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Showing posts with label Compares. Show all posts
Showing posts with label Compares. Show all posts

Thursday 16 August 2018

Freebitco.in roll 10000 script free 2018

August 16, 2018 11



Earn 0.1 up to 2 Bitcoin Everyday with 

Freebitco.in Roll Script

Genuine Roll 10000 Script Limited Edition 2018

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Getting Started


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https://satoshibox.com/b4b3m6hjq4pyp5usm25ckt6p
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1) Start off by creating a new user account at Freebitco.in. Log in and keep the page open on Freebitco.in home page. 

2)Download the script and open it in text editor. Copy the text in the script file.

3)Go back to Freebitco.in website. Make sure you are still logged in and that you are on the homepage. If you are using Chrome, press 'CTRL+Shift+I' to open the developers console.

4)Select 'Console' in the top menu of the developers console.

5)Paste the copied text in the 'Console' window and hit the Enter key.

6)The game will roll automatically and stop at 10,000. Your winnings will be added to your account.

7)Wait for the timer to expire after 1 hour and follow the same process.

8)We recommend you transfer your total winnings to your Bitcoin wallet at the end of every day.

https://www.oronjo.com/p/CMYNQiiekMiGAXi4M
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Sunday 18 February 2018

What is the Difference Between Litecoin and Bitcoin?

February 18, 2018 1
In 2009, Satoshi Nakamoto launched bitcoin as the world's first cryptocurrency. The code is open source, which means it can be modified by anyone and freely used for other projects. Many cryptocurrencies have launched with modified versions of this code, with varying levels of success.
Litecoin Logo
Litecoin was announced in 2011 with the goal of being the 'silver' to bitcoin's 'gold'. At the time of writing, Litecoin  has the highest market cap of any mined cryptocurrency, after bitcoin.
Here's our guide to show you the crucial difference between bitcoin and litecoin.

At-a-glance differences

bitcoinlitecoin
Coin limit21 Million84 Million
AlgorithmSHA-256Scrypt
Mean block time10 minutes2.5 minutes
Difficulty retarget2016 block2016 blocks
Block reward detailsHalved every 210,000 blocks.Halved every 840,000 blocks
Initial reward50 BTC50 LTC
Current block reward25 BTC50 LTC
Block explorerblockchain.infoblock-explorer.com
Created bySatoshi NakamotoCharles Lee
Creation dateJanuary 3rd, 2009October 7th, 2011
Market cap$10,467,596,650.78$540,274,528.26
 Bitcoin Statistics Litecoin Statistics

Mining differences

Just like bitcoin, litecoin is a crytocurrency that is generated by mining. Litecoin was created in October 2011 by former Google engineer Charles Lee. The motivation behind its creation was to improve upon bitcoin. The key difference for end-users being the 2.5 minute time to generate a block, as opposed to bitcoin's 10 minutes. Charles Lee now works for Coinbase, one of the most popular online bitcoin wallets.
ASIC Mining
ASIC Mining
For miners and enthusiasts though, litecoin holds a much more important difference to bitcoin, and that is its different proof of work algorithm. Bitcoin uses the SHA-256 hashing algorithm, which involves calculations that can be greatly accelerated in parallel processing. It is this characteristic that has given rise to the intense race in ASIC technology, and has caused an exponential increase in bitcoin's difficulty level.
Litecoin, however, uses the scrypt algorithm - originally named as s-crypt, but pronounced as 'script'. This algorithm incorporates the SHA-256 algorithm, but its calculations are much more serialised than those of SHA-256 in bitcoin. Scrypt favours large amounts of high-speed RAM, rather than raw processing power alone. As a result, scrypt is known as a 'memory hard problem'.
The consequences of using scrypt mean that there has not been as much of an 'arms race' in litecoin (and other scrypt currencies), because there is (so far) no ASIC technology available for this algorithm. However, this is soon to change, thanks to companies like Alpha Technologies, which is now taking preorders.
Bitcoin Mining Rig
GPU mining
To highlight the difference in hashing power, at the time of writing, the total hashing rate of the bitcoin network is over 20,000 Terra Hashes per second, while litecoin is just 95,642 Mega Hashes per second.
For the time being, 'state of the art' litecoin mining rigs come in the form of custom PCs fitted with multiple graphics cards (ie: GPUs). These devices can handle the calculations needed for scrypt and have access to blisteringly fast memory built into their own circuit boards.
There was a time when people could use GPU mining for bitcoin, but ASICs have made this method not worth the effort.

Transaction differences

The main difference is that litecoin can confirm transactions must faster than bitcoin. The implications of that are as follows:
  • Litecoin can handle a higher volume of transactions thanks to its faster block generation. If bitcoin were to try to match this, it would require significant updates to the code that everyone on the bitcoin network is currently running.
  • The disadvantage of this higher volume of blocks is that the litecoin blockchain will be proportionately larger than bitcoin's, with more orphaned blocks.
  • The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.
  • A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with bitcoin.
Transaction speed (or faster block time) and confirmation speed are often touted as moot points by many involved in bitcoin, as most merchants would allow zero-confirmation transactions for most purchases. It is necessary to bear in mind that a transaction is instant, it is just confirmed by the network as it propagates.
Bitcoin Litecoin image via Flickr. Mining Rig image via Wikipedia. Mining USB devices Image via Shutterstock.
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