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.


LEASEHOLD TOKEN, DECENTRALIZED PROPERTY RENTAL PLATFORM THAT PAYS USERS SHORT TERM RENTAL PROFIT

24 minutes ago 3 minute read 0 comments Ris88

Introduction Blockchain technology has created lots of opportunities for the entire world.It has simplified the process of managing investments and profiting from them in a more transparent manner.I will be discussing in this article about a Leaseho...

BITCOIN SHORT SQUEEZE STRIKES BACK - CRYPTO & COFFEE #0055

2 hours ago 1 minute read 0 comments CRYPTOXICATE

BITCOIN SHORT SQUEEZE STRIKES BACK AND TAKES A BIG AMOUNT OF BITCOIN HELD BY BITMEX, THE SENTIMENT WAS JUST TOO BEARISH, I AM STILL BEARISH BUT TRADERS SEEM TO BE JUST WAY TOO CONFIDENT AND I SAID IT ON TWITTER @CRYPTOXICATE https://twitter.com/cryp...

No, miningpools do not cause centralization

2 hours ago 3 minute read 1 comment Allen Walters

Discussing EOS' centralization in my previous article sparked some responses from EOS enthousiasts.  No one seemed to try to make a case for EOS decentralization though. Instead, the best argument for EOS enthousiasts seems to be pointing at Ethereum...

A Scammer Stole 14,000 XRP From A Corona Virus Victim: Here’s What I Think About It

3 hours ago 2 minute read 0 comments FarewelltoMinds

A Scammer Stole 14,000 XRP From A Corona Virus Victim: Here’s What I Think About It An interesting post on reddit a few days ago told the harrowing tale of a woman, now fighting a covid19 infection, got scammed out of her hard-earned and hard-saved X...

DeFi, Cryptoeconomics, and CBPP Research Roundup

3 hours ago 7 minute read 0 comments Ledgerback

Introduction Hi everyone! Here is a short and sweet roundup on three interesting research papers we have recently found discussing commons-based peer production (CBPP), decentralized finance (DeFi), token engineering (often used synonymously with to...

Coinmarketcap 01/04/2020

6 hours ago 1 minute read 0 comments sevillaespino

Today we arrive to the third working day, where before starting I want to thank the users that support me with their votes as well as the new users that read for the first time my posts supporting my publications, well now let's move on to the import...

Generate Passive Income and Crypto by Streaming Video with HideoutTV

6 hours ago 3 minute read 3 comments Wantandable

Do you have a computer or phone that sits there unused the majority of the time? Turn that device into an income generator with HideoutTV. I highlight ways to passively generate income, because who doesn't like money for nothing? My goal is to make a...

Corona Coin - Another Exit Scam, Yes, It Is The Third Time!

7 hours ago 1 minute read 6 comments boyka

After the last exit scam by the developer named "hopeless", the rest of the CoronaCoin team created a new CoronaCoin and were compensating the owners of the previous coin by giving them the new tokens. They were airdropping to the bigger wallets firs...

Can A Cryptocurrency Truly Replace Gold?

10 hours ago 7 minute read 0 comments 0xFactor

  I love cryptocurrencies, the economic revolution, the "not your keys, not your cryptocurrency" self-custody movement, its all so wonderful. Still, I pride myself on being the sort of person that asks myself the hard questions. I refuse to allow mys...

5 news from the crypto world - April 1

11 hours ago 1 minute read 1 comment DZ4FREE

1-Binance and Cryptobuyer, the Panama-based exchange, are set to launch a Binance Coin Crypto Payment (BNB) solution to use in Venezuela. The solution will allow Venezuelans to use Binance's native token at a variety of stores, including the depart...