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.


❇️ PI NETWORK STACKIN' UPDATE: MINE CRYPTO FROM YOUR PHONE! 📲

3 Jan 2020 2 minute read 3 comments charlesfuchs

I've joined the Pi Network on March 2019 when they first launched and I never expected the project to grow so fast! 📈 With over 1 Million Downloads already, there is a huge buzz and curiosity surrounding the Pi Network project. 🤑 As of this date, I a...

7 Working Blockchain & Cryptocurrency Products: And How To Use Them

3 Jan 2020 4 minute read 0 comments G4G Crypto Training

What working blockchain or cryptocurrency products are there?  There are many cryptocurrency products and services being developed, but there are only a handful which are currently use-able for the average consumer. ​One of the things I have noticed...

What Is Enjin Coin? Winning The Blockchain Game

3 Jan 2020 6 minute read 18 comments G4G Crypto Training

What is Enjin Coin?... and is it the best blockchain gaming company?  Enjin coin has indeed separated itself as the best of several up and coming blockchain game companies.Blockchain games have become a hot topic in the cryptocurrency and blockchain...

An Introduction To Smoke.io - Part 5: Make Your First Post #SmokeCryptoMinute

3 Jan 2020 1 minute read 5 comments d00k13

  Part 5: Make Your First Post In this video you will see in 3 easy steps how to make your first post on Smoke.io 👍 Don't forget to get out there and engage! The simplest way of gaining a little traction on a platform is by engaging with you...

Will AI Take Power?...Or Is Blockchain Our Secret Weapon

3 Jan 2020 6 minute read 0 comments G4G Crypto Training

If you’re even remotely interested in science fiction then surely you’ve seen at least one movie or read one book about an Artificial Intelligence (AI) growing in knowledge and power until it surpasses humankind and enslaves us to its own will.Possib...

BITCOIN CASH MAKES HUGE GAIN WITH 13.10% TODAY. ARE YOU BULLISH ?

3 Jan 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

Hello dear CRYPTO ENTHUSIASTS, and investors, Here in this article, I would like to show you how HUGE is the actual pump on BITCOIN CASH. I think BITCOIN CASH is going to be one of the biggest suprise of the NEXT BULL RUN There is a tremendous potent...

11 years of Bitcoin's Genesis Block - A look back in time

3 Jan 2020 3 minute read 4 comments paragism

Today is 3rd January. It is the 11th anniversary of Bitcoin Genesis Block. Satoshi Nakamoto published the paper titled Bitcoin: A Peer-to-Peer Electronic Cash System in a cryptography mailing list in 2008 and created the Genesis Block on 3rd January,...

Dominant Theories As Bitcoin Halving 2020 Approaches

3 Jan 2020 7 minute read 37 comments MinerUpdate

This Miner Insights piece was originally published in crypto mining publication MinerUpdate. Subscribe here for the latest updates. The 2020 Bitcoin halving was one of the most discussed topics over the past year. MinerUpdate reviews the dominant the...

Cryptos Losers Vs Gainers Today 3/1/2020

3 Jan 2020 1 minute read 0 comments Daniella Blog

  Hello!How are you doing today?It's another day on cryptos market and this day, the market is up with about +2.15%, causing greater changes in the market.With this, the hope of better days that once came to pass in 2019 is about to happen.Below are...

Bitcoin had a stellar 2019 as it got crowned the best investment of the decade. 

3 Jan 2020 4 minute read 2 comments fklivestolearn

It has been quite a journey for the premier digital currency of the World. Although the idea was conceived with Satoshi Nakamoto publishing the white paper (Bitcoin: A Peer-to-Peer Electronic Cash System) in November 2008, the practical implementatio...