Blockchain News, Opinions and Analyses created by users.

Blockchain

30,836 Articles 244 Followers

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.


Hodgepodge Day #1

32 minutes ago 1 minute read 0 comments WealthDoll

....hi there yes, YOU hi! Today it was my health, my anti crypto nature fostered by not wanting to be bothered, missed meetings in tokenized real estate, and reading important stats and making sure I finished registering for Global Defi Summit starti...

PayrLink - Escrow and Arbitration using blockchain technology

2 hours ago 9 minute read 0 comments P.M. Dizon

Let's review and discuss PayrLink. It's a new DApp that allows decentralized escrow and arbitration.  Legal Technology (Legaltech) used in arbitration enabled more rapid and supposedly reliable settlement approaches by providing case management solut...

Is it time for Miners to abandon Ethereum?

2 hours ago 1 minute read 1 comment Rands888

Is it time?  I have been asking myself this question for some time now, even before Berlin. The profits have been pretty solid, especially when Eth was over $3k, but the foundation has repeatedly been shitting on the very population that keeps the bl...

Be a part of something SMALLER

3 hours ago 4 minute read 0 comments HattyHats

I have been waiting for an opportunity to write something. Life has been a little hectic lately and I have been overly busy lately. I am glad I get the chance to reach out and talk about some of the things on my mind and some projects I have been foc...

Ethereum Technical Analysis 06-23-21

5 hours ago 4 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $1.8K and goes down around to $1.7K and stable around $2.0K. The average transaction fee is $9.50 which is 46.38% increase from 06-22-21. Ideally, gas fee should below $10 and it is low now. Ethereum is strong su...

Could Blockchain be a game changer for Foreign Aid?

5 hours ago 1 minute read 0 comments Paul Straker

"The UN estimates 30% of all aid ends up in the hands of corrupt institutions..." (PA Consulting). That's a pretty shocking statistic.  Yet Blockchain could change that.  To be clear, I don't mean donating crypto.  I mean using Blockchain tech. Aid...

Bitcoin Technical Analysis 06-23-21

5 hours ago 4 minute read 2 comments xuanling11

Technical Analysis Bitcoins opens at $32K and goes down to around $31K and stable around $32K ~ $33K. The average transaction fee is $7.88 which is 22.55% increase from 06-22-21. As I mentioned yesterday, Bitcoin drops around $28K since All Time Hig...

CC314 - Paid Network An Ecosystem of DeFi DAPPS

5 hours ago 1 minute read 0 comments Chesatochi

Paid Network bet on the popular trend of DeFi and bring a lot of outstanding features like arbitration or reputation scoring. It is exciting to see so many innovations and Paid Network is one of those. Paid Network website: https://paidnetwork.co...

AMA with Chain Games Founder & CEO Adam Barlam

6 hours ago 13 minute read 0 comments Sandropiers

Disclaimer: This AMA and information here within may contain forward-looking statements. Please review the full disclaimer and disclosure the end of this post. Nothing in this post should be viewed as investment advice. Hi everyone and welcome to our...

#Revisiting Episode 328 – The Bitcoin Psyop

8 hours ago 17 minute read 0 comments TheCorbettReport

  DISCLAIMER: This article was published on January 20, 2018. Many things have evolved since that date, especially in relation to cryptocurrencies and blockchain. Consider the context of the time.I found it interesting to go back in time and revisit...