Blockchain News, Opinions and Analyses created by users.

Blockchain

29,139 Articles 236 Followers

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.


The Graph: The Google of Blockchains

5 seconds ago 5 minute read 0 comments RelyOnCrypto

The Graph is a queering protocol for Blockchain data that allows completely decentralized applications to be built. The project was established in 2017 by a group of three software engineers who were disappointed by the Ethereum ecosystem's lack of t...

When it comes to Cryptocurrency Rule One trust no one but yourself.

20 minutes ago 1 minute read 0 comments Wolf2015

As you can see with Elon Musk, it truly shows how ignorant people are that would even listen to him. True Cryptocurrency experts understand no one has authority, and they just wait for those morons that sell to dip the price so we can trade our mined...

Are we about to see a mass exodus to Binance smart chain?

27 minutes ago 4 minute read 0 comments Dzoelx

I’ve got a couple of ERC-20 token I’ll probably never move from my wallet again, ask why? I simply can’t pay $20 to move $50 worth of low cap crypto tokens. Uhm, someone else has a similar view: As warned earlier, the ethereum blockchain seems to b...

The Future Of Stablecoins – TrustToken With Rafael Cosman

1 hour ago 1 minute read 2 comments Scott Cunningham

I recently had the chance to discuss TrustToken with Rafael Cosman who is the CEO and co-founder there. We covered what stablecoins are, the need for them, what they’ve built, and their Defi protocol called TrueFi. Trusttoken are the makers of the 1...

I Joined A Pump & Dump Scheme So You Don’t Have To

1 hour ago 3 minute read 0 comments Cryptalker

  If you think something is too good to be true, it probably is. photo credit Bitnovo They promise you the moon, the stars and everything in between, plus a 100–1000% increase in profits if you just join their scheme. What is a Pump & Dump? Bitno...

This Crypto Offers 8.85 Million % APY

1 hour ago 4 minute read 0 comments Cryptalker

  This Crypto Offers 8.85 Million % APY You read it right — 8,850,000%. Do these numbers interest you? Before anything else, what is an APY? Annual Percentage Yield (APY) is the real rate of return earned on a savings deposit or investment taking i...

These Crypto Exchanges Give The Best Rewards

2 hours ago 3 minute read 0 comments Cryptalker

  These Crypto Exchanges Give The Best Rewards If you bought $10 worth of Bitcoin in 2010 and kept it, you would have made $166 Million today. Photo by bruce mars on Unsplash Trading #cryptocurrencies can be a very rewarding experience. Right now t...

Socios.com Huge Ramp Up in Progress

2 hours ago 1 minute read 0 comments Cje95

Earlier this year the team at Socios.com announced the huge monetary investments to push out of Europe and into North America. Initally I was skeptical as they seemed to still focus mostly on soccer and some professional gaming teams. Within the last...

About Musk, Tesla and Bitcoin

2 hours ago 1 minute read 2 comments Sir Loin

Cynicism at its best from the Tesla TechnoKing, Imperator of Mars, and Doge’s Papa. Elon Musk announced that Tesla has suspended accepting Bitcoin for cars, citing environmental concerns. When Elon Musk pumped Bitcoin in March and announced that he w...

History repeats itself once more: Gutenberg and Satoshi

3 hours ago 8 minute read 1 comment SirGerardThe1st

The invention of the printing press in the Middle Ages was probably the greatest turning point that humanity experienced until the invention of Bitcoin and the Blockchain. The irruption of the printing press allowed a very simple fact: books could be...