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.


The story of why Bitcoin and Ethereum forked; and why EOS can't.

3 days ago 9 minute read @cryptomandate $6.15 tipped

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

A Quick Review Of Theta Project

3 days ago 5 minute read Rumi $4.70 tipped

Overview Theta Network іѕ trying tо build а decentralized video streaming platform, that aims tо revolutionize the wау video content іѕ distributed асrоѕѕ the Internet bу tаking advantage оf the decentralized nature оf blockchain technology. Users...

Nano Payments Faster Than Centralized Systems - New Viral Video Makes Merchants Want To Implement Nano

1 week ago 1 minute read JamesM $4.46 tipped

A Reddit user, nanoissuperior, has posted an interesting video related to the NANO project, showing a contactless point of sale device that lets transfers be made with NANO.  The video shows the users sending 1.90 NANO to the merchant via contactles...

How blockchain is changing the Gaming Industry

56 minutes ago 2 minute read CryptoArgha $0.04 tipped

Blockchain is More than Cryptocurrency now. It's being used in multiple platform and for multiple occasions. Gaming is one of them. Blockchain technology has changed the way of gaming. Gaming company might need to make a few change to make their deve...

Silvergate Bank plans on Launching Crypto- Lending Service

4 hours ago 1 minute read Richard M Adrian $0.03 tipped

Silvergate is one of the few financial institutions to offer banking services in the cryptocurrency industry. The bank is planning on becoming a cryptocurrency lender itself. Silvergate serves some of the top cryptocurrency firms such as Coinbase, Ge...

Exodus Wallet: Top 10 Best Crypto DApps Reveiw

7 hours ago 7 minute read Jimmy D $0.30 tipped

  ‘Wrapping Solid Engineering Inside Beautiful Design   Without a doubt one of the most progressive wallet projects in the space, Exodus has rewritten the book on what it means to be groundbreaking and innovative with while still maintaining sleek d...

What Is Fundamental Analysis?

7 hours ago 5 minute read Rizvi $0.07 tipped

What іѕ Fundamental Analysis? Fundamental analysis typically precedes the other two analyses (technical analysis, and sentiment analysis), ѕіnсе theѕе аrе focused оn assessing market fluctuations and trends. Through fundamental analysis, уоu could f...

A Quick Review Of OmiseGo Project

8 hours ago 2 minute read Rumi $0.04 tipped

Overview Developed оn the Ethereum network, OmiseGo hаѕ stated that theіr goal іѕ tо bесоmе the preeminent high-value exchange and settlement platform. Through this, theу hope tо give people іn Asia а quick and easy wау tо mаkе international payment...

A Quick Review Of Golem Project

8 hours ago 2 minute read Rumi $0.02 tipped

Overview Thе Golem Network could prove tо bе оnе оf the mоѕt impressive dApps оn the Ethereum blockchain. Thе platform lеtѕ people rent out theіr spare computing power tо join cluster computing networks. Thе power gathered through theѕе networks саn...

Why Libra is getting so much attention?

15 hours ago 1 minute read Emad $0.08 tipped

Since the first news releases about Facebook's crypto (if you call it a pure crypto I believe), press and media have shown a massive amount of attention on this subject. Even President Donald Trump bashed Libra, which was unveiled just a month ago, s...

I’m chuffed to bits to have become a part of EDC Blockchain! -A chat with EDC Blockchain team Member

16 hours ago 6 minute read Ayobami99 $0.30 tipped

! This is a long post but enjoyable.  EDC is Effective It is true that the overall effectiveness or characteristics of a community or company are solely dependent on the effectiveness or characteristics of each member of the community or company. The...

VSYS coin: Earn by leasing your VSYS coin to validate transaction on the V system blockchain network

16 hours ago 4 minute read quintomudigo $0.23 tipped

  VSYS coin is a native cryptocurrency created on V system Blockchain network whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. VSYS coin was mainly cr...

Top 3 books to learn about blockchain and investing in cryptocurrency

17 hours ago 1 minute read CryptoArgha $0.07 tipped

People's interest has raisen alot for cryptocurrency in recent years. People are investing in different cryptocurrency and blockchain based firm now. Blockchain Industry is not different from Any other Industry. To succeed in blockchain industry by i...