Blockchain News, Opinions and Analyses created by users.

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.


Analysis Of Blockchain Music Platforms – PeerTracks (SounDAC)

12 Aug 2019 4 minute read 8 comments JungleOnion

I briefly explained in my previous post How Blockchain Will Disrupt The Music Industry certain aspects of the music industry that prevent the musician from fully taking advantage of their art and generate the revenue they deserve mostly because the i...

BEYOND BITCOIN. The Future of Digital Currency. Part I

12 Aug 2019 10 minute read 0 comments CloudCoin

Envision a new future... Imagine, if you will, a future where there will be no banks - except the banks on your cell phones and computers. There will be no tellers, vaults, loan officers, or buildings to house them. Accountants will become a professi...

BGOGO & Trust Dice

12 Aug 2019 1 minute read 0 comments Trust Dice

Trust Dice team is so excited to announce a new partnership with BGOGO (BGG coin-ERC20)!This cooperation helps both sides to increase the number of use cases and involve the community of each project to work together. Besides, it’s been inspiring to...

ABBC Releases Major Platform Update, Steps Closer to Crypto eCommerce Vision...

12 Aug 2019 3 minute read 0 comments The Global Crypto Press Association

Dubai, UAE, August 9th, 2019 — The ABBC Foundation, in partnership with New York-based custom blockchain development firm, DeepDive.Tech, is proud to announce the production release of ABBC’s new blockchain and multi-platform/multi-crypto wallet. ABB...

Ethereum's Co-Founder Has a New Project Valuated at $1.2B And You Probably Haven't Heard Of It

12 Aug 2019 1 minute read 5 comments kevW!ls0n

Ethereum co-founder and programmer Gavin Wood’s current venture, the Polkadot (DOT) project, has concluded its token sale, selling 500,000 DOT tokens at a targeted value of a staggering $1.2 billion. No mention was made of the total sum of the funds...

ONEROOT DEX Launched R1 "Preferred Project" Plan -- The First Partner MakerDao (DAI)

12 Aug 2019 1 minute read 0 comments ONEROOT

"Everyone hates the summer’s heat, I love the summer’s long day". ONEROOT DEX, together with R1 protocol, launched R1 " Preferred Project" Plan in this amazing season. This plan seeks to discover the projects with the highest quality globally. The ch...

Defi lending and borrowing services - follow up

12 Aug 2019 1 minute read 4 comments fblauer

As a follow up to to my previous article on lending and borrowing platforms, I have decided to provide an update. I have been using mostly Compound and Nuo for lending Dai and USDC stable coins (pegged to the US dollar) and earning pretty good rates...

EOS(IO): The Future of Mainstream Adoption

11 Aug 2019 11 minute read 7 comments @cryptomandate

We all know and pretty much have no doubt now that blockchain is the future. What we may be less sure of however is which blockchain exactly, how will it be better than the rest and why will the majority of users choose it over the other blockchains?...

SNAX integrating the STEEM blockchain on May 14th

11 Aug 2019 2 minute read 0 comments niallon11

SNAX Blockchain This is an interesting project that came to my attention a few months ago and I signed up to it when I got the chance. What is Snax: Snax is a blockchain which rewards people for the content they create on public social media and pro...

Electroneum The Big App earn Cripto free

11 Aug 2019 1 minute read 0 comments lancelot7

Hello already know the app electroneum she mines virtual coins with it you mine for free in cloud to etn just download the app in playstore then create and confirm your account takes less than 2 minutes done this you click start miner payments are ma...