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.


Ethereum Preparing for RALLY ?! Price Analysis News

22 Jan 2020 1 minute read 0 comments Scrembo

Discover the latest technical analysis for Ethereum. Currently ETH is consolidating above major support lines representing future high probabilities of bullish breakout. Let's find out more in the technical analysis video. Waiting you inside, https:...

Best place to Start in Crypto & EARN Bitcoin! INSANE rewards! (OVER $11,000 TO BE MADE)

22 Jan 2020 2 minute read 2 comments bitsavage

Here is a curated list of simple "must haves" to enter the crypto space and thrive!   0.**(USE LINK TO GRAB ONE NOW!!!) - http://bit.ly/37Ym4C0  **BIG DISCOUNT - HURRY WHILE SUPPLY LASTS**) This cold wallet is a crypto fav! Store your digital assets...

2 Reasons Why Bitcoin Could Hit $20,000 in 2020 #473

22 Jan 2020 1 minute read 0 comments Gary Leland the Bitcoin Boomer

The market is serving more bullish narratives for 2020, many of them predicting the Bitcoin rate to close above its historical high of $20,000. Let’s take a look at 2 reasons that could send Bitcoin to a new high. YOUTUBE: https://youtu.be/HLrcEU396...

Introducing the RHOAM Referral Program: EARN 10% while offer lasts!

22 Jan 2020 2 minute read 0 comments Rhovit

  Starting with our next mini pre-sale, we are opening a RHOAM referral program. There are two main parts to it: Cash Back: 10% earnings when you refer an asset to a friend and they purchase it. Top 10: Leaderboard where the top 10 users with the m...

Genesis of Mass Adoption

22 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day Video of the Day: Altcoin Daily Podcast of the Day: Off The Chain hosted by Anthony Pomplianow/Peter Johnson, Principal at Jump Capital Promoted Brand iTrustCapital - Trade Cryptocurrency & Physical Gold in Your IRA/401K

What is Horizen ( ZEN )

22 Jan 2020 1 minute read 0 comments Snow Under Sun

Horizen ( ZEN ) is a hard fork of Zcash. It provides privacy focused blockchain. It uses Zcash's ZK ( Zero knowledge proof ) technology. It has private chat ( Zen Chat ) Zen is listed already in Binance, Huobi, Bittrex and other exchanges. Recent cir...

Daily Affirmations - Crypto Edition

22 Jan 2020 1 minute read 0 comments Adamogz

I believe in myself. There are times to HODL and times to sell - I will not be afraid to take profits. I am the master of my own emotion. 

First Night here

22 Jan 2020 1 minute read 0 comments Alekswin

I AM FRAGMENTED

Bitcoin will be fungible

21 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day Video of the Day: Altcoin DailyPodcast of the Day: Unchained hosted by Laura Shin w/ Brendan Eich Promoted Brand iTrustCapital - Trade Cryptocurrency & Physical Gold in Your IRA/401K

MegaCryptoPolis 3D - decentralized city builder game running on Ethereum blockchain

21 Jan 2020 9 minute read 0 comments CEDCryptoCoin

    MegaCryptoPolis (MCP) is a simulation game similar to SimCity 4 and Cities XL. Players buy land and build structures to increase their influence within a district or throughout the gameworld.  Most of MCP’s game mechanics run on the Ethereum net...