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.


WTF? Bots Warn Against Buying XRP🔸NASDAQ adds BTC & ETH🔸Elastos Lawsuit🔸Cryptopia Allowed to Open

13 Feb 2019 1 minute read 0 comments CryptoBitcoinChris

  Learn to Trade: https://www.patreon.com/cryptobitcoinchris Ledger Hardware Wallet: https://www.ledgerwallet.com/r/3cc3 ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Bakkt approval in MarchBots Warn Against Buying XRP?Nasdaq adds BTC and ETH IndicesElastos / Huobi Law...

Litecoin vs. Bitcoin Cash - Are they viable alternative payment networks?

13 Feb 2019 12 minute read 14 comments Farmer Chad

Satoshi Nakamoto, the enigmatic creator of Bitcoin, originally conceived the digital currency as a “peer-to-peer electronic cash system”. Over the years, the narrative has gradually shifted, and today Bitcoin is commonly regarded as a “store of value...

Beyond Smart Contracts: What Else Makes Ethereum the Best Blockchain Platform?

13 Feb 2019 4 minute read 2 comments Mary_Callahan

According to the ETH charts, the price of Ethereum has been taking a battering so far in 2018. The number two digital asset by market capitalization reached an all-time high this January of just shy of $1,400. It has since tumbled to $202 at the time...

Spectrecoin Newsletter (February 2019)

12 Feb 2019 6 minute read 6 comments Alias

Welcome to the Spectrecoin February 2019 newsletter and development update. Over the last month, there have been some major shifts in the exchange landscape as far as Spectrecoin is concerned. [First a note about the Cryptopia Hack] On 14/01/2019 our...

IMU will be The NEP-5 token at IMusify ecosystem

12 Feb 2019 5 minute read 1 comment Cryptoray

The proposed Token IMU around the platform iMusify Ecosystem Almost over January and equipment iMusify soon launch its initial offer for the token IMU. An ecosystem-oriented pillar of the music industry, content, and people. As in any industry, inter...

2019: Reasons BTC Recovers🔸Ripple Offers Million$🔸BitTorrent 3000 Copyright Issues🔸15% Crypto Tax

12 Feb 2019 1 minute read 0 comments CryptoBitcoinChris

Ledger Hardware Wallet: https://www.ledgerwallet.com/r/3cc3   SEC Running from BTCBinance DEX test net dateBAKKT DelayedRipple offers millions in bonusesReasons BTC recovers in 2019dApps of Value?15% Crypto TaxMake your month with these tradesBitTor...

Bounty Hunting Jobs

11 Feb 2019 2 minute read 0 comments Mchapeyama

In my previous article, I talked about bounty programmes. A bounty program is a program where participants are paid certain rewards for completing some tasks.  With the expansion of the digital platform, many people have joined crypto hunting jobs. T...

The Beginning of the Beginning!🔸$250k BTC still realistic!🔸Binance leaving ETH🔸 Mt. Gox Relaunch?

11 Feb 2019 1 minute read 0 comments CryptoBitcoinChris

Ledger Nano Hardware Wallet Factory Link:https://www.ledgerwallet.com/r/3cc3   How Bitcoin compares to all the money in the worldBinance is leaving Ethereum$250k BTC is still in the cardsBuy crypto w/ Opera BrowserMt. Gox Relaunch93% of ETH dApps ha...

How Bounty Programs Work

11 Feb 2019 3 minute read 5 comments Mchapeyama

In the traditional business model, various promotion and advertising programs are used. In more technical terms we call these marketing strategies. Marketing strategies refer to the means of making potential customers come to know about the organisat...

(IJCH) Back By Popular Demand - Double Crypto Jeopardy! ("Alex, Smart Contract Platforms for 2000, Please!")

11 Feb 2019 1 minute read 0 comments JaiChai

(IJCH) Back By Popular Demand - Double Crypto Jeopardy! ("Alex, Smart Contract Platforms for 2000, Please!")   Source   IJCH - Inside JaiChai's Head (meaning: My warped, personal opinions and musings)   Source (Base Source) From the Author: Salutatio...