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.


How to Live on Crypto: Pay Bills

28 May 2021 1 minute read 40 comments TheDesertLynx

Hi, and welcome back for the final installment of this first run of how to live on crypto. Today I’m going to try to show you how to pay your bills using cryptocurrency. This is the most difficult part of living on crypto. If you can’t do it where y...

Why You Won’t Catch A 100x Crypto

3 Jan 2022 2 minute read 10 comments Scott Cunningham

It’s highly unlikely that with a coin that you don’t have conviction in that you will ride out the 100x let alone even a 10x. If you only put in $100, you’re not going to make anything. https://youtu.be/6dIwpjBECdg  In 2019, 1% of the adult populati...

A Year of DeFi Review

26 Dec 2021 2 minute read 9 comments Cje95

Now that the end of the year is approaching I figured it was a great time to really look over how my first full year in DeFi had gone. There were plenty of lessons learned along the way and I did waste more ETH on gas than I care to look at but some...

What Is Cryptocurrency For Dummies: How To Make Money With Crypto?

15 Jan 2022 4 minute read 14 comments StealthEX

Many investors have heard about cryptocurrencies, the ups and downs of Bitcoin prices, success stories when a few thousand dollars made people millionaires. However, the reality is more complicated than that. Before investing in cryptocurrencies, it’...

BetaMars Has Released 250 Co-brand Ticket NFTs.

29 Dec 2021 1 minute read 8 comments Publish0x PRs

Bonus At The Bottom. According to official news, BetaMars project has raised $2.5 millions seed investment from Youbi Capital. Both sides have reached a cooperation on the further building of BetaMars.  The director of Youbi Capital said, "Metaverse...

Inflation and a Tale of Cantillionaires

8 Jan 2022 6 minute read 7 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 as a podcast here. People want to build life-changing wealth. But the definition of...

Crypto.Com (CRO) Price Prediction 2022

7 Jan 2022 5 minute read 10 comments FX Empire

Crypto.com coin has not been very active during 2021 with the exception of the end of the year. This should considerably change in 2022 as the coin is expected to hit a new ATH of nearly $1. Crypto.com (CRO) is a Singapore-based cryptocurrency excha...

Web3 platform Talent Protocol raises $1.75M to empower undervalued talent worldwide

22 Dec 2021 2 minute read 8 comments Publish0x PRs

Web3 platform allows talent to launch a token to accelerate their career, and users to back people they believe in. Talent Protocol raises $1.75M to rethink the way we engage professionally with each other. Lisbon, 21th December 2021 - Talent Pr...

2021’s biggest trends in your own language [Part II].

31 Dec 2021 3 minute read 0 comments Dzoelx

Source We dropped the First part of this series somewhere in the metaverse. I mean, metaverse was the last topic on the previous part! We are yet to purchase a land on the metaverse. That’s by the way though. We discussed a number of popular trends t...

Why Gas Prices on Ethereum May Not be an Issue Long-Term

23 Dec 2021 4 minute read 2 comments Zacharias

  22 December 2021: The general argument against the utilization and widescale adoption of the leading smart contract network Ethereum is center around a key flaw - the notoriously unaffordable gas prices for everyone using the network. It presently...