Blockchain News, Opinions and Analyses created by users.

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.


So we are the users of cryptocurrencies

10 Aug 2019 1 minute read 0 comments derwin25

  Most cryptocurrency owners are proactive about money investment, express a lot of optimism about their finances, and above all have a broad sense of economic empowerment. When it comes to making decisions about their investments, mostly, cryptocurr...

Mining - Is It Still Worth It? What is the solution?

10 Aug 2019 1 minute read 0 comments Medal182

12Ships has been bringing a perfect futuristic proposal to help combat the high energy expenditure on mining.     Nowadays, what constitutes a problem for mining is precisely the high energy consumption used in this process. 12Ships in turn has been...

Why would we create our own cryptocurrency?

10 Aug 2019 2 minute read 0 comments derwin25

  The cryptocurrency revolution is here to stay. Increasingly, cryptocurrencies such as Bitcoin and Ethereum occupy an important place in the economic life of our countries, serving us for the purchase of goods and services, means of saving, and even...

How to Support Spanish Tennis Player David Vega on Crypto.

9 Aug 2019 1 minute read 0 comments Globatalent

David Vega Hernandez   David Vega Hernandez (Spanish tennis player) is Right-Handed player and currently ranked on no. 116 (29 October 2018), He reach the Highest rank of no. 111 (15 October 2018) and a grand slam doubles results french Open 1R (201...

Crowdholding Update for June and July

9 Aug 2019 3 minute read 0 comments pheonixdown-dee

  Greetings Crowdholders,    Sorry for the late release! It's been two months since our last update, so we will be combining June and July in this update. So without further ado, lets get started.    What you will find in this update is:    Crowdhol...

How to Monetise Mobile App with Crypto Games

9 Aug 2019 2 minute read 0 comments egamersio

When app developers come up with a bright new idea, one of the first challenges is to get funding to develop and release the app on the market. This need directs app makers to head to the usual funding avenues. However, most of these opportunities co...

China's Blockchain Far Vision

9 Aug 2019 1 minute read 0 comments razeiv

The Party Secretary of People's Daily, the biggest newspaper group in China, the state-owned newspaper now establishes the institute of blockchain study and one step ahead in blockchain world. Probably the party secretary, chairman and president of t...

Win 100 aXpr (~$0.8) in Today's Axpire Trivia

9 Aug 2019 1 minute read 0 comments anosike

Another Episode of aXpire's Weekly Telegram Trivia😁...holds today, Friday, at 17:00 UTC - 10 Questions- 100 Axpr for every correct answer It's going to be fun! ************ aXpire leverages blockchain technology to provide awesome products and servic...

Cryptocurrency securities classification and why decentralization on all levels is key

9 Aug 2019 3 minute read 0 comments Allen Walters

Avoiding a SEC Security classification is important as US regulations cause exchanges to exclude possible securities cryptocurrencies from the US market. Bittrex geo-fensed about 80 coins. These are not tradeable in the US since a few weeks. Binance...

AUTHPAPER – THE DECENTRALIZED DATA DELIVERY PLATFORM

9 Aug 2019 2 minute read 0 comments Lanfy

The world we are living in today is highly interconnected in such a way that it becomes more harder for trust and reality to be delivered effectively. Documents can easily be adulterated with the advancement in technology. With the current technology...