Why Couldn’t Guling Coin Rise (Guling Coin Revenue)
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Why can’t Gulin coins rise? Why can’t Gulin coins rise? In the early days of Bitcoin, Gulingcoin was considered as the “king of blockchain”, which was a Cryptocurrency based on Cryptography. But as time goes by, people gradually realize the importance of this value storage method and its impact on the social economy Due to this characteristic, its price has experienced significant fluctuations; At the same time, its network effect has also led many users to doubt whether the Guling coin has practical applications
Since 2013, projects such as Ethereum and Litecoin have been welcomed by many users. However, due to the launch of these projects and suggestions from some community members, many investors view them as an investment tool for long-term speculation and trading. However, these people do not understand what the spirit coin is, so they have not been involved in such projects So since there is a reason to say, “We now have such a huge wealth opportunity. If we can continue to maintain our position in this market and achieve better results compared to other competitors, then I believe more large funds will be invested in this field in the next decade, It is created by the code behind it. As a virtual currency, Gulingcoin not only has its own native token, but also holds its own unique code. However, due to its development team being a highly skilled technician, the innovation of this technology may not quickly attract large-scale users, making it difficult to attract new investors to enter Why can’t Gulin coins rise? The reason is simple: firstly, it is an extremely inefficient network system that relies on the mining ability of a single miner. When the computing power in the mining pool exceeds a certain proportion, it will automatically perform block out operations (i.e. block rewards). The second scenario is that there is a large amount of computing power inside the mining pool for others to use or purchase, which means that the cost of the entire system is high and the running speed is slow. Once the computing power in the mining pool is insufficient, it will affect the performance of the main chain, causing miners to be unable to effectively utilize the main network resources and maintain the server’s ability; The third scenario is because its consensus mechanism is not stable enough and cannot effectively protect the security of the protocol, resulting in hard forking and network paralysis, making it one of the attack targets The second reason is that its incentive model is too centralized. Although many counterfeit currencies have been launched or are currently being tested, such as BCH, BSV, etc., these currencies are still of little use. In addition, although some exchanges have announced the issuance of tokens, a considerable number of new tokens have not received official support, such as BNB, XRP, etc., which are all supported by newly issued tokens, meaning their prices are fundamentally unrelated In addition, some well-known companies and individuals in the current market are actively promoting this process, and the reason for the price increase of Gulingcoin is also due to the speculation of its founder, Mr. Li Qiyuan. He said, Since Li Qiyuan’s invention,
The mining yield of Guling coin is high and currently in a stable state. According to CoinMarketCap data (market display) The current price of Guling coin is 10.9 yuan per piece, with a market value of approximately RMB 840 million US dollars. According to current prices, the total supply of Gulin coins is 128000 pieces. Due to Bitcoin reaching a historic high of $2 on December 24, 2017, there has been a great interest in investing in BTC; However, the market’s enthusiasm for this Cryptocurrency seems not so strong recently
The transaction cost of Ethereum ancient LingCoin is also extremely low. According to statistics, each service charge of Ethereum is about 0.0008ETH, that is, more than 1000 transactions can be processed per second, and the average daily cost is about 50Gwei. (Block rhythm)
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