Sunday, July 5, 2020

LTG Launched on Dcoin — New Mode of hard disk mining may lead national mining

HDD mining, also known as “storage mining”, is a process of obtaining cryptocurrency based on hard disk memory. Compared with traditional POW mining, hard disk mining has many advantages, such as low power consumption, low noise and heat, low site requirements, low operation and maintenance costs, etc. LTG will be launched on Dcoin onMarch 20, combining cloud computing and artificial intelligence technology innovatively, and compatible with IPFs / filecoin intelligent hard disk mining protocol, opening a new era of national mining.

LTG project introduction

LTG is an open-source public chain successfully developed by the Kyrgyz LTG foundation, which is a well-known blockchain team in Silicon Valley and has lasted more than one year. LTG has a mature open-source public chain, advanced data application matrix, core technology with obvious advantages and an international investment advisory team. LTG adopts the storage mining technology, proof of storage and PoRep to store data and time-space proof, so as to generate the “fastest solution” of the block, win the mining bookkeeping right and obtain the mining reward LTG. LTG makes full use of idle resources to mine, which is an environmentally efficient and low threshold. Moreover, LTG provides security for personal and enterprise data without worrying about data leakage and low storage cost.

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The advantages of the project are obvious. It has proven mature open source public chain, advanced data application matrix, and the processing speed of memory matching technology is up to 30 million single / second. In addition, the project party has rich resources and many partners.

Based on the development of existing cloud storage technology, LTG has carried out many innovations, fully combined with cloud computing and artificial intelligence, effectively allocated each hard disk space, and realized the flexibility of cloud computing elasticity and time and space.

LTG hard disk mining, a new form of mining with the participation of the whole people

A potential miner first has to choose a storage size and mortgage collateral. The commitment includes sending messages on the LTG blockchain. Similar to Ethereum, message processing costs “fuel”. Each message specifies the maximum number of “fuel” units it will consume and the price of each unit in the LTG (LTG network token).

In the LTG storage market, miners run a command to set their storage price by creating an inquiry order that provides some details of their available storage space and the fees they charge for storage. The client presents the miner with a transaction for the documents they want to store.

If the miner wants to stop mining at any time, he can stop mining at any time and delete all the data associated with the LTG node instance.

Strong international team of LTG

Krassen mitev, chief executive officer of LTG, is a master’s degree entrepreneur from Caltech. He was once director of research and development. He is proficient in cryptography related technologies and has undertaken data security projects of top secret institutions in the country for many times. As a serial entrepreneur, he has rich practical experience in Internet product research and development, community operation, etc.

Andrew cordisio, chief technology officer, is a master of Hamburg University in Germany. He has successively served as senior engineer of Sun Microsystems and project manager of openoffice.org, a well-known open source community. He has rich first-line experience in IT technology and open source community management. It has German specific preciseness and seriousness, and has outstanding advantages in compliance.

launch of LTG on famous trading platform Dcoin with 5,600 LTG rewards

LTG / USDT will be launched on Dcoin on March 20 to share 5600 LTG in the deposit and net purchase competition.

The specific schedule is as follows:

  • March 19 15:00 (UTC + 8) Deposit of LTG will open
  • 15:00 (UTC + 8) March 20, LTG / USDT trading pair will be opened;
  • 15:00 (UTC + 8) March 21, withdrawal will be available.

During the launch, Dcoin also launched a series of activities, which can be easily operated to obtain rewards:

[activity 1] LTG for deposit

  • Activity content: during the activity, a single deposit of more than 500 LTG (included) to Dcoin will be given 15 LTG as a free gift. One account is limited to one time, first come first served.
  • Time: 15:00-15:00 on March 20, 2020 to 15:00 on March 27, 2020 (UTC + 8)
  • Target: all users of Dcoin
  • Event reward: 1600 LTG

[activity 2] net purchase competition

  • Activity content: during the activity, real name users who participate in LTG transactions and whose cumulative net purchases are ≥ 1000 LTG will be ranked according to the cumulative net purchases (top 30), and will be divided into 4000 LTG awards.
  • Time: 15:00-15:00 on March 20, 2020 to 15:00 on March 27, 2020 (UTC + 8)
  • Target: all users of Dcoin
  • Event reward: 4000 LTG

Introduction to Dcoin

Dcoin digital assets and derivatives trading platform is the first financial level digital assets and derivatives trading platform in the world. It holds the VQF digital assets trading license issued by FINMA, the Swiss financial regulatory authority, and has the security technology structure at the level of Swiss stock exchange. CEO Nico B ü Chel is the technical director of Dcoin. He has 17 consecutive years of work experience as the technical director of the Swiss stock exchange. The investment institutions of Dcoin include JRR, keyin capital, Actoz labs, etc. at present, they have operation centers in Switzerland, South Korea, Singapore and other places.

The digital assets and derivatives trading platform of Dcoin adopts the world’s leading technical framework, and the technical solution is based on Google Cloud and Amazon AWS can effectively prevent DDoS and other attacks, support dynamic and static data separation, hot data caching, remote disaster recovery and parallel expansion, and effectively avoid common errors and loopholes through a series of detection and optimization, and guarantee user transactions with financial level security technology standards.

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