Blockchain News, Opinions and Analyses created by users.

Blockchain

33,919 Articles 262 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 Future of Crypto

8 Oct 2021 5 minute read 14 comments johnwege

What an exciting time to be involved in cryptocurrency.  We are in the midst of a bull run that will change peoples lives forever.  Not only that, but finally, we are at a stage in the crypto life cycle where projects actually have built up and begun...

Ethereum is the Ethereum killer.

11 Oct 2021 3 minute read 12 comments Dzoelx

Solana has steered its way to the very elite ranks, a feat once pulled by Chainlink and Binance’s platform and cross chain token – BNB. Oh wait, Fantom and Polygon are also moving towards the same direction. Two things are common with four of these...

Corrupted - Pandora and the Legacy Banking System

13 Oct 2021 5 minute read 4 comments hifi.crypto

💰Do you want a chance to win $25 in Bitcoin, paid straight into your wallet? Entry is easy so don’t miss your chance to win! Full rules here💰 Listen to this article in podcast format. Our world is currently experiencing an interesting dichotomy whe...

ICON Crypto Coin ICX & StealthEX AMA Recap – All You Need To Know

8 Oct 2021 7 minute read 11 comments StealthEX

On October 7, 2021 we had StealthEX & ICON crypto AMA Session in our Telegram Community Chat, and here is a recap. Just take a little time to read through and learn everything you need about the ICON ICX coin. Let’s start! Today, we are going to have...

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...

China; yet again?

27 Sep 2021 2 minute read 10 comments Dzoelx

Source The market went awry again, just a few green candles to full recovery from the previous crash, we got hit with yet another FUD; this time around, a very common one. $100 billion wiped in a few minutes; the Chinese dynasty has once again banned...

CPUs, GPUs, and ASICs: The Evolution of Bitcoin Mining

6 Oct 2021 6 minute read 2 comments hifi.crypto

💰Do you want a chance to win $25 in Bitcoin, paid straight into your wallet? Entry is easy so don’t miss your chance to win! Full rules here💰 Listen to this article in podcast format. Bitcoin seems to be practically everywhere these days. Participa...

Protect Your Crypto Portfolio When it’s in the Red With These Tips

30 Sep 2021 5 minute read 3 comments Hodlnaut

Reposted from our blog here.  It is no secret that the cryptocurrency market is volatile. This is evident by the extreme price swings of two of the biggest cryptocurrencies, Bitcoin and Ethereum. The former managed to climb to its all-time high of $6...

"The Right Eyes" are on El Salvador

9 Oct 2021 2 minute read 10 comments acesontop

"My prediction is that by the end of next year, we'll have at least five countries that accept Bitcoin as legal tender. All of them will be developing countries." That comes from Alex Hoptner, CEO of BitMex. We already have a developing country, El S...