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.


I Read The STEEM Whitepaper. Here's What I Discovered.

17 Feb 2020 6 minute read 50 comments SkinnerCrypto

Ah, Steem. More Specifically, Steemit. I have heard of it on and off again as I've made my way through CryptoLand, but I never actually gave it much thought. There's a lot of buzz on it, and I try to avoid the buzz as much as possible. Just another s...

Demystifying Blockchain Social And Identifying Red Flags

17 Feb 2020 1 minute read 13 comments Scott Cunningham

There are so many blockchain social platforms these days that it can be overwhelming to try them all out to decide. Here are some red flags that I look for to save myself a lot of time in deciding if I want to use it and more importantly, recommend i...

Coinmarketcap 16/02/2020

17 Feb 2020 1 minute read 0 comments sevillaespino

Good evening my readers, thanks to God we have finished another week of life, I hope you have been able to spend time with your family on this day of rest and charge your batteries to start a week in a positive way. Today the market closed the week...

down in cryptocurrencies, news and more

17 Feb 2020 1 minute read 0 comments @Bumi

Bitcoin fell below the psychologically important level of USD 10,000 on February 15. This has dragged down cryptocurrency markets, whose market capitalization has fallen below USD 300 billion. Although Bitcoin has declined, its market dominance has r...

"Relics" - (2017) EP [MUSIC]

17 Feb 2020 1 minute read 0 comments Solar Phasing

Hello Space Rockers! :0)   Now Available on SatoshiWall!At $0.50 in BCH - Bitcoin Cash.Relics  Solar Phasing. (EP) Released: September 21, 2017. For Crosschain Promo BitcoinCash Music Adoption.         Get The Unique Collectible Marble Card: https:...

Steemit Tokens related to music, quick analysis.

16 Feb 2020 1 minute read 1 comment Woodoo Prod

Hello Publish0x, We followed for a few days the main Steemit Tokens related to Music, not all, but some. Some are also related to art in general, elsewhere. Our observation is a little disappointing, in fact:Volume in 24h, near 0.Value, near 0.Useful...

Blockchain: #1 thing to know

16 Feb 2020 1 minute read 1 comment schinkenspeck

Hello world! I would like to start this blog with one short input: There's a number of fabulous "Blockchain Beginners" articles out there - but in my opinion not many of them clear this topic that I think people should know about when starting in the...

💎 [BCD] - Join Bounty Bitcoin Diamond to receive BCD token value (1 BCD ~ $ 1.1) 💎

16 Feb 2020 1 minute read 2 comments ngoctai93

💎 [BCD] - Join Bounty Bitcoin Diamond to receive BCD token value (1 BCD ~ $ 1.1) 💎  📍 Link to join: Join Bounty Now - Access Link to join Login with Mail account.- After Login to the settings section, connect your social network accounts with the pa...

Click Bait Sucks

16 Feb 2020 2 minute read 2 comments Autumn1962

Merriam Webster defines click bait as ‘something (such as a headline) designed to make readers want to click on a hyperlink especially when the link leads to content of dubious value or interest.’  Wikipedia defines click bait as ‘a form of false adv...

3 fact that every crypto trader should learn

16 Feb 2020 1 minute read 0 comments Cryptobreakfast1

1 - don't waste a single penny This advice is the most important of the three! Every investor know that money lost in present is equal to more money lost in future. This was Warren Buffet lifestyle and still it is, that made him the Omaha's oracle! W...