Tracyhev (OP)
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October 14, 2019, 08:03:33 AM |
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What you need to know about LitecoinHD (LHD) What is LHD?LitecoinHD (hereinafter referred to as LHD) is an innovative crypto currency based on Conditioned Proof of Capacity (cPoC). Using hard disk as consensus carrier equipment for mining, LHD refined the economic model and consensus algorithm of BHD, and has the following features; Energy saving, Lower threshold for mining participation, and High performance and better revenue expectations than BHD.
LHD will redefine the distribution of global wealth distribution with a decentralized approach using PoC's innovative consensus algorithm. This is a major migration, from a centralized wealth consensus to a decentralized wealth consensus. LHD is committed to providing fairer, credible and private wealth autonomy for each of us and even for every generation, ultimately realizing wealth freedom of all mankind. LHD will break up the monopoly of centralization, leading to completely decentralized community autonomy, and complete free payment of assets.
The freedom brought by LHD can inspire everyone and lead them into the era of innovation, together breaking through the restrictions of centralized regulation. The unified synergy will finally promote the rapid development of the world and the whole society, by then mankind will arrive at the best era. The emergence of decentralization is the inevitable result of social development. It is an interpretation of equality and freedom, which allows all to clearly see the future direction of human civilization and bring unlimited possibilities. Our thoughts, like stars, shine on us to achieve an autonomous, democratic and free society. Each of us has the ability to create a brighter future in line with our free will.
The emergence of LHD is not only an innovation and challenge of the traditional blockchain technology of the PoC consensus mechanism, but also an opportunity for our perfect transformation, providing more possibilities and imagination space for building the most perfect blockchain PoC ecosystem in the world.
Innovation and Replacement in Consensus Algorithm
When resources are magnanimously used for block generation, and the cost increases gradually, crypto currency enthusiasts begin to look for alternatives to lower power consumption, which are mainly divided into two categories: one is the replacement of lower cost gain and the replacement of more general stackable components, which is the great navigational era of ASIC mining and anti-ASIC algorithm development. Second, LTC, used Scrypt algorithm at that time to combat ASIC of mining machine. Unfortunately, ASIC equipment manufacturers quickly optimized the algorithm, also made it into a mining machine, and formed a monopoly of equipment and computing power, resulting in huge energy consumption. Electric dependence and mine barriers make mining a game for a small number of people.
The LHD based on the PoC consensus appears in the identity of a change-maker, and the BTC of the traditional PoW consensus faces the challenge that the LHD can achieve lower energy consumption and is convenient for the self-made universal assembly of the miner to participate, and meanwhile, the relative high difficulty is maintained to ensure the stability of the system. However, with the development of the PoC, the self-"tired state" of the BHD is gradually revealed. Problems that PoC including the BHD has to face, such as pre-mining, packaging length, initial TPS speed, etc.,
LHD aims at many pain points that BHD failed to resolve, optimizes the underlying algorithm and reconstructing it on an optimized economic model. It not only inherits many advantages of BHD, but also greatly enriches the diversity of PoC consensus mechanism. Just as LTC is for BTC performance optimization, LHD has a lighter architecture, more sufficient total supply, faster block generation speed, better participation experience and more promising benefits than BHD. In addition to inheriting the openness and inclusiveness of BHD, it is accompanied by the popularity of PoC hard disk capacity consensus, and puts cryptocurrency into the public eye in different ways. People therefore can participate in the PoC consensus and LHD economic system construction.
Exchanges
LHD is currently listed on the following exchanges:
BitMart Exchange https://www.bitmart.com/trade/en?symbol=LHD_BHD
WTZEX https://www.wtzex.io/#/ctc?symbol=LHD%2FUSDT
Follow us on our social media accounts:
Twitter: https://twitter.com/@LitecoinHD
Telegram: https://t.me/litecoinhd
Reddit: https://www.reddit.com/user/LitecoinHD
Medium: https://medium.com/@litecoinhd1
Website: https://ltchd.io
Disclaimer: i am not part of the lhd team, im just posting this thread in their behalf.
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