Blockchain

38,438 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.


Does technical analysis work with crypto?

31 Dec 2019 1 minute read 1 comment MadMaxx

Tip this post if you enjoy it! We've all heard of TA. Using the charts to predict the charts. Masters of TA are basically on the same level as the Jedi. They have those awesome mind tricks. They can trick the market to do what they want it to do.(Of...

Do you have cryptocoins like Bitcoin? Then these are your five good intentions for 2020

30 Dec 2019 2 minute read 0 comments DoRi

Image source This year a lot of people started buying cryptocurrency. However, there is much more to it than most people realize. If you have indeed just started buying digital currencies, such as Bitcoin or Litecoin, we have five good intentions for...

Birake and Energi coin soon to be listed inside Stakecube platform

30 Dec 2019 1 minute read 0 comments Lucian Nagy Composer Multi ethnic instrumentalist

Don't miss the opportunity to stake and invest in new coins that will appear as listed assets inside https://stakecube.net/?team=ElBalkumbero Soon Energi coin and Birake will be listed inside https://stakecube.net/?team=ElBalkumbero Birake is a coin...

What Is Power Ledger (POWR)? - [A Comprehensive Guide to Understanding Power Ledger]

30 Dec 2019 7 minute read 17 comments Mr.CryptoWiki

Power Ledger (POWR) is pretty well known energy focused project, which is what I'm writing on today. You should see my other guides as well - check out Ren (REN), Komodo (KMD) and Waves (WAVES). In the world of cryptocurrencies, it’s not easy to fin...

New ONU blockchain project in Mongolia to support small cashmere producers

30 Dec 2019 2 minute read 0 comments Roberto D.

Just yesterday we were writing about how the United Nations are heavily focusing on blockchain technology to carry out a series of initiatives; Also yesterday Forbes published an interesting article related to one of these projects strongly desired b...

Technical Analysis of BAT/USD & possible scenario - 30/12/2019

30 Dec 2019 2 minute read 0 comments milaan

BAT/USD is now trading at 0.198 and is looking bullish. This pair from last three days has been trading in the positive territory making higher high and higher low. The candle stick pattern is also suggesting that at least in the short to medium term...

An Introduction To Smoke.io - Part 3: How To - Account Setup #SmokeCryptoMinute

30 Dec 2019 1 minute read 4 comments d00k13

Part 3: How To - Account Setup   In this video you will learn how to setup your Smoke.io Profile and how to retrieve your Private Posting Key. Start earning for your cannabis interests, after this you are ready to post! Whether you are a Cannab...

The Seven Goals I Must Achieve On Steemit By 2020

30 Dec 2019 6 minute read 0 comments Hardaeborla

      As we all know know this year (2019) is coming to an end within the next two to three days, I use this medium to wish you all a blissful new year in advance and I hope we are all granted our wishes as our heart desires. Some of my fri...

I traded entirely on my phone for 18 hours

30 Dec 2019 1 minute read 0 comments MadMaxx

Tip this post if you enjoy it! So I traded on my phone for 18 hours straight. It was a painful experience, but I did it anyway. Want to know how it turned out? Keep reading! So the rules were simple. No laptops. No desktops. No tablets. Just my iPhon...

Ethereum Co-founder Sold 90,000 ETH? #456

30 Dec 2019 1 minute read 0 comments Gary Leland the Bitcoin Boomer

Ethereum co founder Jeff Wilcke admitted he has sold 90,000 ETH. The transfer, which carried the large stash of ETH to the Kraken exchange, sparked fears the coin may slide in the coming days, erasing more of its value by the end of the year. YouTub...