Blockchain

38,436 Articles 297 Followers

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.


Tragedy of the third coin: How far is the top?

19 Jan 2022 3 minute read 5 comments Dzoelx

A ‘new bitcoin’, ‘the ethereum killer’…wonder how many times these two phrases have been used in the crypto space? Countless. Bitcoin’s introduction changed the narratives for cryptography and created relevance for blockchain technology. Its primary...

CRO Maximalist - 10 months of cashback on Crypto.Com

21 Mar 2022 1 minute read 14 comments PVMihalache

I joined Crypto.com at the end of May, making it 10 months of cashback and crypto earnings. I joined 10 million users already using the service and earned a fair amount of $CRO since then. The app told me I am a true CRO Maximalist!  I was happy aft...

ALTER presents its governance token — $ALTER

30 Dec 2021 4 minute read 16 comments ALTERdapp

Main Takeaways $ALTER is ALTER’s native utility and governance token The token provides the decision making power in ALTER product development, subscription earned revenue, liquidity mining via various pairings, participation at ALTER EGO referral p...

Are you one of Shiba Inu’s one million holders?

10 Dec 2021 2 minute read 23 comments Dzoelx

Source There are probably more Shiba Inu token holders than Shiba Inu dog owners. Nope, that’s obviously wrong. Shiba Inu is actually one of the most popular dog breeds, especially in Japan. Shiba inu token’s growth have also sparked an increase in...

Fold's Massive Referral Update is Now Live and Huge Giveaway!

6 Mar 2022 2 minute read 8 comments Cje95

Fold’s Update After telling us the last week or so to keep on trying to add new referrals, and after I was given a sneak peak at what the referral update was I am happy to see it now live! This new system benefits all referrals meaning you benefit fr...

Want To Earn Bitcoin but Have No Initial Investment? Here Is the Solution.

24 Mar 2022 3 minute read 7 comments ssaurel

You understood that Bitcoin was a once-in-a-lifetime opportunity. A game-changer that will have incredible importance in the world of the future. After realizing this, you want to buy Bitcoin to protect the fruits of your labor in the world's most se...

Another Look at FTM

26 Mar 2022 5 minute read 7 comments I-HODL

So guys, at the time of this article, Fantom (FTM) is trading at $1.38, after plummeting from a height of $3.28 in January to lows of $1.04 just about ten days ago, due  in part to an overall slump in crypto prices coupled with the FUD that followed...

United States Politicians Take Negative Position Against Bitcoin

10 Jun 2021 3 minute read 15 comments Zacharias

In recent statements made by United States-based politicians, it is apparent that the country is leaning towards a negative view of Bitcoin and cryptocurrencies - but this move is not in the least surprising.  Both former President and Republican Don...

Ethereum (ETH): What to Know About "The Merge"

7 Apr 2022 3 minute read 8 comments Zacharias

6 April 2022: Put simply, “The Merge” is Ethereum’s switch from its native Proof-of-Work (PoW) to Proof-of-Stake (PoS). The change is expected to come with some major changes to how Ethereum functions, how the economics will operate, and what impact...

HODL To Earn – Crypto Social Earnings Report #20

27 Aug 2021 3 minute read 16 comments Scott Cunningham

You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization, so here are the 14 platforms I used to earn $653.04 CAD worth of fiat & crypto in July and some insights on them. https://...