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.


Early Bird Voting Rewards of 25% Up for Grabs in IOST MainNet Node Elections -- 21 Days Remain

16 Feb 2019 1 minute read 0 comments BlockchainAuthor

Got at least 1,000 $IOST tokens sitting on an exchange or in a hardware wallet? Well, don't let your tokens just sit there. Put them to work! The IOS (Internet of Services) Foundation's MainNet node elections are up and running now. And the earlier y...

Think Your Tokens Are Going to the Moon? IOST Wants NASA to Take Them There

16 Feb 2019 1 minute read 0 comments BlockchainAuthor

The Earth's moon is the ultimate figurative destination for every cryptocurrency. And the team over at IOST wants to take their tokens there. In yet another real-world application for blockchain tech, the cryptosphere's #58 ranked project is in talks...

(IJCH) Another Wonderful (and Timely) Video from a favorite Crypto Space Icon - Charles Hoskinson

16 Feb 2019 2 minute read 0 comments JaiChai

(IJCH) Another Wonderful (and Timely) Video from a favorite Crypto Space Icon - Charles Hoskinson     Source   IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings)   SOURCE   From the Author: Salutations. I am JaiChai. And...

Bringing Cryptocurrencies to Life: Linking the Chains

16 Feb 2019 3 minute read 7 comments Niklas Spille-Scheich

Bitcoin was good. Until we realized there's a huge volatility in its price, if you pay in my web shop tonight while I'm asleep, I do not know if tomorrow's Bitcoin price matches my yield expectations. We ended up having several hundreds of blockchain...

XLM & Mastercard - Ripple's not scared of JPM - Crypto's Killer App - Banking Cartels - ONG Pump!

15 Feb 2019 1 minute read 0 comments CryptoBitcoinChris

XLM and MastercardRipple's not scared of JPMCrypto Pep TalkCrypto's Killer AppLow Volume coins on BinanceONG Pump!Banking Cartels ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●For Business Inquiries: [email protected]●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●https://tees...

Free Resource is Like a Crypto Time Machine

15 Feb 2019 1 minute read 2 comments BlockchainAuthor

Ever wondered what crypto prices looked like at this time last year? Maybe you researched a project's website a while back but now they've made some changes contradicting their original promises? Either way, I've got a free resource to share with you...

Top Cryptocurrency Projects Part 1: TRON HORIZEN PIRL

15 Feb 2019 8 minute read 7 comments CryptoKeeper

      After having a conversation with @igort, I decided to post a blog entry about some of my favorite projects and why I think they're worthwhile, long term, investments/hodl's. I'll try and give you the best information I can, without being long-w...

Ripple vs JPMorgan? - xCurrent 4.0 to use XRP - Tron Moves Into Gaming - BTT Stablecoin Pairs

14 Feb 2019 1 minute read 0 comments CryptoBitcoinChris

Ledger Hardware Wallet: https://www.ledgerwallet.com/r/3cc3   Ripple's xCurrent 4.0 to use XRPJPMorgan Launches CryptoSpend Crypto on TinderBTT gets stablecoin pairsTron moves into gamingCoinbase pays hacker $30k●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●For Business...

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...