Lightcoin Forum

1.

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

litecoin (abbreviated as 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

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

design purpose

it is based on bitcoin protocol, but it is different from bitcoin in that even at the present stage, it can efficiently "mine" 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 bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following 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

related website community

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official website of litecoin

official forum of litecoin

lightcoin China community

transactions

a peer-to-peer network similar to bitcoin handles lightcoin transactions, balances, and issues through a script workload proof scheme (when a sufficiently small hash value is found, the, A block will be created, and the lightcoin will be issued. The process of discovering the hash value and creating the block is called "mining"). The issuing rate of Leyte coins is reced by half every four years (every 840000 pieces) according to the proportional sequence, and finally the total number of LTCs is 84 million. Unlike bitcoin, the memory intensive feature of script makes it more suitable for "mining" with graphics processor (GPU). FPGA (field programmable gate array) and ASIC (application specific integrated circuit) implemented for script are more expensive than sha256 used for bitcoin

currently, lightcoin can exchange legal tender and bitcoin, most of which are through online trading platforms. Revocable transactions (such as credit card transactions) are generally not used to purchase Leyte, because Leyte transactions are irreversible, which brings the risk of refund. As of April 25, 2013, a Leyte is worth about $3.97 or 0.028 bitcoin. This makes Leyte the second largest electronic currency with a market value of about $35 million

client

litecain is a free software project released under MIT / X11 license, which allows you to run, modify and the software according to your own needs. You can also release a modified version of the software if you like

the software is released in a completely transparent form, and users can independently verify the binary version and the corresponding source code

mine pool

the lightcoin is generated by "miner's mining". Mining is done by hashing with computer graphics card. If the value of "mine burst" is calculated, the system will reward 50 lightcoins at one time. At present, the computing power of lightcoin is growing rapidly, and the miner can't find the mine through several computers. Therefore, it is necessary to join the mine pool, which collects all the computing power, It is estimated that the probability of calculating the "blasting" value is higher

at present, the well-known mine pools include BTCC (original bitcoin China) mine pool, waltc.net fish pool (f2pool), wemineltc, coinotron, silverfish, liteguardian, litecoin pool.org, etc. But at present, the highest income is f2pool. Recently, it launched lightcoin theory income + 10% of mine pool subsidy = your actual income, which has attracted the attention of many miners and the instry

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the world's main active countries, the exchange rate of digital currency <

symbol

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lightcoin

LTC

201 1

coblee

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litecoin / org

~ $3.6 billion

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script

data block chain

litecoin block chain, compared with its competitor bitcoin, can handle larger transaction volume. Due to the more frequent generation of data blocks, the network can support more transactions without modifying the software in the future
as a result, businesses can obtain faster transaction confirmation, and they can still wait for more transaction confirmation when they sell large value procts

In fact, digital virtual currency is far from the above. Forbes magazine listed the top 30 virtual currencies in the market by their total market value and price as of 10:00 a.m. local time on the 27th. Caijing.com and venture capital Post said that there are at least 60 kinds of virtual currencies currently traded According to the Forbes report, bitcoin ranked first in market value and unit price. It was the lightcoin designed by Li Qiwei, a former Google programmer, that won "erlianya". In the past week up to the 27th, the price of lightcoin rose rapidly from $6 to $26, a considerable increase. The third to fifth place in the total market value are spot money, nominal money and prime money. The report counted the 24-hour gains as of the 27th. Almost all of the 30 currencies rose, with the biggest increase of the quark currency, reaching 278.55%. The report also said that almost all virtual currencies have taken a ride in the current round of bitcoin's rise, but most of them have poor business, with 8 companies with a total market value of less than $1 million and 19 companies with a unit price of less than $1

2. Three way HD5870 is similar to hd7970 now. It can dig several bitcoins a month. A bitcoin is worth more than 1000 RMB!

3. The story is like this. In the past, there was a terrible story in every university. It said that there was something unclean in school A. every time when the 15th anniversary, Lu Xun's eyes would move in front of the school. All the teaching buildings would be cut off. The stairs would change from the original 13th level to the 14th level. The water from the water dragon head of the laboratory would turn red. And the toilet at the end of the first floor, as long as someone went in So a group of disbelieving children made an appointment to go on an expedition on the 15th day. At 12 p.m., they arrived at the gate of the school on time. Lu Xun's eyes looked to the left. They wrote down that they were afraid that when they came out, they couldn't remember if they had moved. They came to the classroom and turned on the switch. Isn't it on“ It's a lie. " One boy complained, "look again." Came to the stairway "1, 2, 3... 13 yes, it's 13 steps?" The children were a little suspicious of the truth of the legend, so they came to the laboratory again. The tap turned on the white water and it came out, "it's boring, we're coming for nothing!" The initial excitement is half gone. Finally, they came to the toilet. Although the girl said she didn't believe it, she still didn't dare to go in. So she let little C, who just said she wasn't afraid, go in and look at the table. Two minutes later, the boy came out and said, "it's all deceitful." the children broke up in a bad mood. When they went out, a doorman found them and told them how they could stay at school so late. The children ran away, and little B paid special attention to the stone statue at the door. Yes, his eyes still looked to the left, which was "deceptive." he muttered, "Hey, little B? Little c went out with you last night. Why didn't he come back? " The next morning, little C's mother called to ask. Little C didn't go to school, and the children vaguely felt wrong, so they told their teachers and parents about the adventure in the evening, and they returned to the school accompanied by alts“ what? Our eyes of Lu Xun are always looking to the right. " The headmaster listened to the children's narration and said strangely“ But when we came here yesterday, we looked to the left. "When we went out, we really looked to the right..." but there was electricity yesterday. "" we had a blackout here yesterday... How could you turn on the lights? "“ And the stairs The children quickly ran to the stairway "1, 2, 3... 12?"“ Our stairs are always 12 steps. "“ No way“ And the lab, "a child reminded." yes, the lab "and the others came to the lab. there was a dark red mark under the tap they had opened yesterday“ It's blood. "“ That... Little c went to the toilet yesterday... "Everyone felt a sense of inexplicable fear." let's go and have a look. "The headmaster also realized the seriousness of the matter... Opened the door... Little C's body suddenly appeared in front of everyone's eyes. Because of panic, his eyes were wide open, his throat was cut, and his bloody internal organs were scattered in the pool that had been dried up..." ah... "Little C's mother fainted on the spot In the past, several teachers rushed out immediately to vomit... Little B was also stunned. One second before he fainted, he caught a glimpse of little C's watch pointer stopped at 1:00... When little c entered... By the way, there was no guard on the night when they went to explore... Turn this post to more than five forums, which will not be haunted by demons and will realize a wish. Those who don't reply often... Sorry, I'm helpless

4.

In 2016, the global ranking of virtual currency is respectively as follows:

< H2 > bitcoin, Leyte, Ecuadorian, reborn, bitstock, doggy, Diablo, futurecoin, diandiancoin and Xingxing < H2 > first place: bitcoin

since its release in 2009, bitcoin has become the most well-known virtual currency. This virtual currency was developed by indivials or organizations under the pseudonym of "Nakamoto Tsung" (whose real identity has always been unknown), and is mainly used by online merchants. However, in recent years, some small physical merchants have begun to accept bitcoin payment. Through complex algorithms and a large number of computing resources, users can obtain bitcoin through "mining". Of course, they can also purchase bitcoin through exchanges or services like bitinstagnt and coinbase. The total amount of bitcoin that can be mined is about 21 million, while the current mining amount has exceeded 11 million. Bitcoin has attracted the attention of Western Union, MoneyGram and paypal. It is reported that these services are evaluating whether users are allowed to use bitcoin on their respective platforms

< H2 > second place: lightcoin

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 coin is divided into 100000000 smaller units, and the third place is defined by eight decimal places: Ecuadorian currency. In December 2014, Ecuador launched the "electronic currency system"

Ecuadorian currency, or EDC, which is a digital currency issued by the Central Bank of the government of Ecuador. In December 2014, the Ecuadorian market was launched, In 2015, the number of Ecuadorian currency members reached 500000, which will be recognized and sought after by investors after launching the European market and Asian market in 2015, and achieve a complete success. It will strongly launch the Chinese market at the end of September 2016, and will issue a limited number of 50 million pieces in China, which has a strong scarcity! This is an international hot topic with a wide range of admirers in the world. Historical currency is a kind of P2P digital code. Ecuadorian currency is not issued by a specific monetary institution. It is generated by a large number of calculations based on a specific algorithm. Ecuadorian currency economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions

decentralized encrypted digital currency has no issuing institution, and it does not belong to any indivial, institution, bank or country, so it cannot be shut down. Ecuadorian coin mining machine is mining 24 hours a day, and the extracted Ecuadorian coin can be traded through the trading platform to obtain profits. Ecuadorian coin mining refers to the scrypt algorithm, The process of collecting and sorting the transaction information that has not been recognized by Ecuadorian currency in the past period of time, broadcasting to all nodes in the whole network, and finally being recognized by all nodes and getting Ecuadorian currency. Mining is the only way to issue new currency, which plays an important role in issuing new currency, maintaining Ecuadorian payment function and ensuring system security

Like bitcoin, XRP is a digital currency based on Mathematics and cryptography. However, unlike bitcoin, XRP has no real purpose. XRP has the main function of bridging currency and ensuring security in ripple system, among which the function of ensuring security is indispensable, This requires that all gateways participating in this protocol must hold a small amount of XRP

in theory, gateways don't need to buy many xrps, and their prices are very cheap. One XRP is only 0.4 cent (as of March 14, 2015, its price has risen to about 1 cent). Like bitcoin, the number of xrps can not be "over issued" (the total number is 100 billion), but since a small amount of xrps will be destroyed in each transaction, it means that the number of xrps will graally decrease. If ripple protocol can become the global mainstream payment protocol, the gateway's demand for XRP will be more extensive - the demand is strong but the quantity is decreasing, which will lead to the appreciation of XRP

< H2 > fifth place: bitstocks

bitstocks adopt an architecture similar to bitcoin blockchain. In the bitcoin blockchain architecture, each transaction data must be written from the previous transaction data, and new outputs are generated almost at the same time to be used for future transaction data writing. Each stroke can only be used once under certain conditions. Each transaction output contains the balance information of bitcoin, proving that it can be used for future transactions. In order not to proce bitcoin out of nothing, the write value of the transaction must be greater than the output value

bitcoin uses a simple script language to evaluate the situation that the balance is insufficient when the transaction is output; However, most of the transaction output only needs the holder's encrypted signature

< H2 > sixth place: dogcoin

dogcoin, some people call it "dogcoin", was born on December 8, 2013, based on the scrypt algorithm, is the second largest virtual currency in the world after bitcoin in the number of users [1]. Digital currency is a global currency initiated by non-governmental organizations. It does not belong to a certain country, but belongs to the whole mankind. It has the advantages of fast global transfer. For example, it can remit money from China to the United States in a few seconds, with low cost, and the total amount will not be increased at will like legal money, so the total amount is relatively stable

after the launch of dogcoin system, e to the help of reddit (the doge content on this website overflows horribly), the traffic shows an explosive development. However, in two weeks, dogcoin has launched a special blog and forum, with a market value of 100 million as of June 9, 2015. Because there is no pre dig, dog coin distribution is fair, charity, reward culture is popular, and user development is amazing and rapid. On June 9, 2015, the number of Dog Coin client addresses was 1.6 million, more than five times that of Wright coin; The number of active client addresses is 196000 in bitcoin, 83000 in dogcoin and 11000 in lightcoin; There are more than 150000 foreign Twitter users, 1.7 times of bitcoin and 6 times of lightcoin. Facebook likes are the same as bitcoin, far more than lightcoin [2]. The daily real transaction volume has been ranked in the top three of virtual currency for a long time, which is still not as good as the result obtained before the big platform [3]. The biggest value of the enterprise Internet era is the huge number of users. It took one year for the user base of dogcoin to reach one third of the number of bitcoin users, and the seventh place is lightcoin, which is four times the number of bitcoin users. A special solution is one of the infinite (in fact, bitcoin is finite) solutions that can be obtained from the equations. Every particular solution can solve the equation and is unique[ 8] In the metaphor of RMB, black money is the serial number of RMB. If you know the serial number of a note, you have the note. The process of mining is to constantly seek the special solution of the equation system through huge amount of calculation. The equation system is designed to have only 22 million special solutions, so the upper limit of bitcoin is 22 million[ 8]

to mine the dark coin, you can download the special dark coin calculation tool, register various cooperative mine pool websites, fill the registered user name and password (miner user) into the calculation program, and then click the operation to officially start. After completing the installation of the darkcoin client, you can directly obtain a darkcoin address. When others pay, you only need to post the address to others, and you can pay through the same client. After installing the Black Coin client, it will distribute a private key and a public key. You need to back up your wallet data containing your private key to ensure that your property is not lost. Unfortunately, if the hard disk is completely formatted, the personal dark coin will be completely lost

5. The guild merchants of Ag power Valley sell gold coins and family treasures on the premise that the trade union reputation is enough. The 1-100 heirloom is a showdown against orgrima. Heirlooms can generally be upgraded. In addition, the dark moon circus on dark moon island also has heirloom merchants. They should sell all kinds of heirlooms, but they have to use lottery tickets, which is not easy to do~~~~

6. Now some people speculate that when this kind of price collapse occurs, bitmex tampers with the data in the background, they may be washing Q, and with these collapses, they clear the user's position and make money from it. Other platforms such as primexbt do not have such functions. This is my view of the dollar's collapse of $1000 in five minutes.

7. You can ask tiktok to sell procts, he will tell you what is going on.

8.

Lianpai community is a mobile learning software app released by Shenzhen chexiaoxi Technology Holding Co., Ltd. The software is committed to creating a global professional content proction community in the field of blockchain. It provides original video courses to help users systematically learn the basic knowledge and development trend of digital currency, and master various investment and financial management skills of currency circle

extended materials:

functions of chain community:

1. Popular videos: covering wonderful videos related to block chain at home and abroad, mastering the views of people all over the world on digital currency, exploration of block chain technology and divine words of investing in digital currency

2. Big coffee live broadcast: famous blogger, big coffee came to the scene to discuss money with users and interpret the wealth code of digital currency

3. Fresh information: provide users with today's hot topics 24 hours a day, covering blockchain, bitcoin, lightcoin, Ethereum and other news and information

Real time market: optimize the current popular investment currency and display various information, such as real-time returns and trading volume of various currencies in all exchanges; Update real-time market trends for various currencies, such as bitcoin and lightcoin