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.


THETA

2 Jun 2019 1 minute read 0 comments cryptonewz

Theta is an infrastructure for decentralized video streams. Theta has a partnership with Sliver; a platform similar to Twitch which is growing fast. Watching streams on Sliver uses your bandwith and in the process you earn Theta Fuel; token which is...

ARENA MATCH GOLD - The Skill-Based eSports Gaming App

2 Jun 2019 6 minute read 0 comments Brainardpaul

Gaming and blockchain, you heard of it, you seen it and you probably used it, you can’t stop it, as it is the future and the future is now. Gaming and blockchain is a marriage born in heaven - items in games can be tracked using blockchain technolog...

ENJIN games

2 Jun 2019 1 minute read 2 comments cryptonewz

Enjin is getting more and more games every month!  Here is the list of projects atm: War of Crypto 9Lives Arena Age of Rust CryptoFights Cats in Mechs Bitcoin Hodler AlterVerse HEX World Makerverse Dyverse Containment Corps Kriptomat The Six Dragons...

My story with Cryptocurrency and the dark internet

2 Jun 2019 1 minute read 0 comments salahchiva

cryptocurrency and the Dark Internet I remember in 2017 I began to hear that there is an cryptocurrency and only used to buy from the Internet And all the news was saying it A fraudulent coin that belongs to the dark internet They are traded in dange...

GOCHAIN

2 Jun 2019 1 minute read 0 comments cryptonewz

GOchain(GO) is a blockchain protocol which is 100% ETH compatible, while beiing 10x more decentralized and 100x faster. Which means any project working on Ethereum can easily switch to GO.   Gochain focuses on offering services to enterprizes as well...

BINANCE 2019 Most profitable currency

2 Jun 2019 1 minute read 0 comments cryptonewz

Binance is one of the world’s largest cryptocurrency exchanges and its bnative token: BNB went up more then 500% in 2019, which makes it a coin with biggest gains in this year. BNB, in the end, is a discount token for those who access the services of...

ONEEXBIT: ADVANCED ALL-IN-ONE TRADINGPLATFORM

2 Jun 2019 3 minute read 0 comments Lekato

ONEEXBIT is a platform that aims to improve buying and selling by working with most important exchanges and making it feasible for traders to perform the activities effectively. ONEEXBIT is designed to be the ALL-IN-ONE trading platform for all trade...

Working My Way To Level 11 On Uptrennd

2 Jun 2019 1 minute read 1 comment duckmast3r

I haven't posted much about Uptrennd because I haven't been able to be on this platform as much as I used to. Right now it's either my first or second favorite platform. It's between PublishOX and Uptrennd. I have been able to post one post per day a...

Can Smart Contracts and Blockchain tech improve Notary Public ledgers?

2 Jun 2019 5 minute read 9 comments Suspect78

  A few years ago, I was looking for work and willing to do anything. I ended up working in a warehouse – but never stopped searching for other sources of income. Becoming a notary public came across my table, and I thought, “hmm here’s something eas...

4th GAMMA REWARD

1 Jun 2019 1 minute read 0 comments Creary

The 4th GAMMA reward from the Creativechain Foundation goes to @bert 🎉 Bert is a creative designer from Madrid. This is in recognition of his commitment to the network, originality and quality of his portfolio. We are glad to see new posters from Ber...