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.


The Rise & Fall of CeFi Crypto Companies

19 Jul 2022 3 minute read 4 comments Zacharias

19 July 2022: CeFi cryptocurrency companies refer to any entities offering services to fill the gap between on-chain protocols and off-chain financial institutions. This most commonly comes in the form of a centralized exchange (CEX) like Coinbase, B...

Decentralized In Name Only - Rise of the DINOs

15 Dec 2021 5 minute read 3 comments hifi.bitcoin

Listen to this article as a podcast. “Decentralization” is all the rage these days and will likely go down as the biggest buzzword of the decade, and with good reason: centralized systems have extracted massive amounts of data and value from societi...

The Correlation. Probably The Most Annoying Thing About The Crypto Dump Right Now

22 Jan 2022 1 minute read 3 comments acesontop

I don't know if we really entered a bear market in crypto lately, or not, but we sure have a lot of blood on the streets right now. Some vampire whales are probably feeding on it right now while some individuals are selling, just in case it cras...

The future isn’t looking so bad for Algorithmic stablecoins.

6 Jul 2022 3 minute read 3 comments Dzoelx

Source Commodity-backed stable coin projects are having a good time currently. The big argument used to be how Tether is backed ‘by air’ and should be cracked down. Taking a look at it again, it’s amazing how it managed to retain its dollar peg to da...

Web3 platform Talent Protocol raises $1.75M to empower undervalued talent worldwide

22 Dec 2021 2 minute read 8 comments Publish0x PRs

Web3 platform allows talent to launch a token to accelerate their career, and users to back people they believe in. Talent Protocol raises $1.75M to rethink the way we engage professionally with each other. Lisbon, 21th December 2021 - Talent Pr...

Staking vs Lending Crypto - What's The Difference, and Does It Matter?

5 Feb 2022 1 minute read 2 comments The Part Time Economist

Staking and lending are both ways of earning additional passive cryptocurrency income and many beginners can easily confuse the two. Although staking and lending are similar in that they allow users to earn additional crypto, they differ in several i...

Statera (STA): A different vision with a realistic proposal

12 Apr 2022 2 minute read 9 comments Eddyc

  Greetings friends;   My goal with this article is to show a different view of the Statera project and how it can directly affect people's daily lives. Thus, the world of DeFi is like a chain that connects decentralization with the world of finance...

Why Symbiosis Beats the Competition?

15 Oct 2021 1 minute read 3 comments Symbiosis Finance

Symbiosis disrupts all things crypto by allowing you to Swap any token to any token (bye-bye limited pairs!) Move liquidity across different chains instantly One click (in MetaMask) is all it takes Use one safe platform and remain scam free You ca...

Canada tries to ban Bitcoin because of the Truckers protests: A Bullish case for Bitcoin!

18 Feb 2022 2 minute read 0 comments Ceekz

In my previous article, I wrote about the ongoing protests in Canada against the vaccine mandates imposed by Trudeau's government towards truckers. The situation has been unfolding for months with truckers descending into the center Ottawa, the capi...

Bitcoin Price Falls Back Below $20K As Outlook Looks Brutal.

12 Jul 2022 2 minute read 1 comment ssaurel

The price of Bitcoin has just dropped back below $20K. Slightly of course, as the price is at $19.9K as I write this. Nothing alarming, as Bitcoin continues to move sideways in a range between $19K and $22K. The mild euphoria of last weekend with a l...