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.


The Ambire Guide to Arbitrum Odyssey: Week 2 Tasks + Claiming Week 1 NFTs

28 Jun 2022 3 minute read 1 comment AlpinaBG

A crypto user’s handbook for exploring the Arbitrum ecosystem and winning exclusive NFTs — Part 2 — Hi there, Ambirenauts 🧑🏽‍🚀 We’ve seen an eventful first week in the Arbitrum Odyssey 🔥 And it’s also going to be a rewarding first week for those who...

CoinFLEX Comes Clean About Who Owes Them $47 Million

28 Jun 2022 3 minute read 0 comments Cje95

While crypto companies pausing withdrawals is something which has occurred across several platforms the way that these companies have gone about addressing the issues they are facing tends to differ.  Unlike other companies that are having liquidity...

Seth Blockchain or Phantome peer-to-peer Network

28 Jun 2022 2 minute read 0 comments Futurists Society

SB-peer-to-peer Seth Blockchain or Phantom peer-to-peer Network   Our Peer-to-peer nodes are servers and clients at the same time based on a switch on, switch off and stand-by status made by the decision tree. While the client socket has got stuff co...

Modern Economic Nonsense — What if the Fed gets inflation all wrong

28 Jun 2022 7 minute read 1 comment xuanling11

Join BitDAO to earn a $BIT token here There's a lot of news about the Fed getting inflation wrong, but what if they really are wrong 😱? People should be asking themselves as the Fed begins its new meeting cycle. The central bank raised interest rat...

Crypto incoherencies: Chapter Pi

28 Jun 2022 9 minute read 4 comments enriquemuley

Hello, PublishOx community!  This is my first article, despite the fact that I have been participating in this platform for three years, and that I was approved for my application as a writer some time ago.My idea of using PublishOx to write articles...

28 Jun: Accumulation Zone

28 Jun 2022 5 minute read 1 comment TheCryptoCurator

“You have all the reason in the world to achieve your grandest dreams. Imagination plus innovation equals realization.”- Denis Waitleybrought to you by STRIKE- Get $10Buy $BTC and Use the Bitcoin Payments Network at Zero CostBetter than Venmo and Pay...

All the things you need to know about NFT space

28 Jun 2022 9 minute read 0 comments mrkd

In order to understand NFTs it is important to understand specific terms that are commonly used in the NFT space. The members of the NFT community use these common phrases or words on daily basis, instead of long difficult sentences these small phras...

Improving what is "Under the Hood" at DBuzz

28 Jun 2022 2 minute read 0 comments dbuzz

Improving what is "Under the Hood" at DBuzz Hello, D.Buzz development enthusiasts! If you're not a developer, the phrase "under the hood" might not mean much to you. But if you are a developer, you know that the work that goes on "under the hood"...

Is it profitable to mine Bitcoin in 2022?

28 Jun 2022 2 minute read 1 comment Kolus290

Today I decided to bring a very interesting post because mining is simply a passive income practice that many people are adopting this technology to generate money passively and today we will talk about the risks involved and if it is really profitab...

Symbiosis integrates into SafePal DApp browser

28 Jun 2022 1 minute read 2 comments Symbiosis Finance

  We are constantly working on new great collaborations with leading projects! Symbiosis is now integrating in the DApp browser of SafePal wallet that aims to make crypto secure and simple for everyone. SafePal provides hardware wallet and software w...