Welcome to the 34th Coin Report. In today’s report, I will be assessing the fundamental and technical strengths and weaknesses of Constellation. This will be comprised of an analysis of a number of significant metrics, an evaluation of the project’s community and development and an overview of its price-history. The report will conclude with a grading out of 10. Constellation launched in 2017 with a private sale that raised $35.2mn in exchange for 756mn DAG – the utility token for the Constellation Network. This amounted to 18.9% of the original 4,000,000,000 DAG maximum supply; however, as a gesture of good will, the founders burned the 288mn tokens originally allocated to them, leaving the maximum supply at 3.71bn DAG. The team raised no further funds following this. DAG was created as an ERC-20 token for accessibility purposes, but, upon the launch of the Mainnet in October, these tokens will be swapped for the native Directed Acyclic Graph tokens; hence the ticker, DAG.
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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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Litecoin has been beaten down for the last 3 months, from a high of over $140 USD to a current price of just shy of $55 USD. The question is where to from here? The current near-term low of $50 USD will be a crucial, line in the sand for the altcoin moving forward. After quite a violent prior week down, it is unclear whether or not this is the capitulation of...
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Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, litecoin is nearly identical to Bitcoin.
Abbreviated HKCU, HKEY_CURRENT_USER stores settings that are specific to the currently logged-in user. The HKEY_CURRENT_USER key is a link to the subkey of HKEY_USERS that corresponds to the user; the same information is accessible in both locations. The specific subkey referenced is "(HKU)\(SID)\..." where (SID) corresponds to the Windows SID; if the "(HKCU)" key has the following suffix "(HKCU)\Software\Classes\..." then it corresponds to "(HKU)\(SID)_CLASSES\..." i.e. the suffix has the string "_CLASSES" is appended to the (SID).