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 9300 💲💹🤑

17 Jun 2019 1 minute read 0 comments salahchiva

Hello all It seems that the currency of bitcoin is currently struggling to climb to higher levels and is currently reached to the price of 9000 dollars and even it reached the price of 9300 $ . The market is now in the pre-explosion phase. All the ne...

1 Million

17 Jun 2019 1 minute read 4 comments TheCryptoCurator

Crypto Watch TOP News (Sponsor iTrustCapital) * JPMorgan seeking job candidate with Bitcoin scaling tech knowledge, but asserts it’s doing nothing with actual Bitcoin. * Grayscale's research department believes that Bitcoin could become a hedge for t...

Why should we adopt Cryptomoney as daily use in our lives?

17 Jun 2019 1 minute read 4 comments derwin25

  Many fervent dreamers and followers of cryptocurrencies could say that it is the best financial system ever invented so far with infinite benefits. But of course, the most important thing is that we form our own opinions about it according to what...

11th GAMMA REWARD

17 Jun 2019 1 minute read 2 comments Creary

  The 11th GAMMA reward from the Creativechain Foundation goes to @kertasiun 🎉   Kertasiun is a Barcelona-based Indonesian self-taught collage artist and paper-cut illustrator who shares his fantastic projects with the artistic community of Creary.  ...

Dragon Castle: Beat The Dragon, Earn The Dividend

16 Jun 2019 4 minute read 4 comments egamersio

In an ancient realm threaten by dragons and monsters, players are challenged to achieve the greatest honor of all, the dragon slayer. Dragon Castle players fight to bring prosperity and hope back to their territory while receiving dividends and stake...

Quantum resistant blockchain and cryptocurrency, the full analysis in seven parts. Part 4D.

16 Jun 2019 1 minute read 0 comments Allen Walters

You can read part 1 here, and part 2 here, and part 3A here, and part 3B here, and part 3C here, and part 4A here, and part 4B here, and part 4C here Upgrading to a quantum resistant signature scheme influences the performance of the blockchain. Now...

Hedgie pilot tournament recap and limited edition Raptor Hedgie giveaway

16 Jun 2019 2 minute read 6 comments egamersio

Hedgie is a game where you own hedgehogs and sent them on journeys to collect various resources. Recently, Hedgie hosted their very first Hedgie Tournament where there were limited spots available. The spots were filled up super fast but I managed to...

BCNEX The Ultimate Blockchain Trading Platform

16 Jun 2019 2 minute read 1 comment Kentoeng

We never imagined that blockchain technology is now almost used in all important sectors such as entertainment, finance, gaming, real estate, healthcare, etc. Blockchain technology was discovered in 2008, but became public trending when Bitcoin was f...

Atomic swap technology on PascalCoin blockchain: Towards a truly decentralized and time-bound cryptocurrency exchange.

16 Jun 2019 3 minute read 10 comments Dzoelx

Trading cryptocurrencies on decentralized exchanges are unarguably exciting, coin holders here are able to exchange their tokens with the influence of a third party. This concept is relatively a developing concept in cryptocurrency as many decentral...

TXR Musicoin Weekly Contest Update - 3 days left to submit for Week #20!

15 Jun 2019 1 minute read 1 comment NewenX

Welcome! We wanted to remind you that there are 3 days left to submit for Week #20 of our Musicoin Weekly Contest!Have a chance to win 1000 $MUSIC (Musicoin's cryptocurrency) and a week of promotion to your song! Every week we are receiving Musicoin...