Current Cryptocurrency News: cryptocurrency

Post Top Ad

Your Ad Spot
Showing posts with label cryptocurrency. Show all posts
Showing posts with label cryptocurrency. Show all posts

Sunday, September 10, 2017

What is litecoin

September 10, 2017 5

Litecoin (LTC) is a cryptocurrency project and open source peer-to-peer software released under MIT / X11 license. Inspired by and technically almost identical to Bitcoin (BTC), litecoin creation and transfer are based on open source protocols and not managed by the central authority.
After Bitcoin, Ethereum, and Ripple, litecoin is the fourth-largest true cryptocurrency based on market capitalization.

Litecoin was released via an open-source client at GitHub on October 7, 2011 by Charles Lee, a former Google employee. The fork of the Bitcoin-Qt client, differs primarily by having a decrease in block generation time, increased maximum number of coins, different hashing algorithms (scrypt, not SHA-256), and slightly modified GUIs.
During November 2013, the aggregate value of litecoons experienced substantial growth which included a 100% jump within 24 hours.

Litecoin reached a $ 1 billion marketcap in November 2013. In December 2016, its market capitalization was US $ 177.4 million at a price of $ 3.60.


Litecoin version 0.8.5.1 was released in November 2013. The release includes fixes for vulnerabilities and added enhanced security to the litecoin network.
The litecoin developer team released version 0.8.6.1 in early December 2013. The new version offered a 20x transaction cost reduction, along with security and other improvements in client and network performance. Source code and binaries released early for people on IRC channel #litecoin ", in official litecoin forums, and Reddit, with information for power users to add litecoin supernodes to the configuration file, while the main site is to be updated after enough networking runs new version. This release method is used to ensure that low cost transactions from version 0.8.6.1 clients will not be delayed by the client running the old version.

In April 2014, a new version of litecoin was released, version 0.8.7.1, which fixed some minor issues along with important fixes related to the Heartbleed security bug.

Differences from Bitcoin

Litecoin offers three major differences from Bitcoin.The litecoin Network aims to process blocks every 2.5 minutes instead of Bitcoin this 10 minutes, which developers claim allows for faster transaction confirmation. Weaknesses are a higher probability of orphaned blocks. Benefits may include greater resilience for multiple expenditure attacks over the same period of bitcoin. However, the amount of work done is a consideration. For example, if litecoit Networks have relatively ten times less computing work done per block than bitcoin networks, bitcoin confirmation is about ten times harder to reverse, although litecoone Networks are likely to add confirmation blocks at a rate four times faster.Litecoin uses scrypt in its proof-of-work algorithm, sequential hard-memory functions require asymptotic memory over an algorithm that is not memory-hard.The Litecoin Network will generate 84 million Litecoins, or four times as many currency units as those issued by the Bitcoin Network.The originally intended goal of using scrypt is to allow miners to mine both Bitcoin and litecoin at the same time. The option to use scrypt is also partially to avoid giving advantage to video card (GPU), FPGA and miner ASIC more miners CPU.Because of the use of litecoin for scrypt algorithms, FPGA and ASIC devices made for more complicated litecoin mining to make and more expensive to produce than they are for bitcoin, which uses SHA-256. This is widely because schema hashing schemes become more memory intensive; improve memory requirements for ASICs and FPGAs.A peer-to-peer network similar to Bitcoin handles transactions, balances and issuance of litecoin through scrypt, proof-of-work schemes (Litecoins are issued when a small enough hash value is found, where a block point is created, the process of finding this hash and creating block called mining). The level issuing forms a geometry series, and the portion of each 840,000 blocks, approximately every four years, reaches the final total of 84 million LTC.Litecoin transactions are recorded in blockchain litecoin (the ledger owned by most clients). A new block is added to the blockchain approximately every 2.5 minutes (each time a small enough hash value is found for the proof-of-work scheme). Transactions are usually considered complete after six blocks, or 15 minutes, although for smaller transactions, less than six blocks may be required for adequate security.Source from Wikipedia
Read More
By at 5 comments:
Labels:

Saturday, September 9, 2017

What is Ethereum

September 09, 2017 0

What is Ethereum ?
And Are you ready for the Ethereum?
Since when did Ethereum appear?
Oke, Ethereum or ordinary in short with ETH, Ethereum is a platform block chain with programming language as a place to store Ether money wealth. Ethereum is a big project created by Vitalik Buterin in 2013.

Ethereum is the same as blockchain however, the difference between Bitcoin and Ethereum is that Ethereum does not have 3rd parties involved. Ethereum also has a functionality similar to a VM / virtual machine that allows running peer-to-peer contracts with Ether cryptography. The programming languages used for Ethereum are C ++, Go, JavaScript, Python, Java, node.js, Haskell.Ethereum developers other than Vitalik Buterin include Gavin Wood and Jeffrey Wilcke. You can also develop the source Ethereum to be developed better than now. On July 30, 2015 to meet Ethereum as the first block at that time. The exchange of 1 Ethereum with Bitcoin is in price range 0.02 BTC for each Ethereum.

The Virtual Machines Ethereum (EVM) refers to the portion of the protocol that handles internal and computational states. This is often referred to as the innovation that defines the project through other blockchain-based systems.
With taking the bitcoin cryptography payment type and adding Turing a very complete scripting language, Ethereum trials to create the best tool for implementing smart renting using blockchain technology.Another term "Turing" here means the system is capable of performing every means of the intellect of computing functions.

A technology used extensively today by using Turing's completeness is a JavaScript structure, a programming language in computers that support the World Wide Web.Smart contract technology that will describe the flow of computer protocols by eliminating the need for contractual agreements and vice versa, such things are self-executing and self-enforcing.The thing that distinguishes between Ethereum and bitcoin is that Ethereum was founded not to be a payment system only, but also to as a computing platform.Cryptocurrency that runs on Ethereum blockchain, ether, acts as a kind of main material fuel to power this computing platform engine. Ether is consumed by miners to access any network resources.The more ether users to hold the coins, the more "gas" they get as a means of pumping fuel / primary material into the computing machine of the Ethereum virtual machine.Hopefully this article is useful for in-depth information about virtual currency Ethereum. Please share the information. Thanks.
Read More
By at No comments:
Labels:

REVOLUSIONER BUSSINES DIGITAL REGALCOIN (REC)

September 09, 2017 8



REVOLUSIONER BUSSINES
DIGITAL REGALCOIN (REC)
WHY SHOULD BUY REGALCOIN CURRENT? WHAT IS YOUR BENEFIT?


The popularity of bitcoin trade became one of the world's financial miracles. The success of bitcoin has led to the birth of new cryptocurrency coins with sales volume above 10 Billion USD. Various cryptocurrency coins have received a warm welcome from traders and mining coin cryptocurenccy in all countries of the world. As a New Comer at Coin DIGITAL CURRENCY in August 2017 "REC" (REGAL COIN) Company from HONGKONG presents digital Coins with growth value based on landing / stake, community / network and mining pool strategies. Dash clump coins will enliven the world of Cryptocurrency and become one of the pioneer in the forefront of innovation.What is REGALCOIN?
Regal coin is a site or trading platform between Regal coin and Bitcoin REC itself, is a new coin or virtual currency that can be used as a means of payment and has a value that will continue to rise. REGAL coin (REC) is almost the same as bitcoin does not have physical like fiat money that we know. REC currency is almost the same as 1025 other digital currencies, can not be controlled by an institution / institution or regulation of the Government of a State Bank.Can not be intervened by OJK or Bapepti, because it is universal or decentralized by the interests of the global community as the largest user. This is the advantage of REC Digital Currency launching into the global market starting on August 22, 2017.As a digital currency whose growth value is influenced by the economic principle of demand x supply / availability, then in its role, REC can function as a means of transaction to buy goods or products according to the agreement both from the company and from its users, therefore you need to see the Road Map and Our Development Program.As an important note in the pre-ICO period from 22 August 2017 - 22 September 2017 the number of coins thrown for purchase only 5 million units, the rest of the total supply 27 million units, will be stored in Blochain to be mined by the company. Imagine only 5 million keep it - and if from 5 million it is 70% circulation dilendingkan (deposited) means there is only 30% coin outside the company and when demand is high then automatically the price of the coin from the opening value of USD 0.85 will rise following the amount demand. It's important for you to know.Advantages of buying REGALCOINRegal Coin trading advantage of course very much. If you remember first bitcoin that cost only $ 0.0001 / BTC (2009). Now the bitcoin price has already reached $ 4300 / BTC (2017). Of course if we buy bitcoin at this time the price is not cheap anymore, we may lose momentum since the first time BITCOIN marketed in 2009, but now with the presence of Regalcoin do not the momentum is repeated again, because Regalcoin can be purchased with the price is still cheap. REGALCOIN.Currently the price of 1 Coin Regal is sold at a price of $ 0.85 during the Pre ICO period from August 22 to September 22, 2017. After the ICO period, Regal will be dilisted in various global markets (Exchangers) and will be connected to the site coinmarketcap.com.At the time of entry the market price will move up because of the demand from the global community to follow the landing / stake / deposit program with a monthly profit of nearly 45% resulting from the process of mining coin whose value is calculated every day and is varied.

The company's target is Regalcoin up $ 10 in early to mid-October 2017, up $ 50 in December, up to $ 100 / REC at the beginning of 2018. This is a huge profit when you follow the Regalcoin landing program. Both the increase, supply and trading volume will be recorded by coinmarketcap.com, the world community can see the activity at Coinmarketcap.com as a reference of Regal price increase due to demand and supply. Regal coin price increases are influenced by several factors: coin supply is only 27 million pieces, landing / stake / deposit program causes Regal circulation in the market to be limited while very high coin demand will push up Regal price, Regal trading to Bitcoin, community-based development designed simply by giving bonuses in the form of dollars will not affect the decline of prices even though bonuses are given in large quantities, Regal utilization for cross-commerce e-commerce through worldwide merchants, promotion of Regal debitcards, schools and training on landing programs will encourage socialization and wider mobilization until Regal became a leader in the world of Cryptocurrency. Below is the Roadmap and Development Regalcoin. In addition to the store Regalcoin can also be on sale at the RegalCoin.co site.REGALCOIN SPECIFICATIONS (REC)Algorithm X11 (DASH and PIVX Coin allot), Total POW Block 220,000, POW Block Reward 50 REC, Time between Reward 120 second, Maximum Stage Age 15 day - 90 day, and POS Yearly Interest 3% / year. REC type POW / POS Hybrid. Listed at bitcoin.talk, Owns White Piper, etc.Featured Program

1. Stacking REC (Saving REC or Deposit).
Buying REC coins (Regal Coin) certainly will not lose, because the initial price of REC coins is low and still has the potential to increase. Why potentially rising because this REC coin is new. For stacking (deposits) is given annual profit of 3% per year. REC deposited onto stacking can not be retrieved before min. stake 15 days and max 90 days.
2. Trading REC
How to get profit from REC trading is very easy to do. The system is to buy cheap REC and then sell when the REC price rises. Starting August 22, 2017 the price of 1 REC is sold at USD 0.85, at the end of September 2017 after the members follow the lending program, the price will rise close to USD 10 - this is the company's target by the end of September. Therefore it is not with the increase of USD 0.85 - USD 10 you will profit ???
The only available trading platform is bitcoin To REC. So for trading on REGALCOIN.CO site you must deposit bitcoin. As per Road Map in the future we will use the payment using Doge, LTC, Dash and Eth. Even to facilitate REC lovers in Indonesia, the company opened the convert directly to the rupiah.
3. Lending REC
Lending REC is an investment program on REC COIN. This program provides investment programs for investors with monthly profit of up to 45% depending on mining performance or REC mining results every day. Every day the profit sharing is given in dollars (with varying value per day) and for disbursement to rupiah: exchange the dollar into REC and sell it into Bitcoin then raise it on bitcoin.co.id account - later let us help the liquefaction process if You do not understand the procedure. This program is suitable for YOU who do not want to bother and receive profit every day.
4. Turnover Accumulation Programeach group development turnover will be accumulated every day paired with the turn of the left group and the right group turnover akumulative to 10% with potential BONUS per day USD 3000 or USD 21.000 / Perminggu. Bonus accepted Daily. Profit sharing as follows: 1. Left $ 1,000 and Right $ 1,000 then the pairing bonus created is 2% 2. Left $ 10,000 and Right $ 10,000 then the pairing bonus created is 3% 3. Left $ 100,000 and Right $ 100,000 then the bonus pairing is created is 5%.

To Register Please register at RegalCoin.co
Read More
By at 8 comments:
Labels:

Thursday, September 7, 2017

ipo and ico explanations and its differences

September 07, 2017 7
IPO (Initial Public Offering) . companies that enter the floor of the stock, sell the percentage of ownership of shares to the public in order to obtain funds for business continuity.The first IPO recorded in history was 1602 in which the VOC offered shares to the public.The VOC we know as kumpeni colonist is a Dutch company. In America, the IPO was first recorded in 1783 when the Bank of North America offered shares to the public.For hundreds of years the idea of ​​IPO is still in use. In the near future, it is likely that the ICO (Initial Coin Offering) mechanism will slowly replace the idea of ​​an IPO.ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger.ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin. These future tokens are expected to be of high value, depending on the success of the apps solving business problems.
There is no definite regulation to regulate ICO, but investors who believe in the future of blockchain usually dare to take risks.

For the conventional businessman, it may see this phenomenon as something strange, something that is difficult to digest, how can investors dare to put money to young people under the age of 30-40 years, not much business experience, network minimal and do not understand how the stock market , business, economy, market work ?. It must be the majority of scams, perhaps the most widely accused by a generation of senior businessmen 40-50s upwards.If technology can help ease and effective efficiency, compared with the old pattern, it is assured to be fast or sluggish everyone will choose an easier way. Although still immature, Blockchain-based applications provide the convenience of being Distributed databases: Data is stored in many nodes, not centralize, does not require many third parties, Immutable records, data that has been created / formed can not be replaced / deleted. Execution of transaction process can be executed by rule / algorithm as in example smart contract.

Examples of successful blockchain apps get funding from Initial Coin Offering
Ethereum.Ethereum is a blockchain implementation with smartcontract features. ethereum is Open source, many apps blockchain created based on framework ethereum. Earn $ 18 million when ICO. Ethereum introduces the DAO of a distributed autonomous organization that will act as a decision maker on projects related to ethereum. DAO is a formless organization. Members are those who give the first token ether when ICO is launched.

Iconomi https://ico.iconomi.net/ earn $ 10, 6 million
Open Fund Management, following the uber concept in the fund management industry, is located in the notorious city of Ljubljana, Slovenia.

Iconomy service users can manage digital assets in one platform: Digital managed assets such as Bitcoin, Ethereum, Ripple, Litecoin, Monero, Dash, MaidSafeCoin, NEM.

When a conventional fund management company manages stock, property, and foreign currency assets managed by humans, the digital version is submitted to the rule / algortima in the form of blockcain-based smartcontract. If I buy 1 BTC at the price of $ 800, then I can instruct to remove 1 BTC when the price in the position of $ 1,000 through apps that stuck to the smartcontract. The process will run automatically, without brokers and stockbrokers.


Will all ICO be guaranteed success?

of course not, there are some who are not successful and some are indicated scam.To get insight where potential blockchain startup, investor can subscribe to the news here http://icorating.com/ to gain insight into the current rating of each startup blockchain.Will in the future ICO (initial coin offering) replace IPO (initial public offering)?When blockchain technology enters the mature and stable period, many companies will choose the ICO method of obtaining funds, because of the convenience of blockchain technology, anyone can trade in buying the initial Token offered by the company when the ICO.Will ICO also slowly make conventional investments / venture capital change the strategy of turning money in the future? Shares or shares are proof of company ownership. On ICO, the proof of ownership is a number of Digital Tokens, which can be redeemed for other crypto currency assets. If this is the target is a number of shares to be resold in the future. but the stock is inflexible like Token on the ICO concept, is it better to buy digital tokens instead? to legalize the ownership of shares of the company required notary, accounting, taxes and so on, wah complicated really ..., compare with Token on the concept of ICO. Token is a cryptocurrency asset that is released to the public to be owned by a number of investors. All shaped digital, the deed shares in the form of smart contract or crypto currency.In ICO buyers can directly interact buy token prime without going through brokers stock broker / securities and no fee / commission paid. Will future stock brokers lose their roles? If the year 2016 yesterday, the public was surprised by the presence of online transportation that caused the conventional transportation business lost market and revenue. then it is certain this will happen soon, when blockchain-based applications cause business in the field of finance will experience problems displaced by the presence of new companies with blockchain technology.
Read More
By at 7 comments:
Labels:

Wednesday, September 6, 2017

Bitcoin Price Experienced Rapid Decline To Price $ 4,193: Factors and Trends

September 06, 2017 7


Bitcoin briefly hit an all-time high in the $ 4.975 price range two days ago, but Bitcoin's price has now fallen back around $ 4,193.Many analysts including Welt senior finance editor Holger Zschaepitz caused the decline in Bitcoin prices triggered by China's stiff ban on initial coin offering (ICO) activities.Over the last week, Bitcoin will increase with consideration of its success. Bitcoin Core Segregated Witness (SegWit).Through SegWit, the Bitcoin network has shown tremendous progress in scaling, reducing the average block size to 0.8 MB and its size from 140 million to 10 million bytes.Bitcoin users who use SegWit-enabled purses such as Trezor and Ledger are expected to enjoy a much lower cost, with an average rate of about 35 percent.Andreas Antonopoulos, widely known as a Bitcoin expert and security expert, recorded a fee of $ 0.34 enough to send transactions to employees and put them into the first block.
That means, with SegWit, Antonopoulos and many other users can send confirmed transactions in minutes for less than $ 0.5.

On September 1, Keizer changed its interim price target from $ 5,000 to $ 10,000, as the Bitcoin momentum indicator showed a continuing upward trend for the medium term.not just the influence of the implementation of SegWit and the introduction of Lightning Network-based applications, but there are still many reasons for analysts to be optimistic with Bitcoin price movements.
Again is china ?

For now Bitcoin will still outperform other cryptools, fiat currencies and fiat assets.If it succeeds in recovering the recent minor correction caused by PBoC and the Chinese government's harsh ban on ICO, it could lead to a strong rally and break the $ 5,000 mark.As explained by Keizer, $ 5,000 and even $ 10,000 are already visible due to the many developments and activities on the Bitcoin network.Moreover, Brian Kelly of CNBC, Keizer, and Litecoin creator Charlie Lee have stressed the importance of Bitcoin to conventional investors and the traditional financial sector as a safe haven asset.With tensions between North Korea, the United States, South Korea, Japan and China increasing rapidly, Bitcoin's demand will continue to increase in the coming weeks.In addition, Jihan Wu, the founder of Bitmain, who had a major influence on China's mining industry, notes that Bitcoin is still legal in China.
Read More
By at 7 comments:
Labels:

Post Top Ad

Your Ad Spot