Blockchain

39,973 Articles 301 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.


The Most Powerful Monero Mining Pool Closes – A Chance To Strengthen the Decentralization of the Network.

31 Jul 2022 2 minute read 7 comments ssaurel

If Bitcoin is the king of digital currencies, Monero can be considered the king of high privacy digital currencies. Also based on the Proof-of-Work (PoW), the Monero system had a problem with the increasing centralization of its network in recent mon...

Cryptocurrencies are ‘Overvalued’.

13 Dec 2021 3 minute read 20 comments Dzoelx

What’s the wildest crypto price speculation you’ve come across? Safemoon to $1, Shib to $0.1; bitcoin to $1 million. Actually, the latter is realistic in long term, ‘long term’ here is actually complicated, but don’t worry…your favourite twitter inf...

Periodic Table of Monthly Crypto Returns

20 Sep 2021 2 minute read 6 comments NZFX

Hi friends- I'm sure most of you have seen periodic table like representations of asset class returns.   I'm sure one exists for crypto returns but I couldn't find it so I built one for a dozen of the largest coins (excluding stable coins and BNB) th...

The Saga: Solana is building a blockchain-based smartphone.

4 Jul 2022 3 minute read 5 comments Dzoelx

A blockchain-powered smartphone is a popular topic, despite not being in relevant existence. A topic of widespread discussions and rumors over the years. Building the core functionalities of a smart device on the blockchain is expected to add a laye...

Metaverse Birthday - The 2nd Edition

4 Jun 2022 5 minute read 67 comments PVMihalache

June 2021 was still anti-social, with Covid-19 restrictions still blocking any type of fun. I had to celebrate my birthday in the Metaverse, shared few hundreds of NFTs and receiving dozens from my favorite artists. The fun was at higher standards an...

What Most Crypto Projects Don’t Want You To Know

30 Apr 2022 3 minute read 5 comments Scott Cunningham

I’ve noticed a lot of misleading use of blockchain terms like Web3, blockchain, decentralized, metaverse, etc. The semantics of all of this needs to be discussed because I can only expect it will lead to a lot of people losing money. https://odysee....

Ampleforth: Is it Time for Algorithmic Stablecoins to Make or Break it?!

8 Oct 2021 2 minute read 9 comments Cje95

I will be the first to admit I have a love-hate relationship with Ampleforth. I love the idea behind it I believe it could work and work well however I currently feel like this coin is stuck in a rut right now and I am not sure exactly how or what is...

How to Use Etherscan

2 Sep 2021 4 minute read 7 comments Mark Anstead

Etherscan is a very useful tool that anyone using the Ethereum network should know how to use, but many don’t and that puts them at a disadvantage. This post shows you the basics of using Etherscan — from exploring your Ethereum wallet to reading tok...

Huobi Invested Social Media TORUM Makes Uniswap Debut

15 Sep 2021 2 minute read 7 comments paragism

I was a private beta tester of TORUM, a new social media platform when it was launched some years back. It was really amazing to see the growth of the platform in recent times. TORUM has a user-friendly interface and it resembles Facebook but it look...

Not Your Keys, Not Your Coins - Don’t DeFi Where There Isn’t Decentralization

25 Jun 2022 3 minute read 8 comments hifi.bitcoin

Read now to learn how even popular "DeFi" protocols aren't immune from the urge to confiscate your funds. If there’s one thing I’ve learned over the past few weeks, it’s that bear markets provide ample opportunities for Bitcoin users to learn the im...