Blockchain News, Opinions and Analyses created by users.

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.


TOP Things You Should Know About Loopring and LRC

3 Mar 2020 11 minute read 148 comments MuyAsk

Hey guys! Back with another in-depth list of answers for the most asked questions, this time it is for the magical decentralized exchange protocol - Loopring (LCR).   If you haven't seen my latest FAQ articles, feel free to take a look at Lisk (LSK),...

Tired of Bitcoin and Ethereum High Fees? Watch This.

6 Jan 2021 1 minute read 88 comments Tao of Satoshi

On days where there is lots of trading due to market runs in Bitcoin and Ethereum, the fees can become astronomical. But these days only exacerbate the problem. High fees from these blockchains are prohibiting use from people who don't want to pay mo...

It's Time to Level-Up! DeversiFi NFT Competition & Giveaway -- Layer-2 Pepe

22 Mar 2021 1 minute read 20 comments Ben

Unless you've been living under a rock for the past few months, you'll have noticed that "Layer-2" is an ever increasing and crucial part of the Ethereum roadmap than before. Vitalik Buterin himself wrote a great deal about it in his blog post, highl...

The Time Has Never Been More Right

29 Jan 2021 1 minute read 33 comments Ben

We are living through incredible times. #Bitcoin #WallStreet #NotSoRobinHood And the need for self-custody has NEVER been more apparent with certain traditional exchanges showing their true colours when their chips are down. The time has never been m...

Introducing the Aragon Network DAO: Phoenix to Firebird

27 Aug 2020 3 minute read 51 comments Aragon-Official

For years, the main focus of the Aragon ecosystem has been building tools for DAOs to thrive. As of today, Aragon DAOs have more than $350M in assets under management and help govern an economy worth billions of dollars. Aragon is the leading DAO pla...

Statera Project AMA: $200 in DAI Prize Pool for Participants! #StateraAMAPublish0x

13 Jul 2020 4 minute read 605 comments STATERA PROJECT

Update: Thank you everyone for your incredible questions! There were a lot of really great ones. We are calling it quits for now (we don't know how many we answered but if feels like hundreds...), we may come back through and try to answer a few more...

Everything You Need to Know About Dogecoin (DOGE)

12 May 2021 3 minute read 22 comments Dogecoin Fans

Dogecoin has caught the attention of many investors, both from within and without the crypto sector. This meme-based cryptocurrency has become one of the best-performing assets of 2021, and even managed to reach the 4th spot on the crypto market cap...

My 60 Years Old Father Got His First Crypto Today 😁

17 Feb 2021 3 minute read 54 comments acesontop

Today BTC marked a new ATH of $51,615, and on this day my father, who is 60, got into crypto. He asked me to buy some cryptos for him and I have executed the orders asap. No, he hasn't bought a whole BTC or more, a matter of fact I just bought him 2...

$230 in DAI Writing Contest + Twitter Giveaway : #AtomicWalletTutorial

2 Jun 2020 4 minute read 51 comments Igor Tomić

The next writing contest on Publish0x is here! And it's about your favorite wallet, and one that we recommend you use: Atomic Wallet. Writing Contest Name and Theme: #AtomicWalletTutorial Prize Pool: $230 in DAI Deadline: Monday, 15th of June The p...

The Fall of the Ethereum Killers

10 May 2021 2 minute read 41 comments Absolute Unit

Qtum, Tron, EOS and Komodo - once dubbed the "Ethereum Killer" blockchain protocols due to their high transaction throughput and low gas fees may not be the killers they were originally thought to be. According to a recent report by the crypto ventur...