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.


Crisis what Crisis? US Primaries experience Vote Count delays. Blockchain to the Rescue?

8 Aug 2022 2 minute read 0 comments Thunderboltkid

It's not too late to rescue the  US 2022 Mid Terms? Really? Not.  Maybe 2024. Rescued with Blockchain and distributed Public Ledgers? Let's face it many primary vote returns are already compromised, witness the recount situation in Washington State 2...

When Crypto gets into politics

24 Jul 2022 9 minute read 0 comments xuanling11

If you enjoy reading my articles, buy me a coffee here. The digital world has become a vibrant scientific presence. Adopting new digital tools and platforms has accelerated the pace of innovation. But even with these positive developments, the gove...

Why there is not crypto banking exist

7 Aug 2022 7 minute read 3 comments xuanling11

We have always heard about cryptocurrencies, crypto exchange, banking, and trading platforms, but we do not really grasp the idea of crypto banking. Crypto banking is a contradicted idea. If crypto is to replace banks and give users full control of d...

Ethereum Confirmed Official Launch

31 Jul 2022 2 minute read 3 comments bitcoinflood

With the markets in a full rally today even after the fed increase rate change many speculate it's a bull trap. The other side of it however shows that people really don't care about the fed rate hike and that in general loans etc really are not chan...

Still The Top CEX - A Dive Into The World Of Binance

19 hours ago 4 minute read 0 comments Sapphire

The Leader Since 2017 Binance launched in the heart of the bull run of 2017. The exchange experienced almost instantaneous success, as users of other popular exchanges began to migrate over to Binance. The exchange managed to establish itself as a le...

100$ Split Into Top 10 Cryptocurrencies Every Week. Week #31 Getting Better

1 Aug 2022 1 minute read 2 comments MoneyCanWorkForYou

Intro Seven months and 30 weeks behind us. 3000$ invested and we are more than 30% down currently. But I've seen worse and during this time my skin has grown thick to the volatility of crypto markets. And if there's a larger bull run, which I am not...

Crypto hacking is inevitable

3 Aug 2022 7 minute read 0 comments xuanling11

Cryptocurrency is a decentralized digital currency that can be used almost anywhere. But now, more than ever before, researchers are uncovering new threats to cryptocurrency and its users. In an age of digital disruption, governments are beefing up s...

Hacks & Exploits - Why Are You Surprised?

8 Aug 2022 2 minute read 0 comments Sapphire

Nothing New Crypto hacks and DeFi exploits are constantly making news headlines and even though it’s not good news, it’s definitely understandable. This is still very much a “new technology” and there is still a lot that needs to be improved upon, an...

Chiliz Making Huge Moves in America and Europe

10 Aug 2022 4 minute read 0 comments Cje95

This year Chiliz and Socios.com have been busy. While both commonly run together they are essentially two different entities with Chiliz being a blockchain and base layer company with Socios.com built upon it. Since both overlap though they are often...

How high leverage crypto lending market collapses

31 Jul 2022 8 minute read 0 comments xuanling11

As the number of crypto lending projects increases, the demand for high-quality banks in this space has also increased. However, the current market is in a tailspin and not much can be done about it. Like other asset markets, such as stock and bond t...