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.


3 Undervalued Crypto Projects With MASSIVE Potential for 2020

3 weeks ago 11 minute read Adamic0 $14.26 tipped

It’s been almost 2 years now since the last crypto winter and most of the crypto seasoners are out of the game. The weak hands have been shaken out and only strong hodlers remain.  Therefore, the market is showing bullish signs once again and it all...

Everything you need to know about the Brave Browser and BAT token

24 Nov 2018 4 minute read Zoran Spirkovski $12.54 tipped

Imagine you got paid for viewing ads on the internet? Sounds unreal?  Brave & BAT are making this happen and they are growing fast.  Warning, after reading this, you will probably ditch your current browser and #SwitchToBrave. Thousands of companies...

Internet: A world where you feel the most secure but are most vulnerable in! [SwitchToBrave]

13 Aug 2019 7 minute read @cryptomandate $10.62 tipped

Very few ideas are so good that you wonder why it has taken so long for them to be implemented? A solution to a problem we thought was too complex to be solved anytime soon has been solved! Privacy on the internet used to be a luxury for those with...

OmiseGo Can Easily Get Into Top 15 Under ONE Condition

30 Sep 2019 3 minute read Jeremy Wall $9.54 tipped

With over 2900 cryptocurrencies according to CoinMarketCap, there’s no question that the market is saturated with shitcoins. Some experts predict that 99% of cryptocurrencies will inevitably fade away into oblivion as they fail to offer anything of v...

I Hesitated To Switch To Brave For 2 Years Until I Realized It Works Just Like Chrome, but is 3x Faster, no Ads and Can Use All Chrome's Extensions

12 Aug 2019 4 minute read Ra.Tomps $9.43 tipped

I have known about the Brave browser for a pretty long time now. I have been within the space since early 2017 and have managed to be able to see just a couple of up and down swings during my short time here. Back in October 2017, I had invested a fe...

Is ZCash (ZEC) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

1 week ago 7 minute read CryptoBoomer $8.84 tipped

ZCash is one of the leading privacy-centric cryptocurrencies. Using the famous technology zk-SNARKS, ZCash has earned its reputation and respect even from the supporters of other privacy coins. Whenever someone mentions privacy crypto coins, usually...

Is Bytom (BTM) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

5 days ago 6 minute read CryptoBoomer $8.53 tipped

Many people say that cryptocurrencies need to be able to “interact” with real-world or physical assets before the world can take them seriously. There are some narratives out there that say blockchain is like a solution to problems that don’t exist...

What Is Basic Attention Token (BAT)? - [A Comprehensive Guide to Understanding BAT]

25 Sep 2019 7 minute read Mr.CryptoWiki $7.82 tipped

Image source: https://www.cryptonewsz.com/basic-attention-token-bat-continues-to-gain-followers-after-the-latest-partnerships/10994/ Brave browser and its native cryptocurrency Basic Attention Token (BAT) are two very important things for the crypto...

Is NEM (XEM) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

2 weeks ago 7 minute read CryptoBoomer $7.72 tipped

The New Economy Movement or NEM, was once considered one of the strongest alternatives to Ethereum. Its native cryptocurrency, XEM, was once part of the top 10 coins by market cap. However, XEM has been slowly losing its popularity in the past year....

Is DASH A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

2 weeks ago 7 minute read CryptoBoomer $7.18 tipped

Dash is one of the privacy-centric coins that also focuses its attention on improving transaction speed and real-life adoptions. Dash is an exciting project that has been growing fast, especially in developing countries with failing fiat currencies....