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.


Bitcoin Heading Lower As Expected But Where Can We Rebound?

13 Aug 2019 2 minute read 2 comments CryptoChartWizard91

Bitcoin has continued to roll over and head south today after dropping by a total of around 4.5% to break beneath the $11,000 level and reach $10,900 - where it is currently trading. This latest price fall has now brought the total 7-day price drop u...

Cryptocurrency Use Case: Chicken or the Egg Paradox

13 Aug 2019 2 minute read 0 comments Cryptoonestop

"Technological progress is like an ax in the hands of a pathological criminal."  - Albert Einstein The Critics People tend to have very strong opinions about digital assets and their use cases . For example, many critics believe these assets have no...

Steem Engine Tools By @Cadawg

13 Aug 2019 1 minute read 0 comments fredkese

  Until this morning, I didn't know there was a way to check your open orders on steem-engine. A couple of weeks ago, I made a post requesting for an open order tab on steem-engine. An open order tab will allow you to see your buy and sell orders tha...

BEYOND BITCOIN. The Future of Digital Currency. Part II Blockchain vs. RAIDA

13 Aug 2019 7 minute read 0 comments CloudCoin

The theory of a perfect money by Sean H. Worthington Monetary systems have a job, and money has a specific role within monetary systems. The job of the monetary system is to track what value an individual adds to the economy and ensure that more val...

Why DAOBet (ex — DAO.Casino) Blockchain can Dominate the Gambling Market

13 Aug 2019 7 minute read 0 comments DAOBet

Join the discussion in DAOBet Telegram groups: International community [EN] Validators group chat Game developers group chat   Join our social media to keep up to date with all the announcements: Twitter, Facebook and LinkedIn.       Gambling reach...

Chainlink is Still a Sleeper As Most Of The Crypto People Don't Know What Is It About..

13 Aug 2019 2 minute read 1 comment Ra.Tomps

When ChainLink started to rise in prominence many people began to question if this was a meme coin across 4chan message boards. However, this project has turned out to grow into one of the strongest projects within the cryptocurrency industry which h...

VeChain Is One Of The Few Projects That Will Come Out as a Winner From Crypto Bubble

13 Aug 2019 2 minute read 3 comments paulOf91

VeChain really is one of the projects that will surprise many investors within the cryptocurrency community. It is one of the select few projects that have a working use case with some serious real clients on board, however, the problem is not too ma...

HubrisOne - All-in one cryptocurrency-fiat current account

13 Aug 2019 4 minute read 0 comments Abhijeetcg

Introduction Technology is evolving everyday, new innovations brings disruption and replace the old one. Technology has transformed humans from an uncivilized state to civilized state. Thanks to a new revolutionary technology called Blockchain. It's...

Seven steps towards launching your first ICO in 2019

13 Aug 2019 6 minute read 1 comment Ayodele

“The graveyard is the richest place on the surface of the earth because there you will see the books that were not published, ideas that were not harnessed, songs that were not sung, and drama pieces that were never acted.” This a quote by Myles Munr...

Find out where you can earn real value rewards.

13 Aug 2019 1 minute read 0 comments Best crpto

Flybuys reward every dollar spent in their network of stores with 1 cent of reward value - which can only be redeemed at member stores. That’s super restricted.  AMEX rewards when you spend with their network partners but only when you use your AMEX...