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.


Which top100 shitcoins will go to hell this Bear Market?

20 May 2022 1 minute read 3 comments toofasteddie

I remember the previous cycle, I ended up with a good part of my hodling shitcoins until "the end"... I remember BITSHARES (what a centralized shit dear Larimer), EOS, STEEM, SYSCOIN, REP, VERGE (hahahah, the pornhub shitcoin!), FACTOM, DigiByte... a...

Cuckoo for KuCoin

20 May 2022 1 minute read 0 comments Gideon6ix

  Cuckoo for KuCoinFind Out Why Millions are Squawking about KuCoin by: Gideon 6ix KuCoin’s stated goal is to “facilitate the global free flow of digital value.” This goal means that they support technological innovation that will make...

Beldex(BDX): Building applications for the crypto world

20 May 2022 4 minute read 0 comments Eddyc

Greetings Friends;   This article is about Beldex, a project that aims to stimulate and rescue the concept of privacy and boost its use for the crypto world. But how? Through essential applications for the daily life of investors, users and supporte...

Ethereum 2.0 for the uninformed

20 May 2022 1 minute read 0 comments The Crazy Dude

Hey, I'm here again! Yes, the crazy dude who writes stuff on the internet! If you are reading my Post Maybe it is because you want to know what is going on with Ethereum 2.0. I'm not the best medium for in-depth information since I'm a newcomer to...

🍞 Friday April 15 - 2022 🍞 @HeadInJars

20 May 2022 1 minute read 0 comments 🍞SurDegen🍞

🍞 Dear Diary 🍞 We have tried a lot of those jars now because we suck at fishing, I am glad we brought so many. I haven’t decide witch is my favourite yet but I will let you know. There’s a huge marketing campaign they doing, I think I got like 10 +...

Nation-State Adoption Is The Name Of The Game

20 May 2022 1 minute read 3 comments hifi.crypto

Read now to learn why nations will continue to flock to the Bitcoin standard in order to help their citizens find financial freedom and stability. Adoption in the Bitcoin space is a sight to behold. People from all walks of life are banding together...

Delete Your Portfolio Tracker

20 May 2022 2 minute read 0 comments R23

  Set It And Forget It I have been writing a bit about how looking at things heading towards the red can be a bittersweet process. On one hand you are getting another buying opportunity, but on the other hand, your investments are losing dollar...

Metaverse Weekly: Exploring the Infinite Metaverse with Deep Technologies

20 May 2022 2 minute read 0 comments Zacharias

With the rise of metaverse protocols such as Decentraland and The Sandbox, the cryptoeconomy has seen a tremendous surge in demand for digital land, space, & access to the metaverse. Much of this demand has been driven by digital scarcity - whether a...

Is Vladimir Putin's Russia behind the adoption of Bitcoin as a legal tender in Central Africa?

20 May 2022 3 minute read 2 comments ssaurel

At the end of April 2022, the Central African Republic became the second nation in the world to make Bitcoin an official currency. The African country joins President Nayib Bukele's El Salvador. This could be the inspiring story of a troubled nation...

Introducing BTC Proxy — A Revolutionary Bitcoin Bridge for the Crypto Community, Where you can do More With Your Bitcoin

20 May 2022 4 minute read 0 comments Brainardpaul

The BTCProxy is without doubts going to gain a massive amounts of traction considering what they are offering. Imagine a platform where you can earn up to 170% Annual Profit Yield(APR) from your Bitcoin. So, what is BTCProxy? Is It Bitcoin? The...