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.


BAT Scams are Everywhere

14 Jan 2020 1 minute read 6 comments circuitops

Since the release of the brave browser, BAT was one of the Rockstar that got the attention of the cryptocurrency community and internet surfers around the globe. With this, everybody wants to invest and get tons of BAT. The problem right now is the s...

Coinmarketcap 13/01/2020

14 Jan 2020 1 minute read 0 comments sevillaespino

We begin a new week of life as well as a new working day in our beloved world of cryptomonies and not forgetting also the work of each of you my readers, I wish you a very successful week for your investments and that you achieve a lot of income in t...

Just Flow With The Go!

14 Jan 2020 4 minute read 0 comments JungleOnion

Just flow with the go is I guess the sometimes backwards mentality some of us have in blockchain/crypto communities when we don't participate or engage in them and are invested in the native cryptocurrency. Sometimes we let time decide what will happ...

US Department of Treasury Testing Blockchain To Track Federal Grants.

14 Jan 2020 1 minute read 0 comments alberdioni8406

It is a time of adjustments and blockchain technology is a reliable, obvious and green manner of granting immutable transactions.American Department of Treasury is trying out the blockchain tech for tracking federal transactions, using the proof of c...

Horizen (ZEN): an Innovative Blockchain and giving away everyday directly to Your Wallet

14 Jan 2020 1 minute read 3 comments hgminh

As you may know, recently ZEN is increasing its value on the cryptocurrency market.  Horizen is built upon an end-to-end encrypted system using zero-knowledge technology, over which communications, data, or value can be securely transmitted and store...

AML Token pre-announced by Transcendence blockchain

14 Jan 2020 2 minute read 0 comments Teloscoin

ARES Computer is building an ecosystem that offers on-demand access to KYC services. ARES also intends to introduce the AML Token that participates in the ecosystem and will be used to transact in identification processes and related services. Beside...

Welcome to Trader's paradise!

14 Jan 2020 1 minute read 0 comments MadMaxx

Hey guys! Welcome to trader's paradise. This is one of my experiment blogs, where there will be posts on how to trade crypto, which crypto to trade, and a monthly review of my test portfolios. I am doing this because on my other blog, Crypto fondue,...

Why you should care about the lightning network.

14 Jan 2020 2 minute read 0 comments MadMaxx

The lightning network is, simply..... underrated. Imagine being able to send a Satoshi to someone for no fee. Incase you're not aware, you can't send a Satoshi to someone else. The mining fees would be greater than the Satoshi you want to send, and a...

Digital Gold and its relationship with Blockchain Technology

14 Jan 2020 3 minute read 0 comments rexa

Introduction Gold is a highly esteemed metal. In fact, among all metals, it is the most esteemed, perhaps because of the high value placed on it from ages. It has however been interlaced on human improvement for a long period of time. Coins related...

DEFI. Revolutionize credit power in Blockchain | Blockchain | Ethereum | Cryptourrency |

14 Jan 2020 4 minute read 1 comment nachomolina

Introduction   Usually the average worker is accustomed to work dependent on collective bargaining that contemplates a series of rights and duties.   Some benefits are part of the hiring: Housing credit Payment of social benefits Transport voucher Fo...