October 2015
Beginner to intermediate
236 pages
5h 16m
English
Content preview from Learning BitcoinBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Alternative coins
The Bitcoin software is open source and available to the public. From the public repository, many "alternative coins" have been created by copying the source code and re-configuring specific parameters. Each alt-coin can implement a different ruleset independent of any other alt-coin.
Generally, alt-coins implement different quantities for the total money supply or different block rates. For example, Litecoin has a total supply of 84 million coins and a mining rate of approximately two minutes.
Other alt-coins may implement a built-in inflation. For example, Friecoin has a built-in demurrage that's 5 percent per year. Basically, if you hold 1 Friecoin, it will be worth 5 percent less if you spend it one year later. This was used ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.