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.
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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.
After a flurry of further media speculation, on 6 August 2008, the US Attorney's Office in Manhattan closed its investigation into Ledger's death without filing any charges and rendering moot its subpoena of Olsen. With the clearing of the two doctors and Olsen, and the closing of the investigation because the prosecutors in the Manhattan US Attorney's Office "don't believe there's a viable target," it is still not known how Ledger obtained the oxycodone and hydrocodone in the lethal drug combination that killed him.
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Ledger went on to win the Academy Award for Best Supporting Actor, becoming the second person to win a posthumous Academy Award for acting (after fellow Australian actor Peter Finch, who won for 1976's Network), as well as the first comic-book movie actor to win an Oscar for their acting. Ledger's family attended the ceremony on 22 February 2009, with his parents and sister accepting the award on stage on his behalf. Following talks with the Ledger family in Australia, the Academy determined that Ledger's daughter, Matilda Rose, would own the award. However, due to Matilda's age, she will not gain full ownership of the statuette until her eighteenth birthday in 2023. Her mother, Michelle Williams, will hold the statuette in trust for Matilda until that time.
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‘.
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In his penultimate film performance, Ledger played the Joker in Christopher Nolan's 2008 film The Dark Knight, which was released nearly six months after his death. While working on the film in London, Ledger told Sarah Lyall in their New York Times interview that he viewed The Dark Knight's Joker as a "psychopathic, mass murdering, schizophrenic clown with zero empathy". For his work on The Dark Knight, Ledger posthumously won the Academy Award for Best Supporting Actor, which his family accepted on his behalf, as well as numerous other posthumous awards, including the Golden Globe Award for Best Supporting Actor, which Christopher Nolan accepted for him. At the time of his death on 22 January 2008, Ledger had completed about half of the work for his final film performance as Tony in Terry Gilliam's The Imaginarium of Doctor Parnassus. Gilliam chose to adapt the film after his death by having fellow actors Johnny Depp, Jude Law, and Colin Farrell play "fantasy transformations" of his character so that Ledger's final performance could be seen in theatres.
^ "A Place To Be: Reflections Of Nick Drake". A Place To Be. Archived from the original on 18 February 2009. Retrieved 18 March 2008. A Place To Be: a collection, a celebration, in film, photography, painting, drawing and prose, of the impact the music of Nick Drake has had on other artists ("Introductory film" includes excerpts of the music video, Black Eyed Dog, by Heath Ledger, among others.)
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^ "Egyptian Theatre Programming" (PDF). American Cinematheque Film Calendar. americacinematheque.com. 5 October 2007. Retrieved 18 March 2008. This very special evening celebrating [Drake's] life and music includes films, guests and a unique art and photographic exhibit. It includes the World Theatrical Premiere of 'Their Place: Reflections On Nick Drake', 2007, Bryter Music, 30 min. Various Directors – a series of short filmed homages to Nick Drake – created by admirers including Heath Ledger, Jonas Mekas and Tim Pope. (NOT ON DVD!) ...
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Over 98% of cryptocurrency is stored securely offline and the rest is protected by industry-leading online security. Your account is also subject to the same scrupulous safety standards, including multi-stage verification and bank-level security. You can even lock the app with a passcode, or remotely disable your phone’s access to the app if it gets lost or stolen.
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In February 2019, Coinbase announced that it had acquired "blockchain intelligence platform" Neutrino, an Italy-based startup, for an undisclosed price. The acquisition raised concern among some Coinbase users based on Neutrino founders' connection to the Hacking Team, which has been accused of providing internet surveillance technology to governments with poor human rights records. On March 4, 2019, Coinbase CEO Brian Armstrong said his company "did not properly evaluate" the deal from a due diligence perspective and thus any Neutrino staff who previously worked at Hacking Team "will transition out of Coinbase."
Ledger had aspirations to become a film director and had made some music videos with his production company The Masses, which director Todd Haynes praised highly in his tribute to Ledger upon accepting the ISP Robert Altman Award, which Ledger posthumously shared, on 23 February 2008. In 2006, Ledger directed music videos for the title track on Australian hip hop artist N'fa's CD debut solo album Cause An Effect and for the single "Seduction Is Evil (She's Hot)". Later that year, Ledger inaugurated a new record label, The Masses Music, with singer Ben Harper and also directed a music video for Harper's song "Morning Yearning".
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Speaking of editing The Dark Knight, on which Ledger had completed his work in October 2007, Nolan recalled, "It was tremendously emotional, right when he passed, having to go back in and look at him every day. ... But the truth is, I feel very lucky to have something productive to do, to have a performance that he was very, very proud of, and that he had entrusted to me to finish." All of Ledger's scenes appear as he completed them in the filming; in editing the film, Nolan added no "digital effects" to alter Ledger's actual performance posthumously. Nolan dedicated the film in part to Ledger's memory, as well as to the memory of technician Conway Wickliffe, who was killed during a car accident while preparing one of the film's stunts.
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On 15 July 2008, Fife-Yeomans reported further, via Australian News Limited, that "While Ledger left everything to his parents and three sisters, it is understood they have legal advice that under Western Australia law, Matilda Rose is entitled to the lion's share" of his estate; its executors, Kim Ledger's former business colleague Robert John Collins and Geraldton accountant William Mark Dyson, "have applied for probate in the West Australian Supreme Court in Perth, advertising for 'creditors and other persons' having claims on the estate to lodge them by 11 August 2008 ... to ensure all debts are paid before the estate is distributed...." According to this report by Fife-Yeomans, earlier reports citing Ledger's uncles, and subsequent reports citing Ledger's father, which do not include his actual posthumous earnings, "his entire fortune, mostly held in Australian trusts, is likely to be worth up to $20 million."
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