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.


3 Undervalued Crypto Projects With MASSIVE Potential for 2020

6 days ago 11 minute read Adamic0 $17.62 tipped

It’s been almost 2 years now since the last crypto winter and most of the crypto seasoners are out of the game. The weak hands have been shaken out and only strong hodlers remain.  Therefore, the market is showing bullish signs once again and it all...

Is EOS A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

5 days ago 8 minute read CryptoBoomer $8.07 tipped

EOS is one of the most popular altcoins and is often dubbed as the biggest rival to Ethereum. Different from Ethereum that utilizes Proof of Work and now is transitioning to Proof of Stake, EOS utilizes what they call as Delegated Proof of Stake (DP...

Publish0x Is The Only Platform Without Wealth Inequality

1 day ago 6 minute read Scottcbusiness.eth $5.62 tipped

Part of the original motivation for cryptocurrency was to help solve the wealth inequality found in fiat currencies, but it ends up the same. A tiny percentage of accounts hold the majority of any cryptocurrency while the rest hold tiny almost neglig...

We already know blockchain’s killer apps

35 minutes ago 2 minute read cafoo41 $0.03 tipped

It wasn’t too long ago that Silicon Valley scoffed at cryptocurrencies. All over coffee shops in Mountain View and Menlo Park, you heard the same conversation: “Sure, it’s cool technology, but when are we going to see the killer app”? A few merchants...

Two Investing Lessons For Crazy Great Returns

58 minutes ago 1 minute read cafoo41 $0.04 tipped

Great investors do things differently overall. They don’t look at stocks in a common way and assess returns in a sub-par manner.Spectacular investors seek to look at the world with a different lens and earn a much higher reward.Thankfully, we can re...

Shapeshift Announced Zero Commission Trading

1 hour ago 1 minute read HowToVids $0.01 tipped

Every company tries to come up with a new offer that is attractive to gain more customers. Because customers are the objective of almost every business. So they offer services and packages other, not able to provide so that customers come towards the...

Bitcoin ATM's are now reaching 6,000 worldwide. Check this out why?

1 hour ago 1 minute read Crypto Beeporter! $0.04 tipped

Bitcoin ATMs got a record of a new milestone for exceeding 6,000 installed around the world. As stated on CoinATMRadar, there are currently 6004 ATM machines installed and over 65% are mostly in the United States. In addition, data shows an average o...

Why Are Crypto Trading Fees So High Compared To More Traditional Markets?

2 hours ago 3 minute read cwolfe211 $0.12 tipped

 If you have not watched the growth of cryptocurrencies very closely, you may not understand the reason behind the high trading fees that are innate to large crypto trading platforms.   The fees for trade at most crypto marketplaces are an incredible...

CRYPTO GEMS #2: UDoo

4 hours ago 6 minute read Crypto HunterX $0.07 tipped

Introduction Believe it or not, every other time you browse, sign up or login to social media you are unknowingly generating data. These data are usually bundled and either sold to a marketer, or used to improve the platform’s pro-profit systems. It’...

BOOM OR DOOM FOR BITCOIN? BTC: DOUBLE BOTTOM BLAST OFF! CAUGHT: RIPPLE EXPOSED! FRENCH ARMY USE XTZ!

4 hours ago 1 minute read CryptoBitcoinChris $0.04 tipped

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com Bi...

What is Ardor (ARDR)? [A Comprehensive Guide to Understanding Ardor]

5 hours ago 6 minute read Mr.CryptoWiki $0.14 tipped

The world is increasingly moving towards digitization and it’s affecting enterprise businesses and governments everywhere. In order to maintain a competitive edge, businesses and government organizations must adopt digital transformation to be equipp...

GateHub Attacked: 1.4 Million Accounts Data Dumped On Public Hacking Forum

6 hours ago 1 minute read Blockchain Anchor $0.16 tipped

When the hashed passwords, email address and encrypted ledger wallet secret keys of 18,473 user accounts were exposed back in June by hackers, GateHub lost nearly $10 million dollars but this latest attack by hackers will prove to be the most disastr...

We have made it this far in Crypto

6 hours ago 1 minute read DrMind $0.06 tipped

All of us have made it to here in our journies in Crypto. Whatever has happened in the past in this roller coaster is only making us stronger. We have dealt with hacks, pump and dumps, phishing sites, scams, forks, mt gox, regulations, bad characters...