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.


LigerStar (LSC) × Latoken - Earn Free Token with Latoken.

25 Nov 2020 1 minute read 0 comments FreedomBuilder

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Is crypto airdrops worth it ?

21 Nov 2020 1 minute read 0 comments vijaykumar42

Hi guys, If you are reading this article, you probably have atleast minimum knowledge of cryptocurrencies. But did you know that hunting airdrops can make a little side income in crypto space. If you are interested in knowing more information about c...

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20 Nov 2020 1 minute read 0 comments Benjamin Thomas Capital

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18 Nov 2020 1 minute read 0 comments devilen5

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18 Nov 2020 2 minute read 1 comment Dipendra

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17 Nov 2020 1 minute read 1 comment Stat1c

 To earn some free crypto, for start understanding how the crypto world is working + in the time that you will earn that crypto currencies, there will be lessons that will help you to understand how some of that crypto assets work I will leave down b...

How To Claim Spark (Flare Networks) Token Airdrop for XRP Holders

16 Nov 2020 4 minute read 1 comment nicholaschn

Great news for the XRP Army ! Flare Networks is a smart contract platform that aims to act as a 2 way bridge between the XRP Ledger and Ethereum Virtual Machine. As Ripple's CEO Brad Garlinghouse puts it , From my point of view Flare is combining t...

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14 Nov 2020 1 minute read 0 comments FreedomBuilder

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How earn free crypto using Coinbase

12 Nov 2020 1 minute read 0 comments Benedetto Nicolai

Coinbase, the most popular platform for cryptocurrencies, has a section where you can earn a fair number of cryptocurrencies by simply watching videos and answering questions. What cryptocurrencies can be earned? If you are registered in Coinbase, yo...

Make the rules of faucets with dice game work for you

8 Nov 2020 4 minute read 1 comment Chubbie149

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