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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.


MinedBlock - Next Generation Mining Services

7 May 2019 5 minute read 6 comments yenilmez86

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What is Dtube?

7 May 2019 1 minute read 5 comments Gr8Crypto

DTube is a (Dapp) decentralized video hosting platform that uses cryptocurrency and blockchain technology to pay its users. In this video I am giving my opinion of why is Dtube one of the top Dapp running on the Steem Blockchain. Dtube is a great pl...

EARN 10,000- 1 MILLION HYDRO. SIGNED UP NOW FOR HYDRO PAY!

6 May 2019 1 minute read 26 comments Ken(Crypto Reporters)

Hello Guys, Did you know that hydro/Hydrogen will give a hydro token as much as 1 MILLION HYDRO? Please check it out since Hydro pay is coming - - fast, gasless, P2P payments on your #android or #iOS device Sign up today to get 10,000 $HYDRO, or up...

The Most Relevant Crypto Podcast List

6 May 2019 1 minute read 1 comment TheCryptoCurator

Effective immediately, this podcast list will now become only available to my Patreon supporters. As you can imagine tracking and updating this list requires a significant amount of time and energy. It it my hope that many of you who access this on a...

GEXAN - A DECENTRALIZED LOTTERY PLATFORM

5 May 2019 5 minute read 0 comments Lekato

INTRODUCTION Thе blockchain technology hаѕ rеvоlutіоnіzеd thе global lottery industry аnd ѕmаrt contracts are іdеаllу ѕuіtеd for the gаmіng іnduѕtrу. Smаrt соntrасtѕ аnd thе blосkсhаіn оffеrѕ a lеvеl of trаnѕраrеnсу thаt hаѕ nеvеr been аvаіlаblе to g...

Huge offer in Ali express, more than 1000 products under 5 $ .

4 May 2019 1 minute read 0 comments Kazi Tofael

Here Ali express offer a exclusive deals for their customer on their small products. Every exclusive products under 5$ for next 30 days. Discounts on every items with if you have any coupon , you can use this. Take your products, They show you their...

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2 May 2019 1 minute read 0 comments MAJLAT-5317

Good evening to all my fellow Publish0x, this is my another design for publish0x promotion, it's all about publish0x community. Feel free to use them elevate publish0x platform If you like my designs for publish0x community, i will appreciate if you...

REVIEW ON XCRYPT HYBRID EXCHANGE

2 May 2019 3 minute read 0 comments Lekato

The global adoption of crypto-currency has been questioned by elites in the world as a result of lack of good crypto-currency exchange. Before the general adoption of crypto-currency there is need for provision of crypto-currency exchange whereby use...

Why Gofind XR Token - Infographic

2 May 2019 1 minute read 0 comments basicnecromancycr

Website: https://www.gofindxr.com/ Author: basicnecromancycr

✴️ PI NETWORK: MINE FREE CRYPTO ON YOUR MOBILE PHONE! 📲

2 May 2019 1 minute read 20 comments charlesfuchs

What up STACKERS! One of my "crypto friends" just shared with me a new free crypto mobile app called the PI Network. 📲 So what is the PI Network? Pi is a mobile cryptocurrency and smart contracts platform that is secured, owned and operated by everyd...