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.


YFI AIRDROP

14 Dec 2021 1 minute read 0 comments Foxargon

Drop YFIC📌 Reward 0.1 YFIC, the cost can be $ 1 or $ 1000 YFIC - this is a fork of YFI. Price of 1 YFI coin MORE THAN $ 20,000$✅ https://yfichain.org/M8EZQ3- Select AIRDROP- Insert your Ethereum address METAMASK, TRUST WALLET and click SEND✅ Done. 💡O...

How to Get $25 of Free $DeSo Crypto

13 Dec 2021 3 minute read 0 comments thecharliebrown

      Would you like to get $25 of free DeSo? Imagine what could happen if DeSo moved like Solana. The $25 of Free Deso could be almost $2,500 in one year. That’s a lot of potential money to pass on when all you have to do is sign up and get...

Farm or Stake? The choice is yours! December airdrop on Loop DEX

13 Dec 2021 5 minute read 2 comments ifiwasfrank

🇮🇹 La versione italiana dell’articolo è subito dopo quella inglese   Dear Loopr, December has arrived and has brought with it the monthly airdrop of our favorite decentralized exchange, Loop! This month the rewards for hodlers and community members h...

Play to Earn | make money online with Coinbirds

4 Dec 2021 3 minute read 7 comments Cryptorange

  What is Coinbirds? Visit coinbirds and start generating extra income Coinbirds ir kind of a combination between a very simple game and faucet where to play to earn and make money online. What you do is, you buy birds then, these birds lay eggs tha...

Trade on Kucoin, earn free crypto!

16 Nov 2021 1 minute read 0 comments 0xgult

So, Kucoin has a deal going on right now where some returning users are eligible to earn crypto rewards if they make transactions, they get a chance to earn free crypto! It seems like the total prize pool is about 50,000 USDT, although I don't unders...

[AIRDROP] get reward 50000 STF (Swap Tobe Coin) = 50$

15 Nov 2021 1 minute read 4 comments Cryptospacepro

[AIRDROP] get reward 50000 STF (Swap Tobe Coin) = 50$ SwapTobe is a multi-industry eco-system that helps in the wide application of cryptocurrency in each business and as an alternative to traditional transactions. https://Swaptobe.com/SignUp/2413d7...

Trade and Earn Free Bitcoin with ZenGo Crypto Wallet

25 Oct 2021 5 minute read 0 comments Heath Muchena

If you’ve ever heard of “free bitcoin,” you might have thought this would be almost impossible. But, with more and more people taking advantage of the numerous means available, it’s clear that the concept of “free money” doesn’t just apply to the re...

The Best Free Crypto Airdrops of October 2021

14 Oct 2021 2 minute read 0 comments Cryptodamus

Finally! The moment you've all been waiting for! October's Top 10 *FREE* Cryptocurrency Airdrops of 2021!  All of the airdrops listed below are again, completely free to participate in! The only requirements are to complete each of the following task...

Faucet Shiba Inu

12 Oct 2021 1 minute read 0 comments Kudo

Faucet Shiba Inu free.shiba.limited/?r=62785 -Manual faucet -Auto faucet -Shorlink -Ptc Minimum withdrawal is 15000000 tokens

🔥 Bothered Otters Solana Based NFT Airdrop & Free Sol from Faucet until launch!

11 Oct 2021 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: ✨ 10,000 distressed, hand-drawn, cuddly and badass otter NFTs to collect on the Solana blockchain. 🔥 Get also some free SOL GIVEAWAY from Faucet on the Platform until launch!📌 Bothered Otters offers a faucet that you can claim each...