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.


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...

The story of Bitcoin a revolutionary digital currency

1 Jun 2019 1 minute read 0 comments salahchiva

This is the story of a revolutionary digital currency: Bitcoin. He does not need a bank, or even to be printed. It can be transferred in a split second all over the world. At a time when global finance seems more volatile than ever, more and more peo...

3rd GAMMA REWARD

1 Jun 2019 1 minute read 1 comment Creary

The 3rd GAMMA reward from the Creativechain Foundation goes to @mrgreen 🎉 This is in recognition of his commitment to the network, originality and quality of his portfolio. @mrgreen renders using tools like Zbrush, Keyshot and Photoshop are awesome a...

2nd GAMMA REWARD

1 Jun 2019 1 minute read 0 comments Creary

The 2nd GAMMA reward from the Creativechain Foundation goes to baibaibai This is in recognition of his commitment to the network, originality and quality of his portfolio. @baibaibai's style is very unique and his projects are full of fantasy and fun...

Currency rose today by 693% Why !!???

1 Jun 2019 1 minute read 2 comments salahchiva

When I am today entering into market stats I Found that there is a currency rose nearly 700% And I wanted to find out why and it's true that this currency deserves all this      mindexcoin wtf !!!!!     When I get into their site The first is a no...

1st GAMMA REWARD

1 Jun 2019 1 minute read 0 comments Creary

The first GAMMA reward from the Creativechain Foundation goes to @vidak 🎉 This is in recognition of his commitment to the network, originality and quality of his portfolio. We love Vidak's style and we are glad that 1000 CGY have been sent to him to...

Space Misfits Rush is Live Collect Now Enjin Backed Items in The Event of The Multiverse Game

1 Jun 2019 1 minute read 0 comments egamersio

Space Misfits Rush is the single-player alpha version of the highly anticipated Multiverse 3D Space MMO game Space Misfits. Over 12,000 Blockchain items that worth $40,000 are available to Grab in the race to claim as many ENJIN backed items as possi...

Crypto Market Ads is a decentralized platform for advertising and marketing

1 Jun 2019 2 minute read 0 comments roland4

Let's talk about the project Well, friends, like in the best tradition, are the best on my blog. Today we have the Crypto Market Ads project as a guest. I'll tell you more about it, but first about the problems that exist in the market. We see the f...

REVIEW OF TAGZ TRADING PLATFORM

1 Jun 2019 2 minute read 1 comment Lekato

INTRODUCTION The best and viable medium of trading digital currency has been provided by the crypto-currency exchange. Considering what has been happening in the global world, people have been recording losses in most of their other investment not un...

REVIEW OF DABANKING GAMING PLATFORM

1 Jun 2019 2 minute read 0 comments Lekato

Blockchain is progressively getting to be known on the web and, here's a speedy intensive lesson in the event that you've quite recently found the term 'blockchains', what they are and how blockchain gaming clubs work. Initially, you have to comprehe...