Hard split time of Leyte coin
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
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 authority. 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
other cryptocurrencies are the same. As time goes on, the speed of encryption will slow down until the output is zero. Dog coin, Fuyuan coin and bitcoin are all like this.
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.
similarly, as bitcoin, in the process of its development, there will be new problems and new changes; In other words, as long as it can promote the development of bitcoin, it is relatively good
as for the segwit2x hard fork of bitcoin, it's just like what lightcoin is to bitcoin. Isn't lightcoin based on bitcoin; Similarly, with the development of network technology and the change of people's needs, even if there is no segwit2x hard fork, there may be other technical forks.
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.
The user promises to abide by the following rules of bitcoin trading in the process of entering into bitcoin trading and concting bitcoin trading with other users through bitcoin
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Browse transaction information
when browsing bitcoin transaction information, the user should carefully read all the contents contained in the transaction information, including but not limited to bitcoin price, entrusted volume, handling charge, buying or selling direction. The user can only click the button to trade after fully accepting all the contents contained in the transaction information
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submit delegation
after browsing the transaction information and confirming that it is correct, users can submit transaction delegation. After the user submits the transaction entrustment, that is, the user authorizes niubit to act as the user's agent for the corresponding transaction matching. Niubit will automatically complete the matching transaction when there is a transaction that meets the user's entrustment price without notifying the user in advance
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View transaction details
users can view the corresponding transaction records in the transaction details of the management center to confirm their detailed transaction records
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revoke / modify a delegation
before a transaction is concluded, the user has the right to revoke or modify the delegation at any time
