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.


Is it profitable to invest in Ethereum (ETH) in 2022?

2 Jul 2022 1 minute read 0 comments Kolus290

Nowadays investing in Ethereum (ETH) is profitable as long as we have in mind to invest in the long term. There are many other cryptocurrencies much more profitable than Ethereum when it comes to mining. Although I must mention that in the Ethereum (...

Liquidity mining

2 Jul 2022 1 minute read 1 comment adereign

Liquidity mining is when projects that do not have their own Token (usually because they are a ChainLink dependency) decide to create a token that is used to make the product more efficient or get more users. The original usage was for the ParentChai...

Technical Analysis - Part X

2 Jul 2022 8 minute read 0 comments cryptogod-1

Good day everybody, Welcome to CryptoGod-1's blog on all things crypto. Today we are going to continue the series on Technical Analysis and why it can be such an important asset for new or experienced traders. In this series I am covering some of the...

HUGE PROJECT "Libera Financial"

1 Jul 2022 1 minute read 0 comments luisss

********** HUGE PROJECT ********* Join World’s First ​​Auto BUSD Miner! -High Yield BUSD staking with 1095% APR -ALWAYS earn 3X times of your total deposit with 3% paid daily. -Utilizing LIBERA-BUSD LP - your earning is potentially higher than 3% a d...

All you need to know about Algorand Governance

1 Jul 2022 5 minute read 4 comments Destiny_

Bear market or Crypto-winter whatever you may call is here to stay. It is time to hoard and hodl and it is also time for another governance period on Algorand. Governance period 4 registration has started and it is one of the safest way to earn a goo...

Moonwell Artemis: Breaking the Limits of the Moon

1 Jul 2022 3 minute read 0 comments Eddyc

  Greetings Friends;     The world of finance has been changing in recent years thanks to technological advances in the blockchain and of cryptocurrencies as a whole and to complete and praise this evolution in this article I will write about Moonwe...

Powered up 200 Hive today for HPUD and my Monthly Hive stats

1 Jul 2022 1 minute read 0 comments Bala

Every month the first day is considered Hive Power up day. Many people who believe in Hive do a power-up on this particular day. I have been participating in HPUD for the past 2 years and even more than that if I'm not wrong from the Steem days....

Modern Economic Nonsense — Payment apps move away from the fiat currency

1 Jul 2022 7 minute read 0 comments xuanling11

Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5! The wo...

Top 7 Crypto Gaming Guilds

1 Jul 2022 4 minute read 0 comments Heath Muchena

What are Crypto Gaming Guilds? A gaming guild is a group of gamers who form a team to play video games together. Some guilds are more organized, and they enter and win competitions. But others are made up of friends who like playing the same video ga...

World’s Most Popular Smart Contract Development Companies

1 Jul 2022 3 minute read 0 comments ICODA Agency

In 1996, American cryptographer Nick Sabo was one of the first to propose the concept of the smart contract – a system which aims to provide the same functions as code-free contracts while taking advantage of automatic mechanisms, reducing the amoun...