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What is LcRyp Core?
LcRyp Core connects to the LcRyp peer-to-peer network to download and fully validate blocks and transactions. It also includes a wallet and graphical user interface, which can be optionally built. And the possibility of mining on your personal computer.
LcRyp Core is released under the terms of the MIT license. For more information or see Copyright (c) 2022-2024 LcRyp
For whom it was created?
The LcRyp coin was created for all those who did not have time to buy bitcoin at 50 cents) or have it on the processor of their personal computer, without video cards and without pools. Just install the ready-made version and run the application on your computer.
Mining!
The LcRyp-Qt coin allows you to mining directly from your own GUI (or from the command line) using your CPU cores!
Protection with all the best
The source code of the LcRyp coin is based on the latest version of bitcoin, so it supports all the created bitcoin achievements. Moreover, the development is carried out in such a way that the architecture of the LcRyp code supports the ability to update its code according to any future bitcoin source code updates.
Innovations in the LcRyp code are dictated by time
The main difference is in the implementation of the complexity adjustment using the MIDAS algorithm. Based on the fact that when all bitcoins started there were no super-powerful mining farms and other equipment, the algorithm for linear difficulty correction was enough for bitcoin. In this form, changes in difficulty occurred after 2 weeks. But if someone by that time had the current potency he just would have dealt all the coin in two weeks) and if it were time to change the difficulty, the coins would have ended in 2 weeks). In today's realities, it is necessary to implement a more advanced algorithm capable of dynamically changing the complexity. depending on how the power of miners changes to stabilize the average difficulty of mining a block in 10 minutes. and thus prevent super-farms from pere-minting the coin.
MIDAS - Multi Interval Difficulty Adjustment System
Responds well to sudden changes in hashing power whether up or down. Emergency adjustments if needed usually kick in within ten blocks, and in non-emergencies it’s got a responsive but gradual and well-damped adjustment. Additionally, it makes an effort to keep the block chain height approximately synchronized with real time. If it’s more behind, MIDAS will be trying to make block times about 10% faster than nominal, and if it’s more ahead, it will be trying to make block times about 10% slower than nominal. In between, there’s a linear interpolation between those speeds – meaning the point toward which MIDAS regulates will be exactly the nominal block time whenever there’s an exact correspondence between block height and real time. By checking multiple different intervals and making adjustments only when there is agreement as judged by several intervals as to which way and approximately how extreme the adjustment should be, MIDAS both avoids twitchiness and permits fairly extreme adjustments when they are actually needed. Because the intervals it checks have no common divisor, it is also extremely resistant to timewarp attacks; there are no 'harmonics' for an attacker to exploit that would allow bogus timestamps at particular intervals to reinforce each other leading to spurious adjustments, and no way for a bogus timestamp to cause a disproportional difficulty adjustment.