Blockchain

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Blockchain is a term that is used to describe what is essentially a decentralized database. It is a type of Distributed Ledger Technology (DLT). Other forms of decentralized systems exist, but blockchains remain the most popular, due to its association with Bitcoin and the origins of cryptocurrencies.

Blockchains consist of multiple blocks of data, that are linked together to form a chain. Its most valued properties are immutability and transparency. No new information can be verified that is in contradiction with previously verified data, and data cannot be changed without causing severe changes to the network. Transaction fees are also extremely low, which is an important factor in persuading incumbent financial institutions to adopt the technology for their own purposes. Blockchains can be either permissioned or permissionless, and different projects take different approaches on how their networks are governed.

Blockchain’s strengths have caused it to be quickly considered by many major companies, as well as smaller ones seeking to leverage the advantage for their own growth. However, given the relative newness of the technology, several technical limitations must still be overcome before the technology can reach a global scale. Chief among these is scalability, which determines the number of processes that can be transacted simultaneously or at least without significant delay. 

User-friendliness is another important issue to be tackled. To achieve mass adoption, experts in the field believe that the technology must be manifested in an accessible form, and this is another issue that several projects are tackling, which includes the development of the much vaunted decentralized apps (DAPPs).

In this tag, read blockchain news, price predictions, opinions and analyses created by users.


Blockchain in our plate

54 minutes ago 1 minute read CryptoArch $0.08 tipped

Blockchain is a digital storage and transmission technology allowing the transit of secure and forgery-proof information, which has been booming in recent years on many projects. Blockchain is a database containing all exchanges history between users...

Basic #1 Getting started

58 minutes ago 4 minute read knohen $0.01 tipped

Welcome back to another series! In this series I will share my basic crypto knowledge, to help people who just got into the crypto market.   Which coin should I buy? Most of the time when people ask me about cryptocurrencies, they always ask which co...

How to Monitor Fairspin’s TPlay Transactions in Etherscan

2 hours ago 3 minute read Andrey Sergeenkov $0.07 tipped

The fact that blockchain has changed the way we do things is true. Its advantages meant that startups, established businesses and not surprising, governments are finding ways to leverage the tech to streamline operations, cost cuts and improve effici...

Let's talk about backed (and not) Stablecoins - GOLD token 100% backed by gold.

2 hours ago 5 minute read wwzsocki $0.25 tipped

Simply stated 2019 was a stabelcoins year, so I thought it would be good to know more about them.StableCoin is a cryptocurrency pegged to another asset, designed to minimize the volatility of the price of the stablecoin, relative to some "stable" ass...

Binance partners with Chainlink

3 hours ago 1 minute read TheCryptokeeper $0.21 tipped

    "ChainLink has a lot of potential, the way we deal with the data enables us to take advantage of other different services, and the user experience is really slick." -Plato        CHAINLINK Is Chainlink going to moon?If Chainlink gains mass adopti...

Where to Post Blockchain Jobs Online

3 hours ago 3 minute read pheonixdown-dee $0.06 tipped

Being a blockchain business is no easy task. With a new industry comes new challenges. One of these challenges is finding where to post jobs in this niche market. Posting on social media, job groups and job board sites in the blockchain sector can be...

Counterfeit To Be Eliminated? - Shopify Plugin To Leverage the Blockchain Technology

3 hours ago 1 minute read chrispop $0.05 tipped

A plugin developed by a startup based in San Francisco is currently beta-tested and set to be implemented into the Shopify App Store soon. The startup, “Real Items Foundation”, is leveraging the power of the VeChain blockchain through their so-called...

23/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollar (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

4 hours ago 1 minute read Danoskie $0.19 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 23/1/2020HAPPY NEW YEAR!What a day to forget.The market is down again with about 3.2% and this has caused a lot problems in the prices of most cryptos on my list t...

2 Types of Cryptocurrency

4 hours ago 1 minute read 2gen $0.21 tipped

I'm going to write a set of 4 posts which includes the types of Blockchain, Crptocurrency, Crypto Wallet, Crypto Exchange. we should know them when coming into the crypto world for investing or using cryptocurrencies. This is the second part. For any...

How to store your crypto - part 3

5 hours ago 3 minute read bitcoindelight $0.12 tipped

Welcome to part 3 of my series 'How to store your crypto' At this stage, you should know at least what cryptocurrency you want to store in your wallet. If you have missed out on the first two parts of the series, they are published here:   Part 1 - H...