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.


Flow Community Console by Flipside Crypto

12 minutes ago 5 minute read 0 comments EverythingBlockchain

NFTs have gained immense popularity as reflected in soaring sales of over $2.5 billion in volume in just the first half of 2021. Launched by Dapper Labs, Flow is a blockchain that powers some of the most popular applications in crypto, NFTs, and gami...

Bridge from Polygon to Terra? Let's try.

1 hour ago 3 minute read 0 comments Kopi

Interested in bridging to Terra? Me too. One cost-effective way was via Binance Smart Chain, but I do not have any BNB for gas. I searched around for bridges that allow me to bridge over BNB directly, or for faucets (all seems dubious) and didn't man...

Join the AMA of Satoshi Club x NiftyPays. Rewards: 500 USDT, October 24th.

1 hour ago 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on October 24th, 2021 at 11:00 AM UTC Time: Satoshi Club x NiftyPays ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join NiftyPays Telegram group   We...

🔴 How to Cross chain BRIDGES !!! Ape bridge by Ape Board

3 hours ago 1 minute read 0 comments omomohoho

  Bridge from Fantom to BSC, from Binance Smart Chain to Ethereum, Polygon, Arbitrum, Solana, Terra, Ronin, Harmony or else. Pretty much any chain to any chain. No more headache and confusion because this Ape bridge gathers bridges you will need to...

Back to Basics - Why Bitcoin (BTC)?

4 hours ago 6 minute read 2 comments Mynima

Introduction This is the first in a series of shorter articles looking to summarize (as best I can) my understanding of few of the core topics and ideas behind the workings of the Bitcoin driven revolution that we're currently a part of. Over the pas...

Panther Quant -$PNTQ- First Blockchain based Revolutionary Algo Trading Platform | Artificial Intelligence Based Sentiment Analysis | First ever ‘Functional’ NFT marketplace.

4 hours ago 2 minute read 0 comments Panther Quant

Panther Quant - $PNTQ : First highly revolutionary Algo-Trading platform built on the Binance Smart Chain to use A.I. based Sentiment Analysis of the live Crypto Market & much more. The First highly revolutionary Algo-Trading platform built on block...

Welcome to Caash, the Paypal of Crypto

5 hours ago 1 minute read 0 comments Tupi

What is Caash? Caash is a DeFi ecosystem that seeks to encourage mainstream acceptance by providing a reliable, seamless, and accommodating experience. Only 10 Million $CASH tokens will ever exist! Caash seeks to be accommodating by helping ensure th...

New ICO - LetStudy - Blockchain-Based online education platform!

5 hours ago 2 minute read 0 comments Feedmypsyche

Phase 1 open NOW! Get in early and register HERE LetStudy platform is a blockchain-based decentralized education service platform. The main purpose of LetStudy is to create an ecosystem on blockchain to improve the educational area, especially afte...

AMA Recap - Mystic Warriors x Game of Bitcoins

5 hours ago 5 minute read 0 comments Game of Bitcoins

Thanks a lot for actively participating in the Mystic Warriors AMA held on 23rd Oct 2021 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with Mystic Warriors We have with us Sim...

Crypto Odds & Sods for Week of Oct 17

7 hours ago 1 minute read 1 comment Keith Thuerk

Crypto Odds & Sods for Week of Oct 17   Exciting week for Crypto enthusiasts w/ lots of action to review: US 1st Crypto ETF - went parabolic by trading over 1M options in first 2-days, and neared top limits by Friday.  Rumors have been flying that a...