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.


Will the Big Rally Continue? The Monthly Crypto Outlook For June 2019...

3 Jun 2019 2 minute read 0 comments The Global Crypto Press Association

Welcome to the June Crypto Outlook with Contentworks, an agency specialising in content marketing for financial services, crypto and blockchain.   May was one of the best months in the cryptocurrencies industry this year. In the month, the price of B...

STO Vs IEO

3 Jun 2019 1 minute read 0 comments aaaDeodivine

Recently the craze for IEO and STO became rampant amongst crypto enthusiasts. IEO stands for Initial Exchange Offering while STO stands for Security Token Offering. Now my question is which do you prefer, IEO or STO?  From my own point of view, IEO d...

Still Trying To Rack Up BountyOX And Hydro On PublishOX

3 Jun 2019 1 minute read 1 comment duckmast3r

I have been using PublishOX for a good while and I have been trying to rack up a good amount of bountyOX and Hydro. I think it's been over a month and I've been able to get about $1.33 worth of PublishOX and $5.10 worth of Hydro. I believe the prices...

XCRYPT: AN EXCHANGE PLATFORM FOR ALL

3 Jun 2019 3 minute read 3 comments Gato1

The ethereum system has norms for tokens to be made on it. anybody canapproach the ethereum system to make a token for themselves. the maker isrequired to give subtleties and set standards utilizing the parameters given by the system dependent on wha...

which coin do i hodl !!???

3 Jun 2019 1 minute read 1 comment salahchiva

Frankly since the time I studied the market And found many currencies that support major projects One of these currencies is lisk currency It has many advantages and has long been an investor in it and I store it for the long term   Now their price...

ARENA MATCH GOLD - The eSports Revolution

2 Jun 2019 5 minute read 1 comment SheyCrypto

The world is gradually unravelling new ways to use Blockchain technology. While most people would easily think of cryptocurrency and finance every time the word “Blockchain” is mentioned, there is more to this technology. Industries such as agricultu...

THETA

2 Jun 2019 1 minute read 0 comments cryptonewz

Theta is an infrastructure for decentralized video streams. Theta has a partnership with Sliver; a platform similar to Twitch which is growing fast. Watching streams on Sliver uses your bandwith and in the process you earn Theta Fuel; token which is...

ARENA MATCH GOLD - The Skill-Based eSports Gaming App

2 Jun 2019 6 minute read 0 comments Brainardpaul

Gaming and blockchain, you heard of it, you seen it and you probably used it, you can’t stop it, as it is the future and the future is now. Gaming and blockchain is a marriage born in heaven - items in games can be tracked using blockchain technolog...

ENJIN games

2 Jun 2019 1 minute read 2 comments cryptonewz

Enjin is getting more and more games every month!  Here is the list of projects atm: War of Crypto 9Lives Arena Age of Rust CryptoFights Cats in Mechs Bitcoin Hodler AlterVerse HEX World Makerverse Dyverse Containment Corps Kriptomat The Six Dragons...

My story with Cryptocurrency and the dark internet

2 Jun 2019 1 minute read 0 comments salahchiva

cryptocurrency and the Dark Internet I remember in 2017 I began to hear that there is an cryptocurrency and only used to buy from the Internet And all the news was saying it A fraudulent coin that belongs to the dark internet They are traded in dange...