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.


Tracking The Crypto Trackers

17 May 2022 1 minute read 5 comments Gideon6ix

Tracking the Crypto Trackers3 Great Alternatives to CoinMarketCap that are Actually Free by: Gideon 6ix Photo by Behnam Norouzi on Unsplash There are a few free crypto trackers that are well known. CoinmarketCap (CMC) is the one that most peop...

What are the whales doing this week?

4 May 2022 1 minute read 1 comment toofasteddie

As @acesontop required me in his post yesterday, maybe it's a good time to see what the BITCOIN whales do with our destinations.Honestly, I have not detected anything remarkable in the behavior of the Top100 Whales on BITCOIN during the last weeks of...

The Crypto Market has Changed

8 May 2022 3 minute read 0 comments xuanling11

Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5! The cr...

Polkadot Your Calendar Now!

16 May 2022 1 minute read 0 comments Gideon6ix

Polkadot Your Calendar Now! Polkadot to Conduct First-Ever WASM Conference by: Gideon 6ix Polkadot is conducting the first ever WebAssembly Matters (WASM) Conference on May 31, 2022, hosted by Supercolony. It is a one-day Virtual Event that will "br...

Why Be Afraid Of The Collapsed Economic System ... ?

6 May 2022 2 minute read 5 comments Nas.A

  The global economic crisis, which became visible in 2008, culminated with the covid-19 pandemic. Countries are printing unlimited money, they are working to prevent the supply chain from breaking, they are giving free aid to prevent businesses from...

The Former Tech Leader and Home of Silicon Valley Rushes to Catch up on Crypto and Web 3

7 May 2022 3 minute read 0 comments Cje95

California was once the world leader in all things technology-related. The prime example of this is Silicon Valley and all of the major technology companies that were located there. For years now though California has suffered from a drain due to hou...

The internet layer for decentralize the web from SYNTROPY is getting more robust

14 May 2022 1 minute read 0 comments Cryptoray

I'm Ambassador from Syntropy and you can DM on telegram after join the official Spanish group chat on https://t.me/NOIAenCastellano   In the latest release of Syntropy Stack the team has been adapting the product to better align with upcoming featur...

April Earnings - Writing, staking and blockchain gaming

30 Apr 2022 4 minute read 9 comments Heruvim78

          Splinterlands is cooling down, with the price of the cards going down a bit, but the price of their airdropped token, SPS, slightly up. Cool! Some extra altcoins to boost my staking, and of course some passive income tokens on HIVE (BRO, UT...

Recent Life Changes Have Forced Me to Rethink My Crypto Earning Ways

6 May 2022 3 minute read 5 comments Cje95

For the longest time now I have continued to add new crypto earning ways while maintaining the ways I had already built up. Really it became my daily routine between interning and crypto I had a whole schedule set up and it has paid off handsomely! I...

Web 3, Free Web; How the Internet is About to Change

12 May 2022 3 minute read 3 comments Mark Anstead

  There’s a lot of buzz about a new word. Web 3.0. Glance, even briefly, at any cryptocurrency landing page, and the phrase ‘web 3.0’ (or web3), will blare out at you. In the recent congressional hearing, crypto execs kept name-dropping this new conc...