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.


Polygon: A Deep Dive

21 Jul 2022 14 minute read 9 comments JaseDMF

Dear reader, Isn’t this crypto space chaotically complex and confoundingly confusing? It’s one thing to try and wrap your head around a virtual money called Bitcoin, but push a little further and you’ll enter the world of sidechains, layer 2s, zero k...

ANOMUS Private Round Closes With Uber-Subscribed Sales

22 Nov 2021 1 minute read 0 comments Publish0x PRs

IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last few months. Today Anomus is announcing the closure of its private sale round with a very successful and promising oversubscriptio...

"The Right Eyes" are on El Salvador

9 Oct 2021 2 minute read 10 comments acesontop

"My prediction is that by the end of next year, we'll have at least five countries that accept Bitcoin as legal tender. All of them will be developing countries." That comes from Alex Hoptner, CEO of BitMex. We already have a developing country, El S...

Holding 150,000 BTC, the Winklevoss Twins Are on Their Way to Getting Revenge on Mark Zuckerberg.

22 Apr 2022 7 minute read 8 comments ssaurel

In the Bitcoin world, the Winklevoss twins are among the voices that count more than the others. Tyler and Cameron Winklevoss made the Bitcoin bet before anyone else. Today, as Bitcoin is around $40K, they are greatly rewarded for believing in Bitcoi...

What you need to know about "impermanent loss"

19 Oct 2021 4 minute read 11 comments qsyal

Introduction: If you have done anything in Defi, then you certainly have heard of the latest and greatest versions of decentralized exchanges protocols or what are called DEXs. Yes, it would not be exaggerating to say that the likes of Uniswap, Panca...

HODLing ALGO

13 Sep 2021 4 minute read 8 comments I-HODL

I'll tell you how I came across Algorand as an uninitiated crypto-investor, what Algorand or ALGO is, and why I love it so much, but before I do that, let me issue a disclaimer. DISCLAIMER: This is not investment advice. I will urge that any crypto...

Cryptocurrency Regulation: Is Regulation Good for Crypto?

8 Apr 2022 5 minute read 13 comments StealthEX

Cryptocurrencies aren’t limited to the usual country borders, as they’re available to everyone, and that’s their undoubted advantage. At the same time, cryptocurrencies encroach on the direct function of banks, which is why many financial institution...

Conspirator at Large - Debunking the Bank of Russia

25 Jan 2022 4 minute read 8 comments hifi.bitcoin

💰Do you want a chance to win $25 in Bitcoin, paid straight into your wallet? Entry is easy so don’t miss your chance to win!💰 Full Rules Here Governments are at it again, with Russia becoming the latest country to scare markets with talk of total ba...

Inflation and a Tale of Cantillionaires

8 Jan 2022 6 minute read 7 comments hifi.bitcoin

💰Do you want a chance to win $25 in Bitcoin, paid straight into your wallet? Entry is easy so don’t miss your chance to win! Full rules here💰 Listen to this article as a podcast here. People want to build life-changing wealth. But the definition of...

Yes, Bitcoin Can Go to $0, and That’s Why Bitcoin Will Never Go to $0.

2 Apr 2022 4 minute read 7 comments ssaurel

NB: I wrote this article in early March 2022 when the price of Bitcoin was still below $40K. I didn't publish it right away, and then I hesitated to publish it because it might seem outdated now that the price of Bitcoin has risen above its resistanc...