Daily calculation cycle of virtual currency

1. It's not a simple formula that can explain it. It's a kind of calculation of computer network system, which is very tedious. You just need to understand that. If you want to make bitcoin, I hope you'd better download the genuine software

2. Litecoin

litecoin (LTC), released on October 7, 2011, is the most valuable counterfeit coin at present, accounting for about 2% of BTC's market value. The current unit price is US $2.31, with a total currency value of US $38 million

this is also a distributed (decentralized) digital currency. Unlike the sha256 mining algorithm used by bitcoin, LTC adopts scrypt algorithm. Scrypt algorithm uses sha256 as its subroutine, and scrypt itself needs a lot of memory. Each hash is used as the seed of the input, and then it needs a lot of memory to store another pseudo-random sequence to generate the pseudo-random points of the sequence and output the hash value. In the mining of BTC (bitcoin), it is not enough to rely on simple graphics card mining (it takes about ten to dozens of days to dig a BTC with general configuration graphics card). The emergence of various expensive mining machines has raised the threshold for ordinary people to get BTC through mining, while LTC has certain advantages in using PC graphics card mining This passage comes from Zhihu.)

compared with BTC, litecain has made a little improvement in technology. If BTC is gold now, LTC is silver for the time being

the biggest advantage of litecoin is that it can confirm the authenticity faster. The virtual currency is designed and maintained by Charles Lee. Bitcoin transactions need to be verified, and the average verification time is more than 10 minutes. Most transaction websites need 1 hour to verify. The average transaction confirmation time of liteoin is 2.5 minutes. Developers claim that shortening the verification time increases the practicability of virtual currency. The bitcoin mining efficiency of customized machine and AMD GPU is the highest, making it almost unprofitable for miners using CPU mining. Litecain's mining excludes GPUs and custom processors, so it doesn't rely too much on a small number of professional miners

ppcoin

ppcoin (PPC) was released on August 19, 2012, which has improved the original technology of BTC. Use proof of make and add the concept of coin age

ppcoin is a bifurcated project of bitcoin, which aims to achieve energy efficiency and maintain the best performance of the original bitcoin as far as possible. The unit price of ppcoin is US $0.22 and the total currency value is US $4 million

ppcoin does not have a fixed upper limit of money supply, but it does not mean that ppcoin has obvious inflation compared with bitcoin. Bitcoin can be compared to gold. The annual inflation rate of gold is about 1-3%. Although gold has no known upper limit of money supply, we still know that it is a reliable scarce commodity

ppcoin has two types of casting: work certificate and equity certificate. The coinage rate of working proof is affected by Moore's law, which depends on the doubling of our working proof ability. What we all know is that Moore's law will eventually come to an end. By then, the ppcoin of inflation may be close to the gold level. The annual maximum inflation rate of certificate of equity is 1%. At the same time, ppcoin's transaction costs were destroyed to fight inflation. So on the whole, the coin design of ppcoin is still a very low inflation design in the future, which can be comparable with bitcoin<

ppcoin's reward is similar to lottery, which will determine the winning probability according to the number of ppcoin held by miners. Sunny king, one of the founders, said that their design is based on a new concept of long-term energy efficiency

terracoin

terracoin (TRC) was released on October 26, 2012, with a total currency of 42 million. The speed of each block is 2 minutes, slightly faster than LTC. There is not much special in technology, similar to the proction of BTC halved every four years

however, the operation team seems to have a strong business background and may be better than other bitcoins in circulation. The development of virtual currency is getting more and more attention. Now some teams with business background will accelerate the development of virtual currency

namecoin

namecoin is a distributed domain name system based on bitcoin technology. Its principle is the same as bitcoin. The first release date of this open source software is April 18, 2011

namecoin is generated from an original block which is different from bitcoin's main trading block. It uses a new blockchain, which is independent of bitcoin's blockchain. Because it is based on bitcoin, the security, distribution, robustness, encryption and migration of domain names are guaranteed mathematically. You can dig bitcoin and namecoin at the same time

this project was discussed and proposed by bitdns, which is mainly dissatisfied with the defects of DNS. The only top-level domain name of namecoin is. Bit. It costs namecoin to register a. Bit domain name.

3. It's the problem of computational cryptography. The hash value, who is right, belongs to the new block, and gets a certain bitcoin as a reward. In addition, the income from the handling charges of all blocks generated in the block can also be obtained. Look at 58coin. It's explained in detail.

4. The algorithm of each trading platform is different, which should be calculated according to the platform
some platforms are calculated by 24 hours, some by day, and some by average price. Specific algorithm or to ask the relevant trading platform, this is no standard answer
there are risks in digital currency investment, especially since digital currency has recently entered a bear market, investment should be more cautious. It is better to invest in mainstream digital currencies such as bitcoin, bitcoin cash and wikilink, which have passed the test of the market.

5. Vpay wallet, or Vpay, is a fully open network payment platform. It is almost the same as Alipay or WeChat. The difference is that Vpay is developed on the basis of block chaining technology. It can smoothly achieve point to point cross border transfer without any fee. Mark & Chen, founder of vpay digital assets; Milo Marc Mino, a former technology executive at Google, was born in the United States in 1976 and graated from California State University of technology with a bachelor's degree in physics. From April 2008 to October 2011, I was in charge of Google x Department of Google. From January 2013 to may 2016, I worked as a manager in project ara Department of Google. In 2009, he was awarded the top ten outstanding young people in the United States. In 2012, he won the IEE "outstanding technical achievement award". In 2014, he won the 13th Steve Award for American business. In 2015, he published a research report on cryptography in time, the most authoritative magazine in the United States, which made outstanding contributions to international enterprises and carried out confidentiality work for the U.S. military. In 2016, vpay labs was founded. The technical team carried out optimization on the basis of reborn coin opencoin algorithm, and successfully developed vpay digital assets mining with circulation computing power. In 2017, vpay app was launched to create a new fast, safe and borderless payment tool.

6. One of the differences: the score is different
Tencent credit score: the lowest is 300 points, the highest can be 850 points< Zhima credit score: the lowest score is 300, the highest is 950.
the second difference: different scoring standards
Tencent credit score: the score is obtained through comprehensive evaluation of the five indexes of "performance, security, wealth, consumption and social interaction"
sesame credit score: mainly through the five dimensions of "performance ability, identity characteristics, behavior preference, interpersonal relationship and credit history"
the third difference: enjoy different rights and interests
at present, as Tencent credit score is still in the testing stage, the services it can enjoy are particularly limited, but comparatively speaking, sesame credit score has been developed for a period of time, with more complete functions
Tencent credit score, the most anticipated is "micro particle loan", but for now, there is no correlation between Tencent credit score public test qualification and micro particle loan. Of course, it does not rule out the positive significance of Tencent credit score query to the opening of micro particle loan entrance.

7. The amount of game currency is only based on three points, which has nothing to do with the number of people killed, the length of the game, the victory or defeat, and only 75% of the gold coins used in computer games. If you want to earn the fastest gold, then, obviously, playing computer can ensure victory. Normally, playing simple computer will not lose, as you know. As for the game time, the longer the game time, the more money the game will give. Does it take a long time to play? The answer is no, because there is a minimum limit for the game, that is, how many game coins are given to you at least in each set. The faster you finish a set, the faster you will make money
there is a video on the Internet, adding 4 passers-by as friends, brushing money for a long time, 5 people all choose meat as a little hero, level 1 pushes the tower in the middle, and wins in 10 minutes. If you can't add passers-by, it's very fast to make money by playing a simple computer with single person matching. Although you have to dect 25% by playing a computer, it's stable and efficient

I hope I can help you if I can help you with the best answer