What does the 3x under virtual currency represent

1. On October 7, 2011, a network organization announced the release of a new P2P virtual currency, called lightcoin (LTC)

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.

2.

TEDA coin (usdt) is a token launched by tether company, which is based on the stable value currency US dollar (USD). 1 usdt = 1 US dollar. Users can use usdt to exchange 1:1 with USD at any time

tether company strictly abides by the 1:1 reserve guarantee, that is, every usdt token issued, its bank account will have a capital guarantee of $1. Users can query funds on the tether platform to ensure transparency

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extended data:

the functions of usdt are as follows:

1. Avoiding the overall risk of decline

in currency trading, there are three common situations, taking LTC / BTC trading as an example:

after buying LTC with BTC, BTC and LTC are both rising, and you enjoy two profits

after buying LTC with BTC, BTC and LTC will rise and fall one by one. Your income depends on the rise and fall of the two currencies, which is bigger. Only if the increase of any one is greater than the decrease of the other, can we make money. Anyway, it's a loss. If the fluctuation is equal, there will be no profit or loss

after buying LTC with BTC, both currencies are falling in extreme market, so you need to bear two losses. This is often the most frustrating

but with usdt, when the currency price falls, you can immediately change the currency into usdt, so as to ensure that your assets will not shrink

The reverse operation of digital currency withdrawal is very simple. Usdt company says that investors can transfer US dollars to the bank account of tether company through swift or exchange usdt through bitfinex exchange

if you make a lot of profits and want to withdraw cash, you can first convert your currency into usdt, and then convert it into US dollars through tether or other platforms. Here you can find that if you complete the authentication of usdt company, you can trade directly on other currency trading platforms that do not need authentication, and you do not need to authenticate other platforms again

3. 3.15 has passed, but the government has done nothing about virtual currency. However, it is said that digital currency is one of the focuses of the government's crackdown. Before, P2P was checked, and many people ran away. Pyramid schemes of digital currency also emerge in endlessly, and it is normal for the government to investigate them. Before that, many rampant MLM coins have been severely investigated by the government
but not all virtual currencies are illegal, and many of them are excellent, such as bitcoin, Ruitai coin, Laite coin and other mainstream digital cryptocurrencies.

4. There are too many digital currencies with a total of 30 million, including 28 million Swiss Thai coins and 21 million bitcoins
the development of this kind of digital currency depends on the quantity. There are more than 30 million digital currencies. Dogcoin is a typical example. Although dogcoin is the digital currency with the second largest number of users in the world after bitcoin, its recent development momentum is not optimistic. The total number of thousand gold cards is only 3 million, but the development momentum is good.

5. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

warm tips:
1. The above explanations are for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious
response time: February 25, 2021. Please refer to the official website of Ping An Bank for the latest business changes
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6. The teacher is very serious, ha ha, but don't ask questions in class. The next day, they will come out the courseware of the day before, which can be downloaded to learn. Generally speaking, they are a group of people who work hard.

7. There are a lot of such cases in the number of RMB titles that you have shown. It can be said for sure that this does not belong to the wrong currency. Although the horizontal position of the number seems to be a bit biased, it does not constitute the element of the wrong currency. Wrong currency refers to the content of the template, or the pattern, text error, and the crown is not engraved on the template, so it does not belong to wrong currency.

8. How many different currency values can the following three banknotes constitute? 1 jiao, 10 yuan and 20 yuan

A: there are three different currency values: 1 + 10 = 11 yuan
1 + 20 = 21 yuan
10 + 20 = 30 yuan

9. Because there is no specific value of each currency, we can only answer as follows:
1. If the values of three currencies are different,
then
if one currency is the same, there are three
there are three groups in a group of two
three pieces in a group, there is one
there are seven different currencies
two. If two of them are the same, there are
1 + 2 + 1 = 4
different currencies
three. If
three identical coins
then
there are! ++ 1 = 3
currencies

10. The remaining 4 / 1 of the real money is put on the counterfeit money.