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.


What is Peer-to-Peer and Why is it so important?

34 minutes ago 3 minute read 0 comments ThreeFold

What is Peer-to-Peer? Peer-to-peer (P2P) is a term that originated from the distributed computer application architecture where tasks and workloads are shared between peers, popularized by Napster, a revolutionary file storing system from the late 19...

Doge click bot on Telegram - Legit or not!

43 minutes ago 3 minute read 0 comments Kayzzy3

In my first week on the cryptospace one of the first places I looked for free opportunities to make free and easy cryptocurrencies was Telegram, the fellow was lead me on the cryptocurrency hunt escapade actually introduced me to a couple of telegra...

Earn MATIC with 0xUniverse

1 hour ago 1 minute read 0 comments Liberum

0xGames was founded in 2017 and launched its first game, 0xUniverse, on the Ethereum blockchain. A galaxy exploration game, 0xUniverse rapidly grew its user base and received frequent updates. However, the ridiculous rise in Ethereum gas fees cut exc...

Damex Review || A New Way To Rewarding Users For Being Active

1 hour ago 1 minute read 0 comments Saikot

Damex is a sports finance Sportfi application that uses crypto and NFTs to reward its users for being active in their daily life.Damex is connecting exercise and finance like never before. The platform was inspired during the covid pandemic. Damex wi...

Cryptocurrency???

3 hours ago 1 minute read 0 comments NefarWriter

First of all, What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockc...

Bitcoin Mining is Going Green

3 hours ago 6 minute read 0 comments hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts or my cryptocurrency newsletter to learn more about this fascinating new technology! Bitcoin has seen near e...

Cryptocurrency Is Unstoppable

3 hours ago 1 minute read 0 comments NefarWriter

The past few months have been loaded with mostly downward trends for Bitcoin and Altcoins, but the last week has been much more active in terms of cryptocurrency price increases. The New Year is approaching, which raises some expectations in the worl...

What Is NEM Coin And How Can You Profit From It?

3 hours ago 7 minute read 0 comments ChangeNOW

Back in 2014, one idea was very popular in the crypto space: creating a blockchain alternative to Bitcoin’s where developers could build their own digital assets, and the native cryptocurrency of this network would fuel transactions on it. Many proje...

CC347 - Barnbridge Cool DeFi Ecosystem

4 hours ago 1 minute read 0 comments Chesatochi

#barnbridge #defi ⏰ Time Stamps ⏰ 00:00 Introduction01:32 The main page of Barnbridge03:38 Meet our team05:13 Smart yield bond09:59 Bond token12:59 Tokenized risk protocol13:14 Yield farming Barnbridge website: https://barnbridge.com/ Enjoy the show...

How to generate the maximum profits with the least investment - PancakeSwap [ENG/SPA]

6 hours ago 2 minute read 1 comment Slayerstein

One of the projects that I have liked the most in recent months has been PancakeSwap, that is why I decided to invest in their project. I have no regrets at all and I think its price will go up even further.   During these months I was studying which...