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.


Tesla's CEO Elon Musk Sharing His Thoughts About Crypto

24 Jan 2020 1 minute read 0 comments HowToVids

Related to crypto analysts have their own opinions. Every analyst or the business leader has a different opinion it's based on the knowledge and experience. Which they share time to time with others and give their own thoughts. In the same way, Elon...

Bitfinex launches Digital Gold. Finally!

24 Jan 2020 1 minute read 0 comments MadMaxx

I've always wanted to invest in gold. But with my recent obsession with the crypto markets and the fact that I still trade Forex, I believe I'm stretched way too thin to even consider gold right now.(plus I have school) Now, Bitfinex has solved my pr...

Cash Will Be Trash!!! According To The Wall Street Legend!!!

24 Jan 2020 2 minute read 1 comment andreaskanel

Cash will be useless in the next crisis What is the right strategy for investors to adopt, according to Wall Street legend Ray Dalio. The "sure" reaction of central banks and the need for ... something solid.     Our day started off in the best way....

PornHub utilizes crypto to bypass Paypal ban

23 Jan 2020 2 minute read 13 comments Treeπ

Now models on pornographic video site Pornhub can accept the US dollar stablecoin Tether (USDT) as payment. In a recent statement, Pornhub said that adding the cryptocurrency was a direct response to PayPal’s decision to cut off payments to models in...

Review of the FutureBit Apollo Pod Miner

23 Jan 2020 1 minute read 18 comments AverageVancouverite

The FutureBit Apollo Pod Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, Verge, etc.) Hashrate: Up to 135 MH/s Chip: 27 SCRYPT ASIC Chipc Power use: Under 200 Watts (Closer o 150 Watts) Controller: Quad-Core A7 ARM The Review: The...

BULL RALLY OVER!? CHINA DUMPING BTC FOR NEW YEAR? BITCOIN: MOST CRITICAL MOVE OF 2020! XRP ADOPTION!

23 Jan 2020 1 minute read 0 comments CryptoBitcoinChris

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: [email protected] Is...

Top 10 Cryptocurrency Market Capitalizations Through Time

23 Jan 2020 3 minute read 4 comments crypto_moose

Why do some altcoins  have “staying power” while others appear, rise in to the top 10 by market capitalization -  only to slowly fade away. If you look back at the roster of top 10 coins from the previous five years you will see a small list of “forg...

Is Tezos worth the Hype

23 Jan 2020 2 minute read 3 comments SamBTC

You would have read a lot of articles recently praising how great Tezos project is and why you should start baking some Tezo pies right away. If you are wondering when did this Tezos arrive and why you had not heard of it before then don’t worry you...

Blockchain: The End To Corporate Business Models

23 Jan 2020 5 minute read 0 comments TaskMaster

We are seeing a radical shift being presented to us. There is a new business structure emerging that is going to obliterate the present system. This is something that cannot help to occur for a variety of reasons. To start, we must state that blockch...

Blockchain vs Coinbase Which Wallet to Choose?

23 Jan 2020 5 minute read 15 comments Tokenhell.com

Coinbase and Blockchain are serving the crypto community for many years and now considered as the leading crypto exchanges as well the secure wallet platforms. If you are a victim of confusion about selecting one platform from both according to your...