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.


THE QUANTUM HEDGE FUND WANTS TO BECOME A SOLUTION FOR ALL CRYPTOCURRENCY INVESTORS AS THE QUANTUM HEDGE FUND WORKS WITH INDEPENDENT EXPERTS IN ALGORITHMIC METHODS AND ASSET MANAGEMENT MANUALS

19 Jan 2020 5 minute read 0 comments ZeusTrade

WHITE PAPER Facebook Telegram Twitter Plataform WebSite   PROJECT’S GOAL THE QUANTUM HEDGE FUND WANTS TO BECOME A SOLUTION FOR ALL CRYPTOCURRENCY INVESTORS AS THE QUANTUM HEDGE FUND WORKS WITH INDEPENDENT EXPERTS IN ALGORITHMIC METHODS AND ASSET MA...

BANANO Monthly Update #19 (January 2020)

19 Jan 2020 7 minute read 3 comments banano

Another month (and year!) is over and the time’s more than ripe to finally have another proper monthly update from the BANANO ecosystem!  Quick note ahead: The idea of those monthly updates is to keep our community informed, provide a good starting p...

How to buy crypto anonymously

19 Jan 2020 3 minute read 1 comment Treeπ

Before Bitcoin became famous, people used to believe that Bitcoin was anonymous. But because everything is recorded on a publicly shared ledger (the blockchain), it is actually not anonymous at all! If you leave a digital trail (such as buying bitcoi...

Steem Blockchain: Steem and SBD goes up again

18 Jan 2020 1 minute read 3 comments Daniella Blog

Looking at the nature of their ups, you may want to ask what's the cause of the bull run?But whichever way it happened to be, it's a good one.Earlier this morning, steem was not up to 0.15 dollars and in less than 10 hours of me posting here on publi...

Steem Blockchain: steem and SBD goes up again

18 Jan 2020 1 minute read 4 comments Daniella Blog

Looking at the nature of their ups, you may want to ask what's the cause of the bull run?But whichever way it happened to be, it's a good one.Earlier this morning, steem was not up to 0.15 dollars and in less than 10 hours of me posting here on publi...

Steemit isn't as Censorship Resistant as People Thought!!

18 Jan 2020 1 minute read 4 comments 2gen

There's an article caught my attention. I heard of things of blockchain and signed up Steemit 3 years ago but haven't used it. I thought Steemit is uncensored platform since it's based on the technology of immutability of blockchain until I looked an...

The Pi Network, have you heard of it?

18 Jan 2020 1 minute read 3 comments CryptoChopATL

The Pi Network is growing daily.  As of this week, it was announced that there are over 2.5 million miners on the Pi Network. What is the Pi Network? -Pi is a cryptocurrency designed to take to next natural step in the evolution of money.  Right no...

Weekly Crypto News Roundup - 11th- 18th of January

18 Jan 2020 2 minute read 2 comments pheonixdown-dee

Every week, I will be collecting some news stories / opinion pieces that I have found to be interesting in the crypto world and condensing them down into one easily digestible article. All the article and images are taken from a news source that I li...

What a nice view to see STEEM pumping hard!

18 Jan 2020 1 minute read 0 comments cryptomaniacsgr

What a nice view!! It's been awhile since i saw STEEM pump so hard, 31.55% and looks quite aggressive, it will not be a surprise if we are above 0.2$ in the end of the day, this pump also brought STEEM ranked 70 with a market cap at $66,952,071 very...

Where is Bitcoin Going?

18 Jan 2020 1 minute read 0 comments Nithish Floopz

The Past Week has been Bullish for Bitcoin as it has broke the long Descending Wedge which was acting as resistance. This Price action has completely reversed the market sentiment . Well Bitcoin has been Holding just below $9000 for quite some time....