Blockchain News, Opinions and Analyses created by users.

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.


Coinmarketcap 11/07/2020

17 minutes ago 1 minute read 0 comments sevillaespino

Well my we arrive to next Friday with the weekend, I hope the market keeps up with us and we have a weekend of good news or stability as well as I wish all my supporters have a nice Saturday and Sunday. Today's market achieves second consecutive inc...

Get 10 GMC($5) as Early Signup~ With Payment Proof

26 minutes ago 1 minute read 0 comments Sabingurung

If you are new to crypto, GokuMarket is the perfect place for you. It is the home of crypto where all the things available in one place. It is the marketplace for cryptocurrency which not only offers a wallet but also facilitates various services lik...

FATF expresses concern over growing stablecoins

41 minutes ago 1 minute read 0 comments Kluma

The Anti-Money Laundering Financial Action Task Force (FATF) presented a report on stablecoins. Its leitmotif was the potential for the massive introduction of “stable” coins and the need for issuers and cryptocurrency exchanges to follow the organiz...

Jeff Kirdeikis - Uptrennd Founder And TrustSwap CEO Answers Questions On Discord

1 hour ago 3 minute read 0 comments boyka

Jeff Kirdeikis, Uptrennd founder just launched a new DeFi project TrustSwap.org. Jeff is very active on the TrustSwap discord server, in this post i will show you a collection of the most interesting messages and answers he left for his community. Le...

Bitcoin Gold (BTG) developer team stopped a reorg attack on their network!

2 hours ago 1 minute read 0 comments alberdioni8406

The Bitcoin Gold dev team prevented a reorg attack to their mainnet accordingly to a statement released on friday. Explaining it, the team claimed that the attack was directed to their chain, and was rightly organized. The ones behind it rented minin...

Weiss Ratings named the top 3 reasons for the upcoming Bitcoin rally

4 hours ago 2 minute read 0 comments World Crypto

The analytic cryptocurrency agency expects an early increase in the bitcoin market thanks to the advent of institutions, the S2FX model and the US Federal Reserve policy. The cryptocurrency analytical agency Weiss Ratings has identified the main reas...

US Treasury bonds land on the Ethereum blockchain

4 hours ago 1 minute read 1 comment NassiroV

Image Source In parallel with the very media epic of crypto ETFs, that of tokenized funds is following its course more discreetly. After more than two years of work and going back and forth with the SEC - US Security and Exchange Commission -, the i...

UniWorld (UNW Coin) - Blockchain Platform Ecosystem & AI High-Tech Applications

5 hours ago 1 minute read 0 comments FreedomBuilder

🎁 Total Reward: Receive 80 UNW ≈ $27.60 & 5 UNW Coin for each referral. 🌟 Create an account at Uni World website. 👉 Start the UniWorld Telegram Airdrop Bot. 💎 Airdrop Rules:📌 Start the Telegram Airdrop Bot.📌 Follow their Telegram Group & Channel. (Ma...

TRON (TRX) uptrend here to stay?

5 hours ago 2 minute read 0 comments Lup1n

TRON (TRX) uptrend here to stay?   The TRON cryptocurrency (TXR) has been on a steady rise since mid-March. Is this trend here to stay? TRX, the cryptocurrency developed by controversial Justin Sun, doesn't want to look back, and has already racked...

Tether froze millions of dollars in USDT this year

5 hours ago 2 minute read 0 comments Lup1n

Tether froze millions of dollars in USDT this year   Do you think stablecoins are the best option? What would you do if they freeze your money? This is what happened to Tether when it froze millions of USDT in 2020.   For many, stablecoins seem to b...