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.


What Is Tron? [A Comprehensive Guide to Understanding Tron]

3 days ago 7 minute read Mr.CryptoWiki $7.65 tipped

Tron is a decentralized apps (dApps) platform that tries to ‘decentralize’ the web by utilizing its blockchain technology. Unlike Ethereum and some other older blockchain systems, Tron is proven to be much more efficient because Tron network uses DPo...

What is Ethereum? [A Comprehensive Guide to Understanding Ethereum]

5 days ago 13 minute read Mr.CryptoWiki $7.58 tipped

Before you can fundamentally understand Ethereum, it helps to first understand the internet of today and where it’s heading – “Web 3.0”. Today, the internet is run by centralized servers and clouds owned by companies like Amazon, Facebook, Google, an...

What is Stellar (XLM)? [A Comprehensive Guide to Understanding Stellar]

5 days ago 7 minute read Mr.CryptoWiki $6.85 tipped

The whole idea behind cryptocurrencies (the cryptos intended to be used as currency or facilitate payments and transactions) is to improve upon and replace the existing financial system. This is the intention behind Bitcoin, Litecoin, and a slew of o...

Top SEA Blockchain Companies & Demands for Developers Event Recap

1 hour ago 1 minute read djlethalskillz $0.52 tipped

  Yesterday I was invited to 'Top SEA Blockchain Companies & Demands for Developers' event organized by The 'Blockchain Train' a series of events that takes place in various locations within KL city in the aim of accelerating the mass adoption of...

Bankera Launches a Global Crypto Backed Lending solution

1 hour ago 2 minute read Reyaansh $0.00 tipped

Bankera Launches a Global Crypto Backed Lending Solution   This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any con...

Zilliqa project under the radar (quick review)

3 hours ago 4 minute read qsyal $0.14 tipped

Introduction: Blockchain scalability is a problem that  troubles many large projects including Bitcoin and Etheruem . We all remember  when the CryptoKitties craze in December 2017  started which caused the entire Ethereum blockchain to clog up creat...

21/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

6 hours ago 1 minute read Danoskie $0.06 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 21/09/2019For crypto's bears vs bulls, some of the coins on my list have gone bullish, especially OX(ZRX) with +10% increase from $0.22 to $0.25 between the time o...

Because we must use The Power of Diversification in our portfolios.

9 hours ago 1 minute read derwin25 $0.16 tipped

Investing is easy, the hard part is doing well. Diversification is a technique where investors share their investments in various financial instruments with the objective of maximizing their returns. In this way, risks that would be assumed in...

Hydro dApp Development Best Practices

10 hours ago 1 minute read Hydro Labs $0.89 tipped

Welcome developers! Ready to get building on Hydro? Below are some dApp development best practices for the Hydro dApp Store. There are many things to think about when building a dApp, outside of just “your awesome big idea”. Here are some of the best...

Monday could be the start of the next bullrun - BAKKT goes live

17 hours ago 1 minute read Phabulu $0.09 tipped

Monday could be the start of the next bullrun The key to its success is something called the blockchain. The blockchain is a means of solving the double-spending problem: which is that because the currency is digital it is open to being copie...

Waves coin platform sets a new update on the blockchain

17 hours ago 1 minute read CryptoArgha $0.10 tipped

Russia based crypto currency project waves and open source blockchain waves platform recently announced to legalize the whole ecosystem According to a blog post on medium of waves platform it is regulating a self monitoring system to improve the plat...

Bitcoin's 2020 Hard Fork Bitcoin Pay

18 hours ago 1 minute read OneHashCoin $0.07 tipped

Hi today I want to present for You upcomming fork of BTC Called Bitcoin Pay (Bpay) It looks very promising and intersting. I will present main features : 1. Instant Transfer 2. Privacy Protection 3. Low Fees 4. Stability 5. Smart Sidechains 6. Sustai...

Interviewing Aly Kassam From OneLedger

18 hours ago 1 minute read scottcbusiness $3.10 tipped

OneLedger is a cross-chain application platform designed to allow developers to extend blockchain technology.   I spoke with Aly Kassam who is the Director of Product at OneLedger to discuss their progress and where the company is headed.        I as...