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.


TokenMarket to Advance its Security Exchanges via Loopring Partnership

6 Jun 2019 2 minute read 1 comment Loopring

  TokenMarket, the blockchain-based global investment platform, today announces its partnership with Loopring, the protocol for decentralised token exchanges. The collaboration will accelerate security and transparency in the US$222 billion digital a...

Loopring Protocol 3.0: zkSNARKs for Scalability

6 Jun 2019 13 minute read 3 comments Loopring

  Fast, trustless, token trading. Not an oxymoron anymore. It’s with great excitement that today we unveil the design of our newest, fastest, and most forward-looking protocol, Loopring Protocol 3.0.   Protocol 3.0 has two main benefits: Way higher t...

DABANKING: A CREATIVE AND INNOVATIVE GAMING PROJECT

6 Jun 2019 6 minute read 1 comment Patrickcharles156

                                   INTRODUCTIONGood day my project lovers.I am here today to introduce a new and promising project to you, and I can assure you that you are going to enjoy this project.The name of the project is called DABANKING.Daba...

My Brave Rewards For May

6 Jun 2019 1 minute read 3 comments duckmast3r

I've been using the Brave browser for I think 2 months and I remember the first time I claimed my rewards I earned 5 BAT. I have been keeping track of how much BAT and I had earned about 8 BAT this past month. I was able to claim my reward for May ye...

Bought Binance Coin With & Visa Mastercard

5 Jun 2019 1 minute read 2 comments HowToVids

Competition is always there in the competitors. Every company wants to rule the market and to grasp other customers. For that matter, they introduce new features and offers to facilitate their customers and create ease for the users. All these steps...

What currency changed my life 💹👌😍😍

5 Jun 2019 1 minute read 3 comments salahchiva

Hello all Today I will talk about something wonderful that happened to me before I have already invested in Bitcoin  true I earned from it 💸💸💹💹💲💲 But there is a currency that has changed my life amazingly It's a steem coin 😍😍👌👌💕 Where I bought the cu...

10 Blockchain Companies to Play a Big Part in the Decentralised Future

5 Jun 2019 4 minute read 8 comments pheonixdown-dee

  Welcome to our latest blog from Token News taking a look into the future. Today, we’re looking at ten blockchain projects that we think will play a part in the decentralised future. In no particular order, here we go.     Aragon Aragon is an incr...

A2Trade - overview of the investment platform

5 Jun 2019 2 minute read 0 comments roland4

Let's talk about the project   Colleagues, welcome to my interesting investment blog. Today we will get acquainted with an interesting A2TRADE platform. This platform is designed for investments, and in different directions. This includes stocks, bo...

NEO Announces $100 million USD Ecosystem Boost Fund at Consensus

5 Jun 2019 2 minute read 0 comments Mina Down

Press Release from NEO - June 5, 2019 At Consensus 2019 in New York, NEO unveiled its new US$100 million EcoBoost fund designed to drive ecosystem growth and development. NEO also outlined various initiatives in its pursuit of making NEO the most dev...

A blockchain technology that Rewards both The Rich and the Poor is worth Paying Rapt Attention to.

5 Jun 2019 4 minute read 0 comments Ayobami99

Blockchain Technology and FinTechs The blockchain Technology is cutting edge and revolutionizer in the financial tech industry. Its security is unprecedented as it has proven resistance to all form of brute-force attack and double spending. It has al...