In Monday morning local time trading, Google’s parent company Alphabet’s share price broke through 1,000 US dollars and once reached US$1007.40.
This is Google’s first crossover of the $1,000 checkpoint after its public listing in August 2004, which is 20 times that year.
This year, Alphabet's stock price has risen by about 25%, and its current market value is more than 690 billion US dollars.
According to data provider FactSet, there are currently only 16 US stocks that cost more than 1,000 US dollars. There are only two technology stocks except Google, one is Amazon, which just entered the 1,000-dollar club on May 30, and the other is an online travel company. Priceline Group.
Litecoin is an online currency based on peer-to-peer technology and is an open source software project under the MIT/X11 license. It can help users make instant payments to anyone in the world [2]. Litecoin was designed and programmed by a programmer (Li Qiwei) who used to work at Google, and launched on January 9, 2011. Litecoin is an improved digital currency inspired by Bitcoin. The technical principle of Litecoin is the same as that of Bitcoin. It also adopts a decentralized architecture, without any central authority control, and the issuance of new coins and the transfer of transactions and payments are based on open source encryption algorithms, etc. These are all imitated the design principle of Bitcoin. However, Litecoin tries its best to improve the shortcomings that Bitcoin has shown before, such as too slow transaction confirmation, small total cap, the emergence of large mining pools caused by proof-of-work mechanism and so on, SHA256 algorithm [1].
Litecoin, which aims to improve Bitcoin, has three significant differences. First, the Litecoin network can process a block every 2.5 minutes instead of 10, thus providing faster transaction confirmation. Second, the Litecoin network is expected to produce 84 million litecoins, four times the amount of money issued on the Bitcoin network. Each litecoin is divided into 100 million smaller units, defined by eight decimal places.
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