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.


Binance to sell limited edition Bitcoin at 50% discount

31 Dec 2019 1 minute read 0 comments Slowmen

  Binance to sell limited edition Bitcoin at 50% discount Cryptocurrency exchange Binance is Bitcoin's 11th. he will celebrate the year by offering a limited number of Bitcoin at a 50% discount. Cryptocurrency exchange Binance is Bitcoin's 11th. he...

This is why I'm infinitely Bullish about Steem

31 Dec 2019 2 minute read 30 comments belemo

Steem network is whatever you want it to be, it all depends on the lens you look at it through. I joined the platform around this time in 2017 and in the two years of blogging and shitposting, I’ve encountered a lot of things that give me confidence...

Building up a small WAX Stake

31 Dec 2019 1 minute read 0 comments cryptomaniacsgr

Good evening people! I have some days now considering what to do with some PGL that i'm holding, today i was again between WAX and LEO, two assets with about the same price and to projects that strongly believe. I said again because i was in that di...

A blockchain ETF presented in China on December 24th, but not all that glitters is gold

31 Dec 2019 1 minute read 0 comments Roberto D.

The news is official, confirmed by the China Securities Regulatory Commission, on December 24 last Shenzhen Penghua Fund (an asset manager) presented to the Chinese authorities a proposal for the launch of an ETF linked to a basket of publicly traded...

Security Warning: ETH browser wallet is injecting malicious JS to steal secrets

31 Dec 2019 1 minute read 0 comments Tokenhell.com

An Ethereum Browser wallet has tried to inject into the malicious Javascript code in order to steal secrets. Shitcoin wallet that is working as a Chrome browser extension and a Desktop app for windows, has made an attempt to steal and scrape the data...

MCP3D 2020 Development Roadmap

31 Dec 2019 4 minute read 2 comments CEDCryptoCoin

  Features to be presented in the MegaCryptoPolis 3D in the upcoming year.         Now that the Microeconomy has finally launched the MCP3D development has just been started — here is the list of improvements to expect in the decentralized city by 20...

See you.. in the Future, Space Rockers!

31 Dec 2019 1 minute read 2 comments Solar Phasing

  Hello Space Rockers, :0) Last hours.. before the end of this world!See you in the future!Much #LoVe Enjoy these last 2019 hours.. "Tempus Fugit". Weirdoz (HeadPhones) Music. Interference (New Track) Experimental Noisy. .......   Tempus Fugi...

I HOPE THE TURKISH PARLIAMENT HAS GIVEN A MOTION TO INVESTIGATE BLOKCHAIN THOROUGHLY!!

31 Dec 2019 1 minute read 0 comments Slowmen

  I HOPE THE TURKISH PARLIAMENT HAS GIVEN A MOTION TO INVESTIGATE BLOKCHAIN THOROUGHLY!! Turkey's interest in cryptocurrencies and blockchain technology continues to grow slowly. A blockchain research proposal has now been moved to parliament after...

31/12/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, DAI, XRP, EOS, Binance coin, Huobi token, Maker

31 Dec 2019 1 minute read 0 comments Daniella Blog

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 31/12/2019The market is getting bad little by little with nothing to wage the wave of bearishness.The market is down by -0.98% in the past 24 hours.Is there any ho...

The ripple cryptocurrency community uses XRP to finance itself, but the company rejects the accusations from the sender

31 Dec 2019 2 minute read 1 comment Roberto D.

The lawsuit is old enough to have frankly even a little stewed, however the controversies around this theme have never stopped; according to a large part of the community of cryptocurrency enthusiasts, in fact, the only sense of XRP as a currency wou...