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.


This 2019 year was a very creative one!

24 Dec 2019 1 minute read 0 comments Solar Phasing

A warm hello for Solar Phasing,Your are supporting my music. And for that, you are valuable to my eyes, and my heart.     ----------------------------------------------------This 2019 year was a very creative one.-----------------------------------...

GETTING lots of XLM for FREE while Learning about XLM : Earn XLM for Learning XLM - Coinbase Earn - HONESTY GUARANTEED

24 Dec 2019 1 minute read 1 comment Digital Asset Culture - YouTube Channel - France

Hello Crypto Enthusiasts, there is a VERY GOOD OPPORTUNITY :   If you did not yet subscribe on Coinbase, maybe you should know that you can earn CryptoCurrency for FREE when you LEARN about them. You probably noticed that XLM is a CryptoCurrency comp...

THE CHINESE GOVERNMENT CONFISCATED THE BITCOIN MINING EQUIPMENT AND IT'S A MESS.

24 Dec 2019 1 minute read 2 comments Slowmen

  THE CHINESE GOVERNMENT CONFISCATED THE BITCOIN MINING EQUIPMENT AND IT'S A MESS. China has turned its eye on domestic Bitcoin (BTC) miners this time around after bans it imposed on domestic cryptocurrency exchanges in recent months and decisions b...

Blockchain, sport and participation.

24 Dec 2019 2 minute read 0 comments fucho80

  Blockchain technology is rapidly reaching unimaginable levels, we can say that it is present in almost all areas of entrepreneurship at this time, companies that were not in blockchain are migrating to this technology, the economy is changing. Lar...

The Crucial Interface Between Privacy and Blockchain is Worth Fighting For

24 Dec 2019 3 minute read 0 comments Andrey Sergeenkov

Nowadays, your home Internet network connects more networks and devices than Arpanet in the early 1970s. Left are the days when the Internet connections that made up the WWW (World Wide Web) might be outlined on a piece of paper. With the spread of t...

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24 Dec 2019 1 minute read 1 comment Digital Asset Culture - YouTube Channel - France

Hello Crypto Enthusiasts, there is a VERY GOOD OPPORTUNITY : If you did not yet subscribe on Coinbase, maybe you should know that you can earn CryptoCurrency for FREE when you LEARN about them. In particular, in this post, I announce that you will ge...

Ripple analysis on the evolution of the cryptocurrency market for 2020

24 Dec 2019 2 minute read 1 comment Roberto D.

2019 is coming to an end, it has been a positive year for cryptocurrencies, in particular for bitcoin which closes this year with a performance that is in any case higher than 100%, a little less positive year for the altcoins that have instead suffe...

Race for the money of the future. Breaking the monopoly of countries to issue currencies is only a matter of time

24 Dec 2019 1 minute read 0 comments dyhudyh

When Facebook announced plans to create a libra, a new virtual currency that could be used by portal users, the largest central banks responded with interest. But soon this interest turned into anxiety to end with criticism and attempts to block the...

What is Nuls? How Does It Work?

24 Dec 2019 3 minute read 0 comments Slowmen

  What is Nuls? How Does It Work Definition and field of activity: Nuls, a global open source blockchain project, is a customizable modular blockchain infrastructure platform. Nuls aims to eliminate technical barriers to blockchain by providing inte...

ANOTHER PROJECT HAS BEEN ATTACKED BY HACKERS!!!!

24 Dec 2019 1 minute read 0 comments Slowmen

  ANOTHER PROJECT HAS BEEN ATTACKED BY HACKERS!!!! The developer account of the NULS cryptocurrency was hacked, with $ 480,000 of tokens stolen. As the cryptocurrency market moves towards the end of 2019, more has been raised by news of a new hack....