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 To Choose a Blockchain Node Provider?

12 Aug 2022 1 minute read 0 comments GetBlock

Web3 technology is a difficult mechanism requiring knowledge of programming skills and in many cases - thorough experience. Node providers work as a gateway for web3 developers via which it is possible to launch blockchain-based products fast and eas...

KuCoin Win AMA With Torches Finance — Committed to Being the Most Convenient and Popular Lending Protocol on KCC

12 Aug 2022 4 minute read 1 comment Torches

  Dear Community, Time: August 9, 2022, 11:00 AM — 11:46 AM (UTC) KuCoin hosted an AMA (Ask-Me-Anything) session with Ryan, the Operations Manager of KuCoin Win, and the Co-founder & CEO of Torches Finance, Joe, in the KuCoin Exchange Group. Officia...

Time to get creative!

12 Aug 2022 3 minute read 0 comments CBYS

Creativity Creativity, that's what NFTs are all about! This is the second post in the series on making and selling your NFT collection using free and opensource software. You can find the first one HERE Creating the images is the most fun part of the...

12 Aug: Huobi Acquisition in the Works?

12 Aug 2022 5 minute read 4 comments TheCryptoCurator

"Nothing is a waste of time if you use the experience wisely."- Auguste Rodin Powered by Super Coffee - Positive Energy! It's FRIDAYYYY Folks! Most covered news this morning is SBF or Justin Sun in talks to buy the majority of Huobi Global Exchange (...

The lion takes a walk alone because he knows his potential

12 Aug 2022 4 minute read 1 comment milaagrosramirez

Potential a word with indeterminate perspectives, a word that can never be missing from our vocabulary and life dictionary, potential is something that lies dormant on countless occasions, we must find a way to bring it to light, thanks to knowing i...

Callisto Network Ecosystem - July Recap

12 Aug 2022 6 minute read 0 comments Callisto Network

Summer is supposed to be a time for relaxing. Slowing down amid the grinding heat. Vacations at the beach. Maybe chilling with an Aperol Spritz at a breezy outdoor café on a warm afternoon. But here at Callisto, summer activities have been hotter tha...

Is Certified Blockchain Security Expert (CBSE) worth it? should you join?

12 Aug 2022 3 minute read 0 comments 101Blockchains

Blockchain has grown at a comparatively humongous scale for new technology. The important traits of blockchain technology, such as decentralization, immutability, and cryptographic security, have fuelled the applications of blockchain in different se...

Wanna be a Content Moderator :- Uhive is hiring.

12 Aug 2022 1 minute read 6 comments Mankoo_Uhive

Oh well first of all, your question will be what's Uhive is? Then in simple words, it's the world’s first social metaverse which is built on decentralisation and pays back to its users whatever they do the same things on the traditional social media...

The Unique Quality That Gives Bitcoin The Upper Hand

12 Aug 2022 3 minute read 0 comments Sapphire

Correlation To Risk-On Assets For the meantime, Bitcoin continues to function as a risk-on asset. It is largely seen as a speculative and high-risk investment vehicle. In a risk-on environment Bitcoin generally tends to perform well. There has been a...

Market anxiety sees crypto and equities slump ahead of CPI figures

12 Aug 2022 1 minute read 0 comments Stormgain

Uncertainty sent risky assets tumbling Wednesday morning as investors held off on trading, waiting on the news of the US consumer price index (CPI), which came later that day. Bitcoin's (BTC) recent rally past $24K has subsided, with the original cry...