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.


This Pump is Different! - Wild 5yr Prediction for Crypto/Cash - XLM/IBM/40 Banks - 5g Tsunami Coming

20 Feb 2019 1 minute read 3 comments CryptoBitcoinChris

Why this pump is differentWild 5yr prediction for crypto & cashMEW fiat withdrawalsTheta Main NetIndicators point towards rallyIBM XLM & 40 Banks PartnershipBinance overpaid BTT ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●For Business Inquiries: cryptorevolutionchanne...

GLOGmall Holds Conference in March 2019

20 Feb 2019 1 minute read 0 comments Mchapeyama

FLOGmall is an e-commerce platform for sellers and buyers who sell and buy goods and services using cryptocurrencies all over the world. On the platform sellers and buyers of goods interact.      It offers a platform for thousands and thousands of g...

Vitalik Buterin & Ethereum Team Reveal Crypto Holdings

20 Feb 2019 1 minute read 0 comments BlockchainSEO

In a February 18th, Reddit AMA, Ethereum founder and his core team revealed there cryptocurrency holdings (other than Ethereum of course). So, what exactly does Ethereum’s outspoken leader have in his portfolio? Let’s take a look. For starters, the R...

(IJCH) Ethereum's New Smart Contract Language (or How to ward off an Exodus and Attract More Developers)

20 Feb 2019 4 minute read 0 comments JaiChai

(IJCH) Ethereum's New Smart Contract Language (or How to ward off an Exodus and Attract More Developers)   Source   IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings)   Source   From the Author: Salutations....

Blockchain Explorer - What is the Explorer for?

19 Feb 2019 4 minute read 0 comments Cryptoray

Blockchain Explorer, Transparency available to everyone The viability of transparency depends on many factors, blockchain explorer is indispensable. Obviously, there are scenarios where there is no need for open and transparent publication. Although,...

#1: You Don’t Own Your Identity — The Digital Identity Podcast

19 Feb 2019 1 minute read 8 comments Chris from SelfKey

We are delighted to present the first episode of our Digital Identity Podcast: You Don’t Own Your Identity. At SelfKey one of our top priorities is to educate our community about the importance of both personal and digital identity. This podcast aim...

Founder on Axonomy 2.0: exploring distributed business model

19 Feb 2019 4 minute read 0 comments CryptoFallen

“I first came across Bitcoin in the second half of 2013. Three years later, I decided to become fully devoted in blockchain. I witnessed the rapid development of the industry, and observed the market progression over the past five years. The severa...

PROOF: New Money Coming In! - OTC Volume up 400%! - NASDAQ pushing Crypto Adoption - BTC to $5k

19 Feb 2019 1 minute read 3 comments CryptoBitcoinChris

  Just to clarify - The money from this pump didn't come from stablecoins (money already in the market) entirely. We saw a lot of people sitting with money on the sidelines starting to enter crypto. Very Bullish Sign. Proof that new money is coming...

Banano Telegram Tipbot and New Groups Launched! Get free BANANO at the launch party!

18 Feb 2019 2 minute read 2 comments banano

We have just officially launched our BANANO Telegram Tipbot, and also new official BANANO Telegram Groups in several different languages! You’ll find the list of all new groups further below. Join us for the Tipbot Release party! Everyone is welcome!...

OmnisBit Bounty Program- paying good

18 Feb 2019 1 minute read 0 comments Mchapeyama

One of the many ways people are earning online is through bounty programs. A bounty is a reward for doing a certain task. A crypto organisation called Cryptohunters is distributing its coins through a bounty program. Each individual can earn up to US...