Laite coin founder financial channel
Publish: 2021-04-27 18:00:16
1. Unknowingly, bitcoin has been in dispute for nearly eight years. Since its birth, people have loved and hated bitcoin. Supporters firmly believe that bitcoin can subvert the existing monetary system, while opponents think it is worthless<
recently, the identity of Satoshi Nakamoto, the father of bitcoin, was accidentally exposed, which made bitcoin, which had graally faded out of the public's view, hot again. However, Craig, an Australian businessman with low-key and simple daily behavior, is still in the market; It took only five days for Craig Wright to admit that he had no courage to give up and prove that he was Nakamoto
not surprisingly, the mystery of "Nakamoto Tsung" will continue
"the twists and turns of Zhongben Cong's identity have not brought significant impact on the bitcoin market," Li Qiyuan, President of bitcoin China (BTCC), said in an interview with the first Financial Daily yesterday (May 9). As an innovative thing, bitcoin has been able to survive and grow steadily in the past few years, marking a kind of success. Liu Shengjun, executive vice president of China Europe Lujiazui Institute of international finance, is worried about the development prospect of bitcoin. "At present, no government is willing to give up its management power and accept bitcoin to replace legal tender."< On November 1, 2008, Nakamoto published a research report in a secret cryptography discussion group, in which the concept of bitcoin was first proposed. In 2009, the world's first bitcoin algorithm software appeared. In just four years after that, the price of bitcoin increased by hundreds or even thousands of times, which eclipsed other investment targets
as the creator of bitcoin, "Nakamoto Tsung" not only grasps the most core technology, but also increases people's curiosity and speculation about his real identity because of its huge wealth brought by about 1 million bitcoins (the current price of one bitcoin is about 2970 yuan)< On May 2, Wright publicly told several major overseas media that he was the so-called "Nakamoto Tsung", the founder of bitcoin, which aroused heated discussion in the market<
(the price trend of bitcoin in the past year)
Wright, 46, is a computer scientist and an entrepreneur. When he introced himself at the 2015 bitcoin investor conference, he said that he was a scholar, engaged in business research, and had a doctor of law and a master's degree in statistics
according to foreign mainstream media, Wright confirmed his identity as "Nakamoto Tsung" from a technical point of view by using the bitcoin owned by the founder of bitcoin. Wright also said publicly that it was not easy to make a decision to disclose his identity, and the reason for his clarification was his love and concern for his work, which he "hoped to eliminate the false legends and worries surrounding bitcoin"
as the Internet world continues to argue about Wright's real identity, the plot takes a major turn< On May 6, Wright suddenly published an open letter entitled "I'm sorry", saying that he "has no courage" to continue to prove his identity as "Nakamoto Tsung"
"I believed that I could end the years of hiding and hiding. However, with the events of the past week fermenting, I was going to publish the evidence that I had the initial block, but I couldn't stand it. I don't have the courage. I can't do it. " Wright said<
Wright once said in his public identity that he did not want money, nor did he want to be famous, nor did he want to be worshipped, but only wanted to be alone. Li Qiyuan told China Business Daily that if he really wanted to live his own life, why did he suddenly choose to expose his identity
obviously, the emergence of Wright has not completely ended the mystery of "Nakamoto" and investors are more concerned about the impact of "Nakamoto" on the price of bitcoin
Gong Ming, the founder of blockchain pencil, told the first financial daily that the identity of "Zhongben cong" will not have a substantial impact on the market, but is more symbolic. Unless "Nakamoto Tsung" sells a lot of bitcoin, it will not have an impact on the price of bitcoin. "From 2009 to now," Nakamoto Tsung "is not a person who has a strong desire for money and will not buy or sell bitcoin because of the high or low value of the currency."< Recently, Zug, a small Swiss town, announced that from July 1 this year, buyers will be allowed to pay for its public services with bitcoin as the payment method. Although there are still great limitations in the scope and amount of this payment method, the small progress is enough to cheer bitcoin's staunch admirers
from the beginning, virtual goods can only be purchased on the Internet, to now, bitcoin can be converted into multi-national currencies, and there are many twists and turns along the way
in February 2014, Mt. GOx, the world's largest bitcoin trading platform at that time, said that bitcoin was stolen e to large-scale hacker attacks, with a total loss of $470 million, and the platform declared bankruptcy. Affected by this, the price of bitcoin plummeted from more than $600 to $102 in just a few seconds, a drop of 83%
in January 2015, bitstamp, one of the most reliable bitcoin trading platforms in the world, was attacked by hackers, resulting in the theft of at least US $5 million of bitcoin, causing panic among some cryptocurrency holders. The openness and security of bitcoin cause instry concern. When the negative news came out, bitcoin was finally recognized by the regulatory authorities
in September 2015, the US Commodity Futures Trading Commission (CFTC) confirmed for the first time that bitcoin and other virtual currencies are defined as commodities, which means that bitcoin is classified as commodities like gold and oil, and trading behavior will comply with all commodity derivatives market rules; In October of the same year, the European Court of justice formally ruled that bitcoin and other virtual currencies in Europe should be exempt from VAT just like traditional currencies. Because according to the relevant provisions of the EU, "currencies, bank bills and coins used as legal tender" do not need to pay VAT. Bitcoin has taken a solid step towards legalization
nevertheless, the market is still worried about whether bitcoin, which reached a historical peak of more than 8000 yuan in 2013, can return to its former glory
at present, the price of bitcoin is hovering around 2900 yuan, which is much more stable than the previous ups and downs, and the trading volume of bitcoin has also dropped significantly
"I don't think bitcoin has changed from hot to cold. Compared with the sharp rise and overheating in 2013, I think it is now the normal price of bitcoin. In 2013, bitcoin rose from tens of dollars in January to thousands of dollars in less than a year, overdrawing the later increase, so it has been falling back after 2013." Gong Ming told the first financial daily
how much is bitcoin worth? It is estimated that bitcoin players, exchanges, mining machine manufacturers and even bitcoin creators can not give an accurate answer
although the value of bitcoin cannot be determined, one thing is certain that the number of bitcoins is certain. Because the "issuance" of bitcoin depends on complex calculation, it is essentially different from the "printing" mode of traditional currency issuance. The total amount of bitcoin graally increases according to the design predetermined rate, and the increase rate graally slows down, and finally reaches the limit of 21 million in 2140. The instry estimates that the total amount has reached 15.5 million
Li Qiyuan believes that the limited number of bitcoin is in sharp contrast to the inflation and the decline in the purchasing power of fiat money caused by the massive printing of money by central banks“ The goal of bitcoin is not to replace the existing currency, but to become a universal digital asset in the world and provide convenience for people's lives. "
it is generally expected that with the departure of short-term speculators, the continuous development of bitcoin related applications and the improvement of infrastructure, the digital currency represented by bitcoin will be in a benign development stage
in addition to bitcoin, there are also outstanding digital currencies such as lightcoin, Ethereum, dogcoin and Ruitai coin.
recently, the identity of Satoshi Nakamoto, the father of bitcoin, was accidentally exposed, which made bitcoin, which had graally faded out of the public's view, hot again. However, Craig, an Australian businessman with low-key and simple daily behavior, is still in the market; It took only five days for Craig Wright to admit that he had no courage to give up and prove that he was Nakamoto
not surprisingly, the mystery of "Nakamoto Tsung" will continue
"the twists and turns of Zhongben Cong's identity have not brought significant impact on the bitcoin market," Li Qiyuan, President of bitcoin China (BTCC), said in an interview with the first Financial Daily yesterday (May 9). As an innovative thing, bitcoin has been able to survive and grow steadily in the past few years, marking a kind of success. Liu Shengjun, executive vice president of China Europe Lujiazui Institute of international finance, is worried about the development prospect of bitcoin. "At present, no government is willing to give up its management power and accept bitcoin to replace legal tender."< On November 1, 2008, Nakamoto published a research report in a secret cryptography discussion group, in which the concept of bitcoin was first proposed. In 2009, the world's first bitcoin algorithm software appeared. In just four years after that, the price of bitcoin increased by hundreds or even thousands of times, which eclipsed other investment targets
as the creator of bitcoin, "Nakamoto Tsung" not only grasps the most core technology, but also increases people's curiosity and speculation about his real identity because of its huge wealth brought by about 1 million bitcoins (the current price of one bitcoin is about 2970 yuan)< On May 2, Wright publicly told several major overseas media that he was the so-called "Nakamoto Tsung", the founder of bitcoin, which aroused heated discussion in the market<
(the price trend of bitcoin in the past year)
Wright, 46, is a computer scientist and an entrepreneur. When he introced himself at the 2015 bitcoin investor conference, he said that he was a scholar, engaged in business research, and had a doctor of law and a master's degree in statistics
according to foreign mainstream media, Wright confirmed his identity as "Nakamoto Tsung" from a technical point of view by using the bitcoin owned by the founder of bitcoin. Wright also said publicly that it was not easy to make a decision to disclose his identity, and the reason for his clarification was his love and concern for his work, which he "hoped to eliminate the false legends and worries surrounding bitcoin"
as the Internet world continues to argue about Wright's real identity, the plot takes a major turn< On May 6, Wright suddenly published an open letter entitled "I'm sorry", saying that he "has no courage" to continue to prove his identity as "Nakamoto Tsung"
"I believed that I could end the years of hiding and hiding. However, with the events of the past week fermenting, I was going to publish the evidence that I had the initial block, but I couldn't stand it. I don't have the courage. I can't do it. " Wright said<
Wright once said in his public identity that he did not want money, nor did he want to be famous, nor did he want to be worshipped, but only wanted to be alone. Li Qiyuan told China Business Daily that if he really wanted to live his own life, why did he suddenly choose to expose his identity
obviously, the emergence of Wright has not completely ended the mystery of "Nakamoto" and investors are more concerned about the impact of "Nakamoto" on the price of bitcoin
Gong Ming, the founder of blockchain pencil, told the first financial daily that the identity of "Zhongben cong" will not have a substantial impact on the market, but is more symbolic. Unless "Nakamoto Tsung" sells a lot of bitcoin, it will not have an impact on the price of bitcoin. "From 2009 to now," Nakamoto Tsung "is not a person who has a strong desire for money and will not buy or sell bitcoin because of the high or low value of the currency."< Recently, Zug, a small Swiss town, announced that from July 1 this year, buyers will be allowed to pay for its public services with bitcoin as the payment method. Although there are still great limitations in the scope and amount of this payment method, the small progress is enough to cheer bitcoin's staunch admirers
from the beginning, virtual goods can only be purchased on the Internet, to now, bitcoin can be converted into multi-national currencies, and there are many twists and turns along the way
in February 2014, Mt. GOx, the world's largest bitcoin trading platform at that time, said that bitcoin was stolen e to large-scale hacker attacks, with a total loss of $470 million, and the platform declared bankruptcy. Affected by this, the price of bitcoin plummeted from more than $600 to $102 in just a few seconds, a drop of 83%
in January 2015, bitstamp, one of the most reliable bitcoin trading platforms in the world, was attacked by hackers, resulting in the theft of at least US $5 million of bitcoin, causing panic among some cryptocurrency holders. The openness and security of bitcoin cause instry concern. When the negative news came out, bitcoin was finally recognized by the regulatory authorities
in September 2015, the US Commodity Futures Trading Commission (CFTC) confirmed for the first time that bitcoin and other virtual currencies are defined as commodities, which means that bitcoin is classified as commodities like gold and oil, and trading behavior will comply with all commodity derivatives market rules; In October of the same year, the European Court of justice formally ruled that bitcoin and other virtual currencies in Europe should be exempt from VAT just like traditional currencies. Because according to the relevant provisions of the EU, "currencies, bank bills and coins used as legal tender" do not need to pay VAT. Bitcoin has taken a solid step towards legalization
nevertheless, the market is still worried about whether bitcoin, which reached a historical peak of more than 8000 yuan in 2013, can return to its former glory
at present, the price of bitcoin is hovering around 2900 yuan, which is much more stable than the previous ups and downs, and the trading volume of bitcoin has also dropped significantly
"I don't think bitcoin has changed from hot to cold. Compared with the sharp rise and overheating in 2013, I think it is now the normal price of bitcoin. In 2013, bitcoin rose from tens of dollars in January to thousands of dollars in less than a year, overdrawing the later increase, so it has been falling back after 2013." Gong Ming told the first financial daily
how much is bitcoin worth? It is estimated that bitcoin players, exchanges, mining machine manufacturers and even bitcoin creators can not give an accurate answer
although the value of bitcoin cannot be determined, one thing is certain that the number of bitcoins is certain. Because the "issuance" of bitcoin depends on complex calculation, it is essentially different from the "printing" mode of traditional currency issuance. The total amount of bitcoin graally increases according to the design predetermined rate, and the increase rate graally slows down, and finally reaches the limit of 21 million in 2140. The instry estimates that the total amount has reached 15.5 million
Li Qiyuan believes that the limited number of bitcoin is in sharp contrast to the inflation and the decline in the purchasing power of fiat money caused by the massive printing of money by central banks“ The goal of bitcoin is not to replace the existing currency, but to become a universal digital asset in the world and provide convenience for people's lives. "
it is generally expected that with the departure of short-term speculators, the continuous development of bitcoin related applications and the improvement of infrastructure, the digital currency represented by bitcoin will be in a benign development stage
in addition to bitcoin, there are also outstanding digital currencies such as lightcoin, Ethereum, dogcoin and Ruitai coin.
2.
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
3. Lightcoin is a kind of digital virtual currency, which is similar to but different from bitcoin. These virtual digital currencies are calculated by mathematical algorithm program to get a series of numbers and letters. In order to understand the market of Leyte currency, we need to go to the professional Leyte currency trading platform for detailed and further understanding. At present, the domestic Leyte currency trading platform is more professional and formal
http://tieba..com/safecheck/index?url=x+Z5mMbGPAsY/M/Q/ +0F9cuoglZ0mWgPSsR2lbVfu3pr+xI3k4IPor+8Mx4Aubb13aBkT/9itqayQJ2Pah4egTNMg==
http://tieba..com/safecheck/index?url=x+Z5mMbGPAsY/M/Q/ +0F9cuoglZ0mWgPSsR2lbVfu3pr+xI3k4IPor+8Mx4Aubb13aBkT/9itqayQJ2Pah4egTNMg==
4. Lightcoin, English name is liteoin, short for LTC, was born on November 9, 2011, the founder is Charlie Lee
the purpose of lightcoin is to improve bitcoin, so it has many similarities with bitcoin. In the instry, there is a saying of "bitcoin, lightcoin silver". Compared with bitcoin, the total amount of lightcoin is larger and the confirmation speed is faster
the total number of litecoin is four times that of bitcoin, 84 million; Its proction halved in four years, just like bitcoin; Its consensus mechanism is the same as bitcoin's workload proof mechanism (POW); Its block time is 2.5 minutes, a quarter of that of bitcoin, and it packs a block every 2.5 minutes; The earliest block reward of Laite coin is 50 Laite coins. Up to now (January 2018), Laite coin block reward is 25 Laite coins, with a circulation of about 54 million.
the purpose of lightcoin is to improve bitcoin, so it has many similarities with bitcoin. In the instry, there is a saying of "bitcoin, lightcoin silver". Compared with bitcoin, the total amount of lightcoin is larger and the confirmation speed is faster
the total number of litecoin is four times that of bitcoin, 84 million; Its proction halved in four years, just like bitcoin; Its consensus mechanism is the same as bitcoin's workload proof mechanism (POW); Its block time is 2.5 minutes, a quarter of that of bitcoin, and it packs a block every 2.5 minutes; The earliest block reward of Laite coin is 50 Laite coins. Up to now (January 2018), Laite coin block reward is 25 Laite coins, with a circulation of about 54 million.
5. This is more than the founder selling his Leyte coins, which certainly has an impact on others.
6.
At 10:00 a.m. on July 3, the opening price of Leyte was 283 yuan / piece, and the highest price was 324 yuan / piece at 13:00 a.m. on July 3, with a 3-hour rise of 14%
7. Domestic bitcoin baby, hengchi created by a financial channel host, is a Laite coin mine. You can try it. You can consult customer service if you don't understand. Also, it's not cost-effective to dig Wright's coin now. Lightcoin has been stinked by miner. Now the computing power of Leyte coin is also very high. If you just dig with your computer, it's OK. It's hard to dig. You can only smash the electricity bill. It is suggested that you go to bitcoin home to see the latest news and learn some basic mining principles. The difficulty of mining increases and you should decide whether to mine or not.
8. Fire chain finance is the wind vane of bitcoin news instry
9.
money circle, one day, ten years on earth
the high housing prices destroyed the post-80s and post-90s
and then the world came back. Today's virtual currency
the post-80s also pulled back a round. Whether it is worth buying is not to see whether its current price is high or low
but to see whether it has value in the future and whether it will be useful for everyone's life There must be only a few bitcoins in total.
bitcoin has become a kind of value preservation proct corresponding to gold
decentralized anonymity advantage
bitcoin comparable to gold
moreover, more and more businesses have accepted bitcoin transactions
some institutions have also accepted bitcoin donations, and bitcoin ATM has become a hot topic Put into use
the second is
Ethereum (ETH)
it can be said that it is an evolutionary version of bitcoin
bitcoin is gold, Ethereum is silver
Ethereum's technology can be applied to real world applications
JPMorgan Chase, Microsoft, etc. are all optimistic about Ethereum technology
In my opinion, the most stable return is the twoand the other multifarious currencies have gone up and down sharply. Ordinary people's hearts can't stand
at present, domestic users can buy through this website
transactions
it's not the price rise of the currency but the price rise of the currency through the bar The number of coins is rising
10. The father of lightcoin talks about Nakamoto: it doesn't matter who Nakamoto is
it's reproced from lightcoin house
recently, a news about the inventor of bitcoin Satoshi Nakamoto's appearance in California made the whole instry fall into the crazy pursuit of this "mysterious man" again, but this news was finally proved to be untrue. Unlike the inventor of bitcoin, the identity of Charles Lee, the inventor of lightcoin, has always been clear. Recently, he received an exclusive interview with the reporter of the first financial daily
BTC China (bitcoin China), the world's largest bitcoin trading platform, also officially launched lightcoin trading on March 4. This virtual currency is likely to become the most popular cryptocurrency after bitcoin<
Mr. Nakamoto "shows up"
Newsweek reported on Thursday that Mr. Nakamoto lives in temple, east of Los Angeles, California. His real name is Dorian Satoshi Nakamoto. The 64 year old, who owns $400 million worth of bitcoin, doesn't live in luxury, the report said. He graated from Caltech with a degree in physics and seems to have the necessary skills to develop cryptocurrency. In addition, he was involved in safety and communications at the Federal Aviation Administration (FAA)
in an interview with the associated press, Nakamoto said that the media misunderstood this. Nakamoto said he had never heard of bitcoin. He firmly denied that he was the inventor of bitcoin. He repeatedly stressed: "I have nothing to do with bitcoin."<
it's not so important who Nakamoto is.
bitcoin fans' expectations of Nakamoto's appearance have failed again. However, recently, a reporter from China business daily interviewed Charles Lee, the founder of the virtual currency lightcoin, whose trading volume and market value are second only to bitcoin. For the reports that the media are eager to lift the veil of Nakamoto, Lee thinks that it doesn't matter who Nakamoto is. People just need to pay attention to the fact that bitcoin itself is valuable
Lee is currently working for a company dedicated to the development of bitcoin trading platform and wallet“ I think the success of lightcoin and bitcoin complement each other. Working on bitcoin is also good for the success of lightcoin. " He said
"before I knew about bitcoin, I had been investing in gold, which I think is a good way to fight inflation. But I came into contact with bitcoin three years ago. I think it is digital gold, and it has many other advantages compared with gold. For example, bitcoin can be infinitely divided and sent to other people without cost, but it also has a disadvantage compared with gold, that is, there is no corresponding physical object. " Lee said
in fact, Lee's first counterfeit coin project is not Wright coin, but fairbrix virtual coin. Fairbrix is a clone of tenebrix, a virtual currency. Tenebrix was founded in 2011. However, Lee believes that the developers of tenebrix dig up their own coins and collect 7 million tenebrix for themselves before they officially release tenebrix. This is very unfair“ Therefore, the community is interested in creating a zero pre mining tenebrix clone to make it more equitable. " Lee said
unlike bitcoin, the workload proof function of fairbrix written by Lee uses the crypt encryption algorithm instead of the SHA-256 encryption function adopted by bitcoin. Unfortunately, fairbrix is a failed project
but Lee's next attempt at counterfeit money was a success. In October 2011, he launched lightcoin, which integrates the code of bitcoin client and eliminates the program failure of killing fairbrix
there are many important differences between lightcoin and bitcoin. Unlike bitcoin's 21 million cap, lightcoin's cap is 81 million. In order to make the "mining" activity more democratic, lightcoin also integrates the workload proof crypt encryption algorithm from tenebrix project
"the advantage of scrypt design is that it can participate in" mining "by using CPU instead of using integrated circuit (ASIC) like bitcoin, which is the so-called expensive" mining machine. " "The relationship between bitcoin and lettercoin is more complementary than competitive," Lee said. In different situations, people can use different virtual currencies. For example, when shopping, you can use lightcoin to pay, because its transaction confirmation time is shorter, and when making large amount transfers, you can choose bitcoin, because it is more secure. "
when talking about other counterfeit currencies, Lee said that many of them are just scams and tools for developers to make money. He has not found other counterfeit currencies that can "compete" with bitcoin yet“ Ordinary investors can judge whether a counterfeit coin is worth investing from two aspects. First, it depends on the number of coins g up in advance. If developers have a lot of such counterfeit coins in advance, they are likely to make profits from them; The second is whether the developers are serious about the program. " Lee added. In addition, he expressed his interest in an unpublished virtual currency Ethereum, which may have a place in the future virtual currency world
it is worth mentioning that BTC China officially launched the lightcoin transaction on March 4. According to the data provided by bitcoin China, on the day of its launch, the number of visits to the website surged, with a total transaction volume of more than 30 million yuan in three days. Lee believes that bitcoin's launch in China further illustrates the fact that it is the most popular cryptocurrency after bitcoin.
it's reproced from lightcoin house
recently, a news about the inventor of bitcoin Satoshi Nakamoto's appearance in California made the whole instry fall into the crazy pursuit of this "mysterious man" again, but this news was finally proved to be untrue. Unlike the inventor of bitcoin, the identity of Charles Lee, the inventor of lightcoin, has always been clear. Recently, he received an exclusive interview with the reporter of the first financial daily
BTC China (bitcoin China), the world's largest bitcoin trading platform, also officially launched lightcoin trading on March 4. This virtual currency is likely to become the most popular cryptocurrency after bitcoin<
Mr. Nakamoto "shows up"
Newsweek reported on Thursday that Mr. Nakamoto lives in temple, east of Los Angeles, California. His real name is Dorian Satoshi Nakamoto. The 64 year old, who owns $400 million worth of bitcoin, doesn't live in luxury, the report said. He graated from Caltech with a degree in physics and seems to have the necessary skills to develop cryptocurrency. In addition, he was involved in safety and communications at the Federal Aviation Administration (FAA)
in an interview with the associated press, Nakamoto said that the media misunderstood this. Nakamoto said he had never heard of bitcoin. He firmly denied that he was the inventor of bitcoin. He repeatedly stressed: "I have nothing to do with bitcoin."<
it's not so important who Nakamoto is.
bitcoin fans' expectations of Nakamoto's appearance have failed again. However, recently, a reporter from China business daily interviewed Charles Lee, the founder of the virtual currency lightcoin, whose trading volume and market value are second only to bitcoin. For the reports that the media are eager to lift the veil of Nakamoto, Lee thinks that it doesn't matter who Nakamoto is. People just need to pay attention to the fact that bitcoin itself is valuable
Lee is currently working for a company dedicated to the development of bitcoin trading platform and wallet“ I think the success of lightcoin and bitcoin complement each other. Working on bitcoin is also good for the success of lightcoin. " He said
"before I knew about bitcoin, I had been investing in gold, which I think is a good way to fight inflation. But I came into contact with bitcoin three years ago. I think it is digital gold, and it has many other advantages compared with gold. For example, bitcoin can be infinitely divided and sent to other people without cost, but it also has a disadvantage compared with gold, that is, there is no corresponding physical object. " Lee said
in fact, Lee's first counterfeit coin project is not Wright coin, but fairbrix virtual coin. Fairbrix is a clone of tenebrix, a virtual currency. Tenebrix was founded in 2011. However, Lee believes that the developers of tenebrix dig up their own coins and collect 7 million tenebrix for themselves before they officially release tenebrix. This is very unfair“ Therefore, the community is interested in creating a zero pre mining tenebrix clone to make it more equitable. " Lee said
unlike bitcoin, the workload proof function of fairbrix written by Lee uses the crypt encryption algorithm instead of the SHA-256 encryption function adopted by bitcoin. Unfortunately, fairbrix is a failed project
but Lee's next attempt at counterfeit money was a success. In October 2011, he launched lightcoin, which integrates the code of bitcoin client and eliminates the program failure of killing fairbrix
there are many important differences between lightcoin and bitcoin. Unlike bitcoin's 21 million cap, lightcoin's cap is 81 million. In order to make the "mining" activity more democratic, lightcoin also integrates the workload proof crypt encryption algorithm from tenebrix project
"the advantage of scrypt design is that it can participate in" mining "by using CPU instead of using integrated circuit (ASIC) like bitcoin, which is the so-called expensive" mining machine. " "The relationship between bitcoin and lettercoin is more complementary than competitive," Lee said. In different situations, people can use different virtual currencies. For example, when shopping, you can use lightcoin to pay, because its transaction confirmation time is shorter, and when making large amount transfers, you can choose bitcoin, because it is more secure. "
when talking about other counterfeit currencies, Lee said that many of them are just scams and tools for developers to make money. He has not found other counterfeit currencies that can "compete" with bitcoin yet“ Ordinary investors can judge whether a counterfeit coin is worth investing from two aspects. First, it depends on the number of coins g up in advance. If developers have a lot of such counterfeit coins in advance, they are likely to make profits from them; The second is whether the developers are serious about the program. " Lee added. In addition, he expressed his interest in an unpublished virtual currency Ethereum, which may have a place in the future virtual currency world
it is worth mentioning that BTC China officially launched the lightcoin transaction on March 4. According to the data provided by bitcoin China, on the day of its launch, the number of visits to the website surged, with a total transaction volume of more than 30 million yuan in three days. Lee believes that bitcoin's launch in China further illustrates the fact that it is the most popular cryptocurrency after bitcoin.
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