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.


Parachute Weekly Update: New AXPR listings, Hydro @ Consensus, WandX non-custodial staking, Wysker Reactions... – 10 May - 16 May'19

29 May 2019 4 minute read 0 comments Abhijoy Sarkar

Hi everyone! This was a super busy week at Parachute and partners. Buckle up, here we go:   Cryptodelphia won this week’s Parena to take home a cool share of the 200k PAR pot. The finale turned out to be a walkover since iCuddle was a clone account....

AUXLEDGER - Blockchain Infrastructure for Decentralized Internet

28 May 2019 3 minute read 7 comments yenilmez86

As an entrepreneur, I gave up innovation in the blockchain. My capital is limited to the assets I need for the development of my private companies and is limited to the commercialization departments of the foundation that need to pay with general cos...

Volentix | All In One Crypto Ecosystem

28 May 2019 3 minute read 8 comments assasin

As we all know, the long-term decline in the crypto market has ended. Many major crypto coins began to gain value. With the introduction of institutional investors, the crypto money market has taken a sigh of relief. Many subcoins have been launched...

NEW FEATURE ON CREARY: Recommend a project

28 May 2019 1 minute read 0 comments Creary

  Recently, the new feature of recommending contents in Creary has been implemented. This feature allows users of the social network to share projects of others to their followers. As the network grows so does the number of daily publications. As a r...

F1 Delta Time – The Official Formula 1 Crypto Game by Animoca Brands

28 May 2019 2 minute read 4 comments egamersio

Animoca Brands Corporation Limited (ASX: AB1, “the Company”) is pleased to advise it has secured a global licencing agreement with Formula 1® (“F1”) to develop and publish F1® Delta Time, a blockchain game based on the world-famous racing series. Glo...

TXR Musicoin Weekly Contest Winner - Week #17!

28 May 2019 1 minute read 0 comments NewenX

Welcome to the presentation of Week #17 WINNER! It is Growing Old Disgracefully by Juxta Listen to it [HERE] SUBMIT NOW AND HAVE A CHANCE TO WIN 1000 $MUSIC! Musicoin has a mobile app now! These are exciting times, you should give it a try, it's...

VOLENTIX - Detailed Review

28 May 2019 3 minute read 0 comments yenilmez86

We are constantly looking for promotions such as buying bitcoins. Many of them have an investigation, why don't you go to the trade or stock market and trade there? As it may be, at that point on the possibility of falling further, each of these indi...

Micromines - The latest Indonesian Crypto Exit-Scam

28 May 2019 2 minute read 0 comments BitbyBit

All started relatively well with the Micromines project, an Idex-like decentralised crypto excxhange.  Following a successful low-key ICO raise, the team, after a moderate period of time, and two quarters ahead of schedule, delivered their working DE...

Facebook Coin 2019 Facebook Cryptocurrency Globalcoin

28 May 2019 1 minute read 1 comment salahchiva

Facebook Coin  will be a cryptocurrency with a huge and solid project. I have no doubt that it will be one of those that will explode upwards and make many millionaires I have my friend in facebook This guy I know is on facebook all the time and open...

A View of Crypto

28 May 2019 1 minute read 0 comments TechCogs

Cryptocurrency is a very interesting development in the world of technology, computers, and the Internet.  It's given rise to many new opportunities and websites, including the likes of Publish0x, and it gives people new ways, and frankly more ways,...