Blockchain

38,389 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.


The Slow Rise of Polkadot: How the Project Achieved its Greatest Milestone in 2021

9 Jan 2022 6 minute read 14 comments 416Bitcoin

  Thanks to its unique design and prominent team, the interoperability- and Web3-focused blockchain project Polkadot has gathered quite some followers and supporters within the cryptocurrency community since its launch. Just like it was the case wit...

60 Days on Alien Worlds - Earnings, Selling my NFTs and More

17 Jun 2021 4 minute read 19 comments Invest0x

It's been 60 days since landing on the Alien Worlds planets. I was quite a big fan of this blockchain game. After all, it was a project that really piqued my interest and opened my eyes to what blockchain can offer. For all intents and purposes,...

Owned by the Top 0.1%: Why Bitcoin Deserves More Criticism

10 Jan 2022 4 minute read 22 comments Zacharias

  10 January 2022: Bitcoin is generally perceived as the golden boy of crypto - the biggest, most well-known coin that is seen as the industry leader of innovation, decentralization, and disruption. Bitcoin has some big time influencers pitching it,...

8 Reasons Why We HODL Bitcoin No Matter What

5 Feb 2022 5 minute read 4 comments ssaurel

In the Bitcoin world, you're going to have to learn to distinguish between two things: the price of Bitcoin and the Bitcoin revolution. Far too many people focus solely on the price of Bitcoin, which distracts them from the real signal, which is the...

Liquidity pools: What are they?

14 Oct 2021 2 minute read 3 comments Dzoelx

So, you just used a Dex for the first time…well probably not your first time but you just began to wonder how exactly this works. Unlike the rampant centralized exchanges, DeFi exchange platforms do not have buy walls and sell walls, yet exchange of...

Here Is The Main Reason Why You Must Run a Bitcoin Full Node

3 Oct 2021 3 minute read 9 comments ssaurel

Whatever your opinion of Bitcoin, I'm sure you've heard at least once of its most popular slogan: "Don't trust, verify". This slogan has always stuck with Bitcoin, and it is justified. Bitcoin is indeed an open and transparent system that allows all...

How To Buy Ethereum With Credit Card? Ethereum Price Prediction End Of 2021. Is Ethereum A Good Investment 2021? Where To Buy ETH Coin?

11 Jun 2021 4 minute read 9 comments StealthEX

If you search for information on how to buy Ethereum with credit card, then you have come to the right place. This article will also tell you what Ethereum is? Ethereum price prediction end of 2021. Is Ethereum a good investment 2021? And where to bu...

Dejà Who? China and the Year of the Bitcoin Bear

23 Jun 2021 5 minute read 6 comments hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts and my cryptocurrency blog to learn more about this fascinating new technology! Bitcoin is a force to be rec...

Cryptocurrency and other accepted illusions

24 May 2021 2 minute read 12 comments Smoljanović

Our senses are complex tools that make illusions possible.  Cryptocurrency and colors are imaginary, but both can appear to be quite real.  Cryptocurrency has monetary value as long as we arbitrarily decide it does.  I bought a physical object with...

Bitcoin crash: Is it bears already?

7 Jan 2022 2 minute read 10 comments Dzoelx

24hrs BTC chart. Source:Coinmarketcap If you’re big on altcoins, then your portfolio probably saw a double digit drop in the last 24hrs. Bitcoin dropped below $43,000 in a rather unexplained move. If Kazakhstan’s internet issue is to be held accounta...