Leyte 1000
was released on October 7, 2011. It is currently the highest market value counterfeit coin, about 1% of BTC's market value, or US $1000W. Compared with BTC, LTC is faster, with an average of 2.5 minutes and 6 confirmations per block in 15 minutes. In addition, the number of LTCs is four times that of BTCs, with a total of 8400w. At present, LTC uses scrypt algorithm, which needs a lot of memory support. The professional mining machine on the market can not be used for LTC mining, only the graphics card
what is the difference between lightcoin and bitcoin
1. Transaction: easier to use, larger volume and greater appreciation potential. The block confirmation time is shorter, which is four times faster than bitcoin. For example, pizza owners are more willing to accept LTC payment to save transaction time< Mining:
special algorithm creates the unique charm of LTC, which is also the key to stand out from Shanzhai coins. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory, each hash is used as the input seed, and then needs a lot of memory to store another seed pseudo-random sequence, Generate pseudo-random points of sequence and output hash value. The key is that scrypt algorithm needs a lot of memory while sha256 algorithm does not. So in this era when BTC mining of graphics card is coming to an end, LTC mining is about to usher in a golden period of development. Because of the high cost of memory, any ASIC or FPGA has no advantage over graphics card mining. LTC has advantages, at least in the foreseeable future
3. The biggest threat of bitcoin is 51% attack:
some shanzhais are killed by 51% attack. To be honest, LTC is a worry for the development of LTC and BTC, of course. However, the specific problems they face are different: BTC can avoid 51% attack through technology upgrading (such as end block reconstruction, careful node upgrading, and calculation difficulty), However, there is no way to evade LTC technology. However, e to the scattered computing power of graphics card mining and the increasing difficulty, this problem needs to be paid attention to, but don't worry too much. With the use of ASIC in BTC, the risk of 51% attack is increasing. I hope BTC development team can solve this problem as soon as possible.
According to the domestic bitcoin, lightcoin trading platform bitcoin China and fire coin network quotation: at present, the price of lightcoin is about 58 yuan
recently, e to the FBI auction of bitcoin and the rumor that the Bank of communications will thoroughly investigate the account number of bitcoin trading platform and the impact of bitcoin core developers' outcry for stagnation in the development of bitcoin basic protocol, the prices of bitcoin and lightcoin have dropped. Among them, the price of lightcoin has not been affected by the rising price of bitcoin. The price is moderate and keeps growing slowly. When the price of bitcoin falls, lightcoin still falls
extended data:
design purpose
based on bitcoin protocol, but different from bitcoin, 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
2. Don't simply define what MLM is. Many people don't know how to pretend to understand it, and they gloat over it. They want you to lose money and watch it
3. Investing in BTC, LTC, and EGD will not be a problem. Over the past few years, the problems have been caused by the investors' families or friends around them. The solution is that you should learn to operate by yourself
4. In recent three years, most of the collapsed investment platforms in China are entities, and some of them are fake virtual coins. Now I'm talking about lightcoin, which is as reliable as bitcoin. The characteristics or advantages of investing Wright coin, no matter whether it increases or does not increase in value, players are making a lot of money. For example, 1000 Wright coins are a single (today's price is 26). 3 yuan a piece), get 10 coins a day, 220 coins a month, but can withdraw 60%, the remaining 40% storage, when stored to 1000, automatically upgrade to 2000, that is, two single, then get 20 coins a day, and so on
5. Note that since 2014, many domestic financial experts have commented on how bad bitcoin is, and some messy people will also make sarcastic remarks. Over the past two years, there have been comments on videos and bad articles, but all of them are wrong. Why? Because it's new. It is impossible for backward cultural environment to accept new things in time. Looking at the latest and cutting-edge things depends on what people in the United States or other developed countries are doing.
since the 12.5 announcement at the end of 2013, bitcoin has entered a long-term downturn, especially the 5.4 incident, which is a very big turning point. However, at present, e to the transfer of some funds from the stock market into the bitcoin market, the prices of bitcoin and lightcoin have recovered to a certain extent
there are risks in investment, so you should be cautious in purchasing currency!
bitcoin is a big experiment of socialization, which has gained wide attention in China since October 2013, especially a large number of reports from domestic media. CCTV media has also reported bitcoin positively for many times, which leads to people's wrong tone towards bitcoin. In addition, the US held an optimistic attitude towards bitcoin in the November hearing, The price of bitcoin was less than 1000 yuan, and it soared to 8000 yuan in less than two months. With the rise of the price of bitcoin, some counterfeit bitcoins are also rising, and lightcoin is one of the representatives.
232.7600 USD
24-hour maximum
212.1000 USD
24-hour minimum
this is the exchange rate unit of okcoin, which is US dollar. Each exchange is different, for reference
At present, the price of bitcoin is about 3000 yuan. 1000 bitcoins is 300000 yuan, or 3 million yuan. The following is the quotation of major platforms:
other well-known digital currencies include Wright coin, Ruitai coin, dog coin, Weimeng coin, etc< br />