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.


An Introduction To Smoke.io - Part 4: Understanding The Wallet & Rewards #SmokeCryptoMinute

2 Jan 2020 1 minute read 4 comments d00k13

Part 4: Understanding Smoke.io Wallet & Rewards In this video you will learn how your rewards on Smoke.io relate to the wallet and how to earn curation rewards. Start earning for your cannabis interests, post, comment, or powerup and curate! Wh...

SAMSUNG HEALTH X LYMPO — IS IT POSSIBLE TO EARN AND HAVE FUN WHILE YOU DEVELOP HEALTHY HABITS?

2 Jan 2020 1 minute read 0 comments congtubac

Down the road, our friendship became more prominent, and from October 15th to November 19th, we have begun Samsung Health x Lympo healthy habit month. It was an exciting month for the Lympo team as well as our community. This month was all about to i...

Cryptocurrencies I'm Passionate About

2 Jan 2020 1 minute read 4 comments Crypto [Neo]

A lot of people ask me which cryptos I'm passionate about and why, and over the small break for new years today I thought I'd compile a list of the main reasons I've invested into some of my portfolio options: BTC/LTC - I've invested into Bitcoin and...

Coinmarketcap 01/01/2020

2 Jan 2020 1 minute read 0 comments sevillaespino

Happy New Year to all users who visit and support me with their vote my posts every day, I will share with you what is the market closure for this day, I'm glad that the year begins with a good foot. Today's market achieved its first increase of the...

HARMONY | Secure blockchain based on fragmentation

2 Jan 2020 6 minute read 0 comments nachomolina

src   Introduction Blockchain was born with the objective of creating a decentralized space where virtual assets support a free and secure economy, which is not controlled by any entity and is capable of offering trust. We will assume as a referenc...

The 4 biggest trends for crypto 2020

2 Jan 2020 1 minute read 0 comments nzflyer

Here are 4 biggest trends for look out in 2020 1 Halving Biticoin in may will halve from 12.5 to 6.25 we have seen this before with results will this time see more rich people 2 Come Libra In this summer Libra will enter the market if their Facebook ...

What is a Satoshi? Where did this term come from?

1 Jan 2020 2 minute read 1 comment Treeπ

What is a Satoshi? Maybe you’ve heard of the phrase “stacking sats!” and wanted to know what is a Satoshi? Where did this phrase come from? How is it used today? The satoshi represents one hundred millionths of a Bitcoin. Small denominations make Bit...

Get rewarded for your opinion on Crowdholding

1 Jan 2020 2 minute read 2 comments Sara Spa

Businesses are becoming increasingly more dependent on a timely and unbiased customer feedback. Crowdholding is a platform which connects businesses directly to eager customers and helps with testing out new products, designs and concept. In return...

2020 - Reaccumulation phase in Cryptocurrencies

1 Jan 2020 1 minute read 2 comments kcherukuri

Dear Friends, This is the first post for me in this platform. I am not new to blogging but relatively new to this platform. Hopefully I will start enjoying this platform. I have a habit of posting the year end prediction of that year during the initi...

Have you tried a Blockchain Based Game - Not yet Then Do It Now

1 Jan 2020 3 minute read 4 comments Ajay Sharma

Good morning, good evening good after noon depending on where are you in this world this is @ajks with today blog. Since the revolution of internet has begun and it's globally acceptance increased the idea of entertainment has spread across the world...