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.


Batmine VS Eco friendly blockchain for the future crypto world

19 Jan 2020 2 minute read 0 comments Shehara

It's 2020 will be the year that the blockchain system will start rolling on to to the top of the digital environment. Many blockchainers tend to think about the new technology adoption to the digital currencies to make convenient use of the customers...

19/01/2020 : CRYPTOCURRENCY MARKET AFTER BITCOIN HITS IMPRESSIVE 9000 $

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

Good day dear friends, Readers, Crypto Investors, Crypto Developers, Crypto Enthusiasts, This Week, Bitcoin and Ethereum HAVE BROKEN the BEARING channel by the top and has launched a powerful BULLISH trend. This could be a consider, according to some...

Afreeindian Journey - Lucian Nagy & Balkumba Tribe on Atom Collector - listen and earn your #

19 Jan 2020 1 minute read 0 comments Lucian Nagy Composer Multi ethnic instrumentalist

You can listen to my music and earn #atom token    Register here and earn your atom tokens:   https://www.atomcollectorrecords.com/beta/register1.asp?rb=9153 Live video of the recording session on the album - State of Soul Download Here https://lucia...

Crypto Sports: Sports on the Blockchain

19 Jan 2020 4 minute read 12 comments M87

Blockchain has been having impacts in many different industries such as medical, import/export, finance, gaming, etc. and the trend continues in sports. Sports leagues and franchises around the globe are joining the crypto revolution and adopting way...

Was 2017 designed?

19 Jan 2020 15 minute read 15 comments mduchow

On January 1st 2017, Bitcoin opened up at $973.37. In the span of 11 months following, Bitcoin grew 2000% and topped out at a price of $20,000 - and, to say the least, it caught the majority of people off guard. As expected, many were skeptical knowi...

Sacramento Kings Embraced blockchain made in Ethereum! Targeting $5.4 Billion

19 Jan 2020 1 minute read 0 comments Crypto Beeporter!

Sacramento Kings Embraced blockchain made in Ethereum!   This Sports Memorabilia targeting about $5.4 Billion in the Market, Sacramento Kings have partnership with New York-based blockchain software company ConsenSys to public the latest platform for...

Loopbomb the perpetual art machine

19 Jan 2020 1 minute read 7 comments favicon

Loopbomb is one of the #CantBeEvil winners of Blockstack.org's app registrar. Loopbomb [beta] is a dynamically evolving artwork, an art mixing engine cycling through visual elements pulled from an ever expanding image bank. It's a game of luck, tast...

19/1//2020 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

19 Jan 2020 1 minute read 1 comment Daniella Blog

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 19/1/2020HAPPY NEW YEAR!The market continues to be Green and it is up again with about 2.99% and BTC has gone beyond $9,000.00 this morning.What a rush!NB: The pri...

How to Set Up the Bitmain Antminer V9

19 Jan 2020 3 minute read 4 comments AverageVancouverite

The Bitmain Antminer V9 In the past days, I have been reviewing various miners. Today, I will be giving a run through about how to set up a Bitmain Antminer V9 SHA256 miner! I'll also give the specs of the device, do a short review, and run through...

Coinmarketcap 18/01/2020

19 Jan 2020 1 minute read 0 comments sevillaespino

The weekend begins and best wishes to all of you my dear readers as well as new readers, I hope today Saturday you have managed to spend time with your families and I wish you a very productive working day, if you could not spend today with your fami...