What do you think of K-line
all three major domestic exchanges can trade: bitcoin China BTCC, bank okcoin and currency network Huobi. In addition to bitcoin, only lightcoin can trade in these three exchanges. It can be seen that lightcoin is comparable to bitcoin in terms of security and recognition
whether you can invest or not depends on the specific situation of the indivial. You can't give specific suggestions
there will be an important upgrade of Leyte soon, and the K-line chart shows that the current price is at a historical low
finally, I would like to remind you that many MLM teams now see the value of bitcoin and lettercoin, such as global circulation, anonymity, decentralization and so on. We must carefully distinguish between bitcoin and lettercoin in the name of MLM.
litecoin (abbreviated as LTC, currency symbol: Ł) 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.
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
however, once it reaches the bottom of the market, it will start to warm up. Don't forget, last year was a big bull market after LTC / BTC fell below 1%
will LTC return to zero
I don't think so. I'm not saying that LTC will not fall any more. I'm just saying that if BTC has a bull market in the future, LTC will certainly have a bull market. The essence of LTC's current decline is that the niche coincides with BTC, which has no characteristics and application. The myth that scrypt algorithm can resist mining machine has been shattered
but what about other counterfeit coins
e to the strategy of fast halving, the computing power of dog coin is far from enough to compete with LTC. In theory, other algorithms such as X11 and x13, which are known to be able to resist mining machines, will be cracked sooner or later. In fact, coins such as mark and black, which are characterized by anonymity, are not very competitive. Anonymity is just a small demand, Can you imagine that money will be completely anonymous in the future? Anonymity is always just a small demand
I saw a "dark forest theory of cryptography currency" before, and I really forgot who put forward it in the circle. What I said was that under the premise of mining machinery, the currency of sha256 algorithm is easy to be killed by Avalon, so it doesn't grow very long; Now scrypt algorithm mining machine comes out, who is the master of this algorithm field? It can only be LTC. After a lot of currencies fall to a certain extent, they are in danger without the support of computing power. They speed up the capital flight, then speed up the escape of computing power, and enter the dead cycle. It's very difficult to get out and finally die slowly
dog coin is now in such a cycle. Coupled with the fact that it has been halved too fast, the escape of computing power is more obvious. Without computing power, the pow coin is a joke. The system is weak, and the big money can only go out, but the price has been falling, so can computing power. In addition, dog is just a fad culture, just like Jiangnan style, Who else is singing in the street now? Therefore, the prospect of dog coin is very bad. The dog coin is like this, and other scrypt coins are not worth mentioning. It seems that LTC dominates scrypt algorithm
BTC applications are colorful and LTC applications are scarce, which can't be compared. However, other currencies don't seem to have any applications either. All kinds of second-generation coins are too busy to worry about. Therefore, it's not a problem. When BTC rises sharply, it's expected that LTC will rise more than BTC
of course, I'm not encouraging you to buy the bottom. I haven't entered the LTC since 60
References: http://zl.yibite.com/point/2014/0814/13553.shtml
