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.


How Binance helps Ukraine

30 Jun 2022 1 minute read 0 comments Cryptotexty

Back on February 27, 2022, Binance announced that it had allocated at least $10 million for humanitarian aid in Ukraine through its Binance Charity Fund. Several months have passed and it's time to see how exactly these funds were used. By the way, i...

Trade Setup - 4HR Chart - Bitcoin

30 Jun 2022 1 minute read 0 comments Blue Face

Hey folks. I hope you are doing well. I got my eye on a small trade setup for Bitcoin (BTC) on the 4HR Chart.  I got Entry Price at or near $19,168.00 in the Golden Pocket, using the FIB Retracement. I got Entry Price by pulling from bottom to the t...

SEC Investigation Status into Do Kwon and Terraform

29 Jun 2022 4 minute read 0 comments Cje95

Something that I was only aware of once I looked into it was that Do Kwon and Terraform Labs have been having legal issues for a while now. Both Kwon and Terraform Labs have been under investigation by the Securities and Exchange Commission (SEC) sin...

A Bear Market is Natural and This Is More Like Yogi Bear Than Death Bear?

29 Jun 2022 3 minute read 1 comment Hypothetical

Many people have asked me if this bear market worries me, and for a long time my answer, yes but in a 20 year time span none of this will matter. For the first time, today, my answer has changed. This bear market might be the greatest thing for the c...

Modern Economic Nonsense — The Bitcoin apocalypse is coming

29 Jun 2022 10 minute read 16 comments xuanling11

Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5! The wo...

Flash Loans

29 Jun 2022 8 minute read 4 comments cryptogod-1

Hello everyone, I hope you all are having a great day, welcome to CryptoGod-1's blog on all things Crypto. In this post I will be looking at a very interesting topic in Flash Loans. Many people have probably come across this terminology before, and m...

Yield App partners with Unstoppable Domains to unlock full potential of crypto

29 Jun 2022 2 minute read 5 comments Publish0x PRs

PRESS RELEASE, WEDNESDAY 29 JUNE 2022, Estonia Digital wealth platform offers customers free NFT domains in partnership with Unstoppable Domains   Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 c...

Bitcoin at $20K – A Nightmare for Speculators, a Dream for Bitcoiners.

29 Jun 2022 2 minute read 0 comments ssaurel

After 9 weeks of red weekly candles, the price of Bitcoin has stabilized around $20K for about 10 days now. Extreme fear remains in the market, but seeing the price of Bitcoin moving sideways below the $21.6K resistance is allowing some investors to...

LiteDoge: A fun project for any age

29 Jun 2022 2 minute read 0 comments Eddyc

  Greetings Friends;   Joy is something motivating for the human being and without it we get nowhere. In the crypto world it's no different because as we can see the great valuations are based on great joys and technological advances. A segment that...

The Other Side of Moderating the Metaverse

29 Jun 2022 7 minute read 4 comments Abhijoy Sarkar

Moderators at Big Tech are the unsung heroes of our social media and internet experience today. The cleaners of the interwebz if you will. Evidence of their work stays obscured from us. It is only when unintended slip ups occur that the consequences...