozen on April 15
bitcoin trading website niucoin has also received calls from instrial and Commercial Bank of China Hangzhou Jiulian sub branch, China Construction Bank Hangzhou Huaxing sub branch and Agricultural Bank of China Hangzhou Science and Technology City sub branch, saying that e to the notice from the superior operation management department, it will stop providing services for niucoin and close its account before April 12. However, there are still eight other banks, including Bank of China, China Merchants Bank and Instrial Bank, which have not been affected. In June 2014, California governor Jerry Brown signed a law to remove restrictions on non dollar currencies. California's old corporate law, section 107, forbids companies or indivials to issue non dollar currencies, that is, virtual currencies and bonus points, such as Amazon coins and Starbucks stars, which are technically illegal. The new bill repeals this provision, and its author, Roger Dickinson, points out that the law ignores the growing reality of alternative currencies and is therefore unrealistic
following the release of bitcoin based electronic signatures on Tuesday, British Finance Minister George Osborne signaled Britain's intention to legalize bitcoin or other similar currency system as digital currency, the Daily Mail reported in 2014.
fire coin network generally refers to Beijing fire coin World Network Technology Co., Ltd.
Beijing digital currency trading company
Beijing fire coin World Network Technology Co., Ltd. is a digital currency trading company, founded by Li Lin in Beijing on May 1, 2013. On April 4, 2014, huoyuan.com won a round of tens of millions of RMB investment from Sequoia Capital, the top venture capital institution on Wall Street. On August 5 of the same year, fire coin acquired bitcoin wallet "fast wallet" and qukuai.com<
Chinese name
Beijing huoyuantianxia Network Technology Co., Ltd.
foreign name
Huobi Technology Co, Ltd.
headquarters location
Liangsheng building, Middle Road, Xierqi, Haidian District, Beijing
business scope
digital currency transaction
founder
Li Lin
total transaction volume
200 billion yuan (as of 2016)
all authoritative information
legal representative
Li Lin
business status
in business
registered capital
100
registration time
December 18, 2013
registered address
the first floor of 29b building, No.11 anningzhuang Road, Haidian District, Beijing The above information is provided by tianyancha
94% of the people have also seen the
China coin exchange
blockchain news platform
reliable and profitable blockchain app
Company Profile
fire coin is committed to building a safe bitcoin trading platform, and the team has many years of financial risk control experience. The core members graated from Tsinghua University, Peking University, Fudan University and other domestic famous universities, and came from domestic Internet and financial enterprises such as Goldman Sachs, Internet, Oracle, Tencent and Alibaba
in April 2015, fire coin set up fire coin blockchain Research Center, and established "digital asset research project" with Internet Finance Laboratory of Wukou School of finance, Tsinghua University (former Graate School of central bank) [1]. In July 2016, together with the Internet Finance Laboratory of Wukou College of Finance and sina science and technology, huobi.com released the 2014-2016 global bitcoin Development Research Report [2]. In the same month, the fire coin blockchain research center and the Mechanical Instry Press published the book "blockchain: defining the new pattern of Finance and economy in the future" [3]<
Proct Introction
flash player: a short-term trading tool tailored for traders. It provides 250 real-time transaction records per second for 20 outlets, 0-delay flash trading, supports split screen display of trading window and quotation window, and allows users to analyze quotation chart
hotcoin app: an app with comprehensive functions in bitcoin instry. A bitcoin trading app providing registration, recharge, trading, cash withdrawal and information integration services. This app has a price reminder function<
organizational structure
Li Lin
founder and chairman
Mr. Li Lin is the founder and chairman of fire coin and the promoter of global digital currency trading. Since the establishment of fire coin, he led the team to develop fire coin into a leading digital currency trading platform in the world. By the end of 2016, the accumulated trading volume was RMB 200 billion. Before the founding of fire coin, Mr. Li Lin worked in Oracle Asia Research Center and served as a R & D Engineer; In 2009, we founded the social proct Youyi based on MSN; In 2010, the second largest independent group buying search company in China was founded. Mr. Li Lin led the team to break the instry records repeatedly, and has rich experience in Internet Finance entrepreneurship and team management<
Du Jun, co-founder and director
Mr. Du Jun is the co-founder and director of fire coin, and a world-famous digital asset investment and manager. Prior to the establishment of fire coin, Mr. Du Jun worked in Kangsheng chuangxiang, a well-known community software company, and successively served as marketing director, operation director and proct manager; After Tencent acquired Kangsheng chuangxiang, it became its core proct Discuz! Proct leader, lead Discuz! Proct design of X series and Application Center. Mr. Du Jun has outstanding performance in marketing, operation, creativity and other fields.
first, it greatly improves performance, As we all know, the number of transfers per second of bitcoin, that is, TPS, is only about 7, and other bitcoin forked coins using POW consensus mechanism are almost the same. The theoretical value of TPS of LBTC can reach 2800, and the current actual level can reach more than 1000, and the performance has been improved by several orders of magnitude. The slogan "fast as lightning" is by no means empty words. If you are interested, you can download a wallet from the official website of LBTC or Cobo to experience it
Second, it greatly reces the energy consumption and participation threshold. As we all know, the high energy consumption caused by POW mining represented by bitcoin has been criticized by the outside world. At the same time, because mining has already become a heavy asset instry, mining machinery, mining and other fields have been monopolized by a few big players, ordinary small and medium-sized investors and new manufacturers have little room to survive, It has formed a situation in which the strong are always strong. However, POS / dpos currencies only need ordinary PCs or even mobile phones to run wallets and stack, so as to obtain revenue
thirdly, it introces chain governance, which achieves a good balance between democracy and efficiency. At the same time, it encourages users to actively participate in community affairs through voting and staging mechanism. In the world of pow, power is power, simple and crude; In the world of POS, those who hold more money will have more right to speak and gain
in the world of dpos, it is not simply to see who holds more money. At the same time, it needs the extensive support of the community to exercise power on behalf of the community. At the same time, the majority of small and medium-sized users also have the opportunity to launch motions, express their demands, and participate in decision-making
because bitcoin has carried too many interests, we are very cautious about any improvement of bitcoin, and the pace is very slow, which leads to the division of the community and the proction of many forked coins. However, in fact, compared with bitcoin, the improvements made by BCH and BSV are quite limited, so the improvement in all aspects is also very limited
therefore, if you take a closer look at LBTC, you will find that it is actually a very interesting bitcoin fork coin. I think it is a very bold and imaginative experiment based on bitcoin. If lightcoin has been used as a testing ground for new technologies and new ideas for bitcoin in many cases, LBTC can be regarded as a testing ground for bitcoin with greater and more thorough changes
just mentioned, one of the biggest obstacles in the promotion and use of bitcoin is that TPS is too low to carry high-frequency transactions. Compared with bitcoin and some well-known bifurcated currencies such as BCH and BSV, the performance of LBTC is improved by several orders of magnitude, and the actual TPS can reach more than 1000
increasing TPS can rece verification time, but it will inevitably sacrifice security or decentralization. If TPS increases blindly, blockchain will completely sacrifice "decentralization". At the same time, the requirements on the miner's machine configuration will be more stringent. If it can not upload the transaction in time, it will proce more unfinished transactions, and the hidden danger will be greater. Although EOS uses 21 super nodes to achieve high efficiency, it also sacrifices some "decentralization" and security, and introces potential risks such as DDoS
in the past two years, many public chain projects blindly pursue high TPS, and often claim to have achieved tens of thousands, hundreds of thousands or even millions of TPS. In order to improve TPS, some project parties buy millions of equipment to test in a laboratory, which only plays a PR effect or amuses themselves. Such a high TPS is meaningless. Even if it can reach or close to such a number, for the current market demand, it also belongs to excess performance, which is bound to cause unnecessary waste of resources
according to the calculation of relevant research institutions, even if the public chain processes 100 million transactions every day, thousand level TPS is enough. It's worth noting that the TPS of Libra, which is to be launched by Facebook, is also around 1000. You should know that Facebook has as many as 2.7 billion users in the world, which should be determined by them after careful consideration
this means that LBTC's TPS can meet the needs of processing 100 million transactions per day, which is quite pragmatic and can fully meet the needs of global users in the next few years. Moreover, LBTC also has a high degree of scalability. With the further improvement of global Internet infrastructure, the performance of LBTC will continue to improve. It can be said that the current LBTC has found a good balance in the "Impossible Triangle" of efficiency, security and decentralization
in the view of many bitcoin fundamentalists, only the pow path chosen by Nakamoto is the only right way. POW consensus mechanism has experienced nearly 10 years of stable operation and continuous market test, and dpos has been more than 6 years since its birth. So how about doing an experiment to see what wonderful chemical reactions can be proced by combining bitcoin with dpos
if this dpos version of bitcoin can also withstand the continuous test of 10 years, will we still insist that only POW is the only right way for bitcoin? Of course, we don't have a definite answer to this question. Time will tell
although I also claim to be a believer of bitcoin, I think the existence of LBTC is very meaningful. This significance does not mean to replace bitcoin, or like some fans of other forked coins, I think that only the branch I support is the real bitcoin, but to explore more and wider possibilities in technology and form a useful supplement to bitcoin.
the 8000 yuan computer basically can't dig a mine. You can't even dig 0.1 in a year, because compared with the ASIC miner, its computing power is too small. However, it is suggested that you can participate in the WCG project to obtain reborn coins, or dig up easy counterfeit coins such as prime money and dog money, and then sell them on the platform to exchange for bitcoin
just for personal point of view, don't spray if you don't like it, thank you.
"Mr. Luo declined the invitation of the coin circle" event starts after Mr. Luo was included in the "Lao Lai" list
after being included in the "Lao Lai" list, Mr. Luo said in an article that since the business crisis in the second half of 2018, hammer technology owed about 600 million yuan to banks, partners and suppliers at the most
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extended materials:
life achievements
on May 20, 2014, Luo Yonghao, founder of hammer technology, officially released the smartisan T1 mobile phone at the press conference held by the National Conference Center
the technical team of hammer mobile phone is composed of Qian Chen, the former senior engineering manager of Motorola, the current CTO of hammer technology and 200 engineers, and smartisan T1 is designed by Robert Brunner, the former instrial design director of apple and the founder of ammunition design company, and his team
Lao Luo thinks that he is not interested in engineers' ideas. The ideal mobile phone proct that fascinates him should be one that people can't put down, that the interface is very good-looking, that the design is considerate and humanized, and that it is highly intuitive and doesn't need to read the manual
you can check and compare the spark entertainment bitcoin scam, Porter coin scam and Vicat coin scam previously exposed by bitcoin home.com. If you are interested in virtual currency, it is recommended that you play the mainstream cryptocurrency. For example, bitcoin, Leyte coin, Fuyuan coin, doggy coin, Ruibo coin, Yuanbao coin and so on.