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.


Meme of the Day! | BestCryptoMemes.com

19 May 2021 1 minute read 0 comments Crypto Daily FX

Hey all! Following my first post on my new website project BestCryptoMemes.com, here's Meme of the Day #2, which is quite relevant right now.     Meme of the Day:     For more memes, check out BestCryptoMemes.com   Do you have any recommendations fo...

👉Texas Lawmakers Approve A Pro Bitcoin Bill ⏰ 4 MINUTE #BITCOIN SHOW #763

19 May 2021 1 minute read 0 comments Gary Leland the Bitcoin Boomer

Members of the Texas House of Representatives passed a proposed piece of legislation which recognizes the use of Bitcoin in commercial transactions. 🎥 YOUTUBE https://youtu.be/jv2CvRxu1p4 🔘 ALEXA https://garyleland.com/Alexa 🔉 PODCAST https://4Minut...

India-born Polygon in Global Crypto Top 20

19 May 2021 1 minute read 0 comments Barineka

  $MATIC @0xPolygon getting attention from mainstream media is a result of their hard work and resilience. Polygon is getting the traction they deserve. meanwhile, same India wants to ban crypto! but they cant!. $Matic #PolygonNetwork #DeFi #dapps

Pi Network - Free Money or just a SCAM?

19 May 2021 2 minute read 0 comments hrue08

I have written a couple of blogs about Pi Network now. With mixed reviews about if it's legit or not. Or if it is just a scam. Currently I am a believer that Pi Network will have some sort of value in the future.This blog is to voice some reasons why...

A easy to use trading platform that allows you to mine bitcoin

18 May 2021 2 minute read 0 comments derbycuzxrp

MINE BITCOIN ON YOUR PHONE NO HARDWARE OR BATTERY DRAINAGE  The the and age we are in has brought about a whole lot of fake cloud mining apps claiming to be able to pay you in bitcoin with insane threshold values. The difficult thing is distinguishin...

Latoken Free AirDrop and cryptocurrency exchange.

18 May 2021 1 minute read 0 comments Adrian Kabat

Latoken Free AirDrop and cryptocurrency exchange Latoken is a cryptocurrency exchange, thanks to which we can collect free cryptocurrencies. To receive free cryptocurrencies, you need to create a latoken account, if you do not have one yet. REGISTER...

What is MILF TOKEN? Hold the token and get celebrity NFT's in airdrop

18 May 2021 1 minute read 0 comments Crypto Douglas

WHAT IS MILF TOKEN? MILF Token (MILF) is a cryptocurrency operating on the Ethereum network. There are 100,000,000,000 MILF Token in supply. It is one of the many shitcoins available inspired by the meme culture. FUTURE PLANS FOR MILF Trading curren...

👉Proof Of Work Provides Seven Layers of Bitcoin Security ⏰ 4 MINUTE #BITCOIN SHOW #762

18 May 2021 1 minute read 0 comments Gary Leland the Bitcoin Boomer

According to Michael Saylor the Proof of Work architecture is a masterpiece of engineering that provides Seven Layers of Security. 🎥 YOUTUBE https://youtu.be/r6p0M09kylw 🔘 ALEXA https://garyleland.com/Alexa 🔉 PODCAST https://4MinuteBitcoin.com/762 📛...

IFARM basics

17 May 2021 3 minute read 14 comments estrenoscinehoy.com

hey mates!  I have started to investigate IFARM, I'm "Doing Your Own Research", DYOR as many people call it. So I would like to share my thoughts of what I have learned about how to handle this token given here in publish0x. where to store the IFARM?...

crypto basics: How does the PoW protocol work?

16 May 2021 4 minute read 28 comments estrenoscinehoy.com

Hey mates! Today let's talk about the consensus Algorithms and specifically of the Proof of Work protocol PoW. Let's apply to the bitcoin use case. This concept is really important because it helps to understand how and when bitcoin is created. What...