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.


Local Coin is a platform with great prospects!

6 Jun 2019 1 minute read 0 comments dimonbuton

Local Coin is a platform that will make a breakthrough in the field of blockchain. Let's try to figure out why and what promising I saw! The arsenal of the platform is varied and downloading the Local Coin client to your computer you get the opportun...

DABANKING - Fully Transparent dAPPs Platform

6 Jun 2019 2 minute read 0 comments yenilmez86

The universe of innovation is extremely powerful, as we have the chance to see the variable cutting advances in the banner every day. That always occurs in order to always have to improve and renew the type of innovation that is being created. In the...

6th GAMMA REWARD

6 Jun 2019 1 minute read 0 comments Creary

    The 6th GAMMA reward from the Creativechain Foundation goes to @justoneartist 🎉 JustOneArtist is a 3D artist and Visual Designer. This is in recognition of his commitment to the network, originality and quality of his portfolio. JustOneArtist...

Parachute Weekly Update: Bitcoin Pizza with 2gether, aXpire in India, BOMB stickers, Opacity beta... – 17 May - 23 May'19

6 Jun 2019 4 minute read 0 comments Abhijoy Sarkar

Hiya everyone! Here’s your week at Parachute (17 May – 23 May’19):   This week’s Parena had a super long finale which saw FlareOfFlame beating Ketan 3:0 to take home the spoils from a 100k PAR pot. The Parachute Shop now has a twitter handle. Check i...

TrueGoldCoin goes back to the roots of coins with TGC

6 Jun 2019 3 minute read 1 comment Cryptoray

(Read my post first at Noticiasbitcoin.io)     The versatility of Blockchain plus the real value of gold reserves backing it results in TGC Today, we are presenting a project that will have an important impact, the launch of a token linked to gold mi...

TokenMarket to Advance its Security Exchanges via Loopring Partnership

6 Jun 2019 2 minute read 1 comment Loopring

  TokenMarket, the blockchain-based global investment platform, today announces its partnership with Loopring, the protocol for decentralised token exchanges. The collaboration will accelerate security and transparency in the US$222 billion digital a...

Loopring Protocol 3.0: zkSNARKs for Scalability

6 Jun 2019 13 minute read 3 comments Loopring

  Fast, trustless, token trading. Not an oxymoron anymore. It’s with great excitement that today we unveil the design of our newest, fastest, and most forward-looking protocol, Loopring Protocol 3.0.   Protocol 3.0 has two main benefits: Way higher t...

DABANKING: A CREATIVE AND INNOVATIVE GAMING PROJECT

6 Jun 2019 6 minute read 1 comment Patrickcharles156

                                   INTRODUCTIONGood day my project lovers.I am here today to introduce a new and promising project to you, and I can assure you that you are going to enjoy this project.The name of the project is called DABANKING.Daba...

My Brave Rewards For May

6 Jun 2019 1 minute read 3 comments duckmast3r

I've been using the Brave browser for I think 2 months and I remember the first time I claimed my rewards I earned 5 BAT. I have been keeping track of how much BAT and I had earned about 8 BAT this past month. I was able to claim my reward for May ye...

Bought Binance Coin With & Visa Mastercard

5 Jun 2019 1 minute read 2 comments HowToVids

Competition is always there in the competitors. Every company wants to rule the market and to grasp other customers. For that matter, they introduce new features and offers to facilitate their customers and create ease for the users. All these steps...