Wednesday 13 December 2017

Mumbai based startup Koinex is raising funding from Beenext and Pantera Capital

About Koinex
Koinex is India's most advanced digital assets exchange. It's the first complete exchange supporting multiple cryptocurrencies/ tokens on a single platform. Built entirely from scratch, Koinex is aimed at bringing the magic of blockchain technology to India. Bitcoin - the world's first cryptocurrency - was introduced in 2009 and since then over 1000 tradable tokens have come into existence. However, for a long time India missed out on the tremendous opportunity that the rest of the world had been enjoying. And Koinex has been built to to bridge that gap.
Koinex has been built over cutting edge technology. Proprietary trading engine, wallet and platform architectures, grade A security, user-centric UI/UX, and tons of user-demanded features are some of the things which define Koinex. It's being carved to perfection, one day at a time, all with your constant love and support.

WELCOME TO INDIA'S MOST ADVANCED DIGITAL ASSETS EXCHANGE

Click here




Why is Litecoin is rising? Difference between Litecoin and Bitcoin?

Litecoin

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 are based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some minor technical differences compared to Bitcoin and other major cryptocurrencies.



History

Litecoin was released via an open-source client on GitHub on October 7, 2011, by Charlie Lee, a former Google employee. The Litecoin network went live on October 13, 2011. It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, a different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.

During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours.

Litecoin reached a $1 billion market capitalization in November 2013.[8] By late November 2017, its market capitalization was US$4,600,081,733 ($85.18 per coin).

In May 2017, Litecoin became the first of the top-5 (by market cap) cryptocurrencies to adopt Segregated Witness.[11] Later in May of the same year, the first Lightning Network transaction was completed through Litecoin, transferring 0.00000001 LTC from Zürich to San Francisco in under one second.


Differences from Bitcoin


Litecoin is different in some ways from Bitcoin.

The Litecoin Network aims to process a block every 2.5 minutes, rather than Bitcoin's 10 minutes. The developers claim that this allows Litecoin to have faster transaction confirmation.
Litecoin uses scrypt in its proof-of-work algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.
Due to Litecoin's use of the scrypt algorithm, FPGA and ASIC devices made for mining Litecoin are more complicated to create and more expensive to produce than they are for Bitcoin, which uses SHA-256. Click for WikipediaOfficial Website.

Monday 11 December 2017

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Saturday 9 December 2017

Don't miss the Geminid Meteor Shower on December 13

Geminid Meteor Shower


You won't want miss Geminid Meteor shower this month on 13th. Geminid is one of the most prolific and reliable meteors showers. You can enjoy up to 60 Geminid Showers every hour. This annual event was first recorded in 1833 from a Mississippi Riverboat. You month can enjoy darker skies due to the crescent moon not rising until dawn. The meteor shower will peak at 9pm on 13th Dec, and last till dawn of 14th.







So you have a plenty of time for the Glimpse.
Don't let your family and friends miss out. Circle the date 13th Dec 2017 and Share. Get ready for a spectacular Cosmic Show.








The Geminid meteor shower will put on a dazzling show for skywatchers when it peaks overnight on Dec. 13-14, 2017. NASA will show a live stream of the Geminid shower beginning at 9 p.m. EST (10 p.m. Central) on Dec. 13, from the Automated Lunar and Meteor Observatory at NASA's Marshall Space Flight Center in Huntsville, Alabama.


More Info:https: here



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