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.


PROXIMAX A NEXT GENERATION BLOCKCHAIN PROTOCOL - REVIEW

2 Jan 2020 6 minute read 2 comments Ajay Sharma

Introduction In the 21st century we had witnessed tremendous growth in technology. After the evolution of internet and its globally exception there is lots of development in technology. Blockchain technology is one of the greatest developments in ove...

IS FREEDOM OF SPEECH LIMITED in CRYPTO-SPACE ?

2 Jan 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Hello everyone, recently youtube has limited lots of well-known channels about Crypto-currencies. What does it mean ? Why this limitation about freedom of speech ? Why did they finally recognize a mistake ? That is very strange. What is your opinion...

Get Paid for Unused Internet

2 Jan 2020 2 minute read 1 comment randominternetuserperson

In this article Im going to show you how to earn crypto by selling back your unused bandwidth. If you are like most people using a high speed data connection, most of this data is not being used at certain times of the day, such as when you are at wo...

Tachyon Protocol,World first Decentralized Protocol For Online Privacy and Security

2 Jan 2020 4 minute read 1 comment Sodaf

Introducing Tachyon Protocol Technology Internet has proved to be a veritable instrument for all mankind. It has eaten deep in our society and has become an integral part of all human being. Sometimes, i personally call internet a life giver. Interne...

Cryptocurrencies attached to physical gold, after Australia it is now Turkey's turn

2 Jan 2020 1 minute read 0 comments Roberto D.

The new blockchain platform was announced last September and within a few months, as announced yesterday, it became reality; Takasbank has in fact announced the launch of BiGA Digital Gold on its official website with a press release released yesterd...

Popular terms and phrases used in the cryptocurrency space

2 Jan 2020 24 minute read 0 comments Treeπ

Due diligence is important when looking into any asset class. However, doing one’s homework may be even more important when it comes to digital currency, as this asset class has been around for far less time than more traditional assets (like stocks ...

Don't Kill Mother Earth !!!

2 Jan 2020 1 minute read 4 comments Solar Phasing

Hey Music Lovers, :0) I will make it very simple, today: Happy new year 2020 to all!Health & Love. Much Happiness!Some Cryptos!? We all have the same house: Planet Earth Earth Message - From Relics EP (September 21, 2017)https://solarphasing.bandcam...

The Origin, History and Evolution of Money -The Transition to Cryptocurrency (BITCOIN)

2 Jan 2020 6 minute read 27 comments CryptoSorted

He who sacrifices freedom for security deserves neither ~Ben Franklin So you haven’t heard about bitcoin before or probably you have but don’t understand anything that was said about it or you simply don’t buy the idea. This post is exactly what yo...

ANNUAL JANUARY PUMP OR DUMP? GOOGLE SOFTENS TOWARD CRYPTO! VET: WHEN MOON? ETH BETTER CODE THAN ADA?

2 Jan 2020 1 minute read 0 comments CryptoBitcoinChris

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: [email protected] Ja...

Price analysis 2, Jan Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

2 Jan 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH have almost lost 1% in its price in the previous 24 hours. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $7,108.96 with a loss of -0.833260% in its price in the previous 24 hours. B...