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.


Opensource/Blockchain Alternatives to Facebook/Meta

22 Jan 2022 4 minute read 9 comments MintDice.com

Facebook is a great way to connect and keep in contact with friends. Especially now that Mark Zuckerberg has announced its plans to change the name to Meta, and expand into the metaverse. There’s one problem, and it’s that Facebook is stealing, and...

Making the most out of your cryptocurrency investment.

11 Feb 2022 6 minute read 3 comments Dzoelx

Two contrasting messages; “cryptocurrencies are the best performing assets in the past decade” and “cryptocurrency investments are Risky!”. Same topic, different assertions, both of them correct. While many have made life changing wealth through cry...

Waste of time, resources and money on Cryptocurrency mining apps in Mobile phones.

23 Jul 2021 3 minute read 26 comments scratcrypto

  Now, all the sudden explosion trend of the cryptocurrency mining apps used for games, stimulations, financial and cloud. It sure remind me of coconut oil. All the sudden they are in shop stores in last several years. Where were they back then? Supe...

Anomus Brings Blockchain VC’s To Fight Corruption

9 Nov 2021 3 minute read 3 comments Publish0x PRs

Anomus is a platform that is dedicated to exposing the terminal rot that has infested mainstream media channels.  The team behind it and the venture capitalist invested in the project are true believers in providing the world with community-verifiabl...

Chainlinking the Dots: Smart Legal Contracts via Hyperledger Fabric & The Accord Project with Docusign

9 Jul 2021 6 minute read 3 comments CryptoCulture

Chainlinking the Dots: Smart Legal Contracts via Hyperledger & The Accord Project with Docusign     Written By: Isaiah Payton 7/8/21   It seems the terms “Chainlink”, “Smart Legal Contracts”,  and now "Attested Oracles" should be looked at synonymou...

BetaMars Has Released 250 Co-brand Ticket NFTs.

29 Dec 2021 1 minute read 8 comments Publish0x PRs

Bonus At The Bottom. According to official news, BetaMars project has raised $2.5 millions seed investment from Youbi Capital. Both sides have reached a cooperation on the further building of BetaMars.  The director of Youbi Capital said, "Metaverse...

Get Ready for a BIG Move in the Crypto Market | RTWM 1.27

19 Mar 2022 4 minute read 3 comments Zacharias

RekTimes Weekly Markets 18 March 2022: RekTimes returns this week after a short March hiatus. Before diving into the news & analysis for the week, there are some important (and exciting) updates to share! Our founder and main author Zacharias has jo...

Top Digital Products to Sell for Bitcoin — 2021

30 Oct 2021 3 minute read 0 comments primalsound

It really is no doubt that we are living in a digital era. Products and services of various kinds are now available digitally, even currency has now taken a digital form. So, it’s only logical that digital products should allow digital currency as a...

5 Things I Learned About Ethereum From "Inside the Cryptocurrency Revolution"

9 Jul 2021 1 minute read 4 comments diaperfinancingfund

Bitcoin has often been talked about, with many movies and documentaries detailing its formation and increasing prevalence in our daily lives. But what about Ethereum? For those new to crypto, you would be forgiven if you just regard Ethereum as the Q...

The Snowball Effect

7 Sep 2021 3 minute read 4 comments acesontop

September 7, 2021, marks an epic day for the Bitcoin history. It's probably the most relevant event, after the first block mined, since Satoshi has envisioned this marvelous piece of technology. Today El Salvador is making Bitcoin legal tender and th...