Rumor of split Leyte
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
in technology, lightcoin has almost the same implementation principle as bitcoin. It is based on an open source encryption protocol in the process of creation and transfer. Like bitcoin, lightcoin is also not managed by the central authorities
as we all know, bitcoin is proced through mining machine. The Leyte coin is also proced by "mining". In the whole mining process of Leyte coin, the computer graphics card will carry out the relevant hash operation. When our "miner" calculates the "burst value", you can get 50 Leyte coins. However, with the continuous growth of the computing power of Wright coin, it is not possible to use a few "mining machines" to dig Wright coin. Therefore, it can only be added to the "ore pool", so that all the calculation power can be collected, and the "ore burst value" can be calculated more easily
the expected total number of online currencies for lightcoin is 84 million, which is four times the amount of online currencies issued by bitcoin. We can use Leyte currency to exchange legal currency and bitcoin. In general, it is through online trading platform. Since the transaction of Leyte coin is irreversible, the revocable transaction cannot be carried out, because it will bring the risk of refund.
for security, some bitcoin players have switched to Ethereum and lightcoin platforms. Because lightcoin and bitcoin have the same open source code and similar operating system, it is often considered as the successor when bitcoin system collapses.
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
At 15:16 on June 20, 2015, the price of bitcoin in China is: 17.27 yuan / piece. Here is the market chart:
In fact, the recent wncry virus is not the first time that blackmail software has become powerful. Not long ago, Android system also appeared a blackmail software, mobile phone encryption after ransom. After the software was checked and killed, it soon made a comeback with an upgraded version. This new version of blackmail software infects files with a random key, and even attackers don't know how to unlock it. Even users pay ransom in vain
we can see that with the continuous development of IT technology, although there are many IT employees, the main employees are mainly concentrated in the fields of mobile platform, cloud and artificial intelligence, and the most popular programming language has graally evolved from C and C + + for underlying operation to managed Java or even go language for modeling. The field of information security is a technology that directly faces the bottom. Fewer and fewer people are engaged in the bottom programming, which means that the number of practitioners of information security is getting smaller and smaller. The direct consequence of this phenomenon is that the backward technology can attack the advanced technology in the network world, which is very similar to the invasion of advanced civilization by the backward barbarians in human society. The recent outbreak of wncry virus may come from North Korea, which also confirms this trend from the side. Some organizations and even countries are not qualified to engage in high-end technology, but the virus they write can spread all over the world. Blackmailer software has further expanded the scope of attack, such as online games, smart cars and wearable devices have a large number of leaks. Reviewing the history of such software can be roughly divided into the following stages
from the current situation, there is no sign of easing the bifurcations of bitcoin, but the emergence of bitcoin ETF and wncry virus has pushed the price of bitcoin to new highs. Personally, I think the short-term rate of bitcoin will probably exceed 20000 RMB. However, considering that there is not all the competition for bifurcations among varieties such as lightcoin, from the perspective of investment, if bitcoin falls again e to the competition for bifurcations, it is actually good for lightcoin. Therefore, if some readers hold a lot of bitcoin and do not want to sell it, You can consider hedging with long Leyte
from the perspective of information security, the bifurcation problem is likely to affect bitcoin's status as a ransom for blackmail virus. The author thinks that the virus accepting Wright coin and ether coin as ransom will be born soon
however, blockchain currencies are more or less troubled by processing speed, and the encryption algorithm is not easy to upgrade. In the long run, the risk is relatively high, and the signs of short-term price manipulation are relatively obvious. If the psychological enrance is not strong, just watch their running track