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.


Blockchain - Implementation and possible changes in our daily life

13 Jun 2019 3 minute read 0 comments Mamaecrypto

When we embark on the crypto journey, one of the words we most encounter is: blockchain. And because it is a new term many of us do not know exactly what it is. But we know that there is a great potential for change in it. What kind of changes can ha...

Privacy. Privacy. Privacy.

13 Jun 2019 1 minute read 1 comment TheCryptoCurator

Crypto Watch TOP News (Sponsor iTrustCapital) * Square hires ex-Google director as first member of new Crypto team. * EOS developer Block.one working with lobbying firm on Blockchain issues. * General Motors leads $23M funding round for Spring Labs B...

8th GAMMA REWARD

13 Jun 2019 1 minute read 0 comments Creary

The 8th Gamma Reward from the Creativechian Foundation goes to @mlibty! Marko Zubak is a Croatian artist of many disciplines such as painting, sculpture, graphics, paper toys, design and animation who is part of the Creary community. This reward is i...

Why EDC is rated the best Blockchain; A comparative analysis

13 Jun 2019 6 minute read 1 comment Petoz

Introduction My first reaction to the news of EDC blockchain was ''that is too good to be true!'' I couldn't imagine a blockchain that posses great qualities and yet simple to interact with, versertile and could serve as real means of investment. Wh...

It is expected that in the next few years, the Asia-Pacific region will dominate the global blockchain property management field.

13 Jun 2019 1 minute read 0 comments fyjs

Today's industry report shows that the top players in the global blockchain property management sector in 2019 were consortiums consisting of the Sixth Stock Exchange of Switzerland, Swisscom and Zurich State Bank. The report describes the size, shar...

BKEX Ji Jingyan: BKEX focuses on derivatives and plans to integrate digital assets with the stock market

13 Jun 2019 1 minute read 0 comments fyjs

At the "BKEXCEO First Anniversary Celebration and Brand Upgrade Conference", BKEXCEOKyung YYN elaborated on BKEX's future development strategy. He said: BKEX is the world's leading blockchain derivative service platform. The entire digital currency t...

Onchain Custodian Partners with BabelFinance to Provide Institutional Players With Storage and Investment Products

13 Jun 2019 2 minute read 0 comments Mina Down

Onchain Custodian (ONC), the Singapore-based digital assets custody service provider, has teamed up with BabelFinance, formerly BabelBank, to deliver a secure custody solution to store its digital assets while allowing its own customers to buy BabelF...

INSTAR Blockchain Daily Operations Now Outrank WAVES, LTC, NANO, and BCH COMBINED

13 Jun 2019 4 minute read 0 comments Blockspectator

Bitcoin’s success saw the advent of blockchain-based platforms offering digital solutions to various problems facing the world. These decentralized platforms came with promising claims that spurred the market and investors. Fast-forward to 2019, thin...

new to Publish

13 Jun 2019 1 minute read 1 comment Emad

well, I'm totally new here!  if I want to compare this place with steemit, I have to say I got below concerns: 1. i love the dashboard more 2. seems we can access old posts and archive easier, great! 3. I like the "resources" section! wise. 4. using...

The Great of the Video Game Industry are integrated into the Blockchain

13 Jun 2019 1 minute read 3 comments derwin25

  And previously had heard rumors that companies like Square Enix, had started projects in the future with blockchain, this time nothing more and nothing less is mounted on this train company Ubisoft.     Which will begin to implement Blockchain tec...