Blockchain News, Opinions and Analyses created by users.

Blockchain

35,607 Articles 280 Followers

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.


GOOREO - SECURING A BETTER JOB FOR STUDENT AND FREELANCERS

21 Mar 2019 4 minute read 1 comment Lekato

GOOREO - SECURING A BETTER JOB FOR STUDENT AND FREELANCERS INTRODUCTION Wіthіn thе rесеnt уеаrѕ, dесеntrаlіzеd tесhnоlоgу whісh іѕ knоwn tо bе thе blосkсhаіn tесhnоlоgу hаѕ ѕhоwn tо bе thе ѕсіеnсе thаt will сhаngе the ѕtаtuѕ-ԛuо оf things in...

Youth empowerment

20 Mar 2019 1 minute read 0 comments Blessed

In Nigeria today, if our president can sit down and monitor what's going on in this country he will see that Nigerian as a whole is missing out big time, why did I say so. Come to look at it, in Nigerian we have a lot of young men out there "the yout...

BCNEX - BLOCKCHAIN TRADING PLATFORM WITH GREAT FEATURE

18 Mar 2019 3 minute read 1 comment Lekato

After the launch of an internet, digital-currency and the great blockchain technology behind it has been tipped to be the next big thing that will ever happen to human. This blockchain technology has been projected to have more impact in financial se...

Predicting the future

17 Mar 2019 1 minute read 0 comments Blessed

Hello friends, talking about the country today I see a lot of changes everywhere. The country today come to look at it, things are happening everywhere it's more like the world is about to come to an end. Talking about the world we're now in the days...

Good morning

17 Mar 2019 1 minute read 0 comments Blessed

It's a beautiful morning and thank god for making me to see today, though it was nor everybody who was able to sleep last night that was able to see today. I just want to thank God for such a beautiful day like today. Happy enjoying your Sunday peopl...

How to Avoid Two of the Most Common Cryptocurrency Scams

15 Mar 2019 5 minute read 0 comments Mina Down

  Don’t Blame the Victim If you’ve spent time in cryptocurrency communities you know there are many scams out there. You’ve probably also heard people say only "noobs" fall for scams, or that victims somehow deserve to lose their coins because they a...

Crypto Watch: 14 Mar 2019

14 Mar 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP #3 (Sponsor TaxToken) CFTC Chair J. Christopher Giancarlo says Blockchain and Crypto are two key Phenomena Transforming Today's Markets. Crypto-Powered Beer Vending Machine is a Thing. Solar cuts Bitcoin Mining by 75% Podcast: Chan...

IF OTHERS CAN DO IT, YOU MOST CERTAINLY CAN DO IT TOO!

13 Mar 2019 1 minute read 2 comments manzon

  1 Corinthians 15:57 NIV 57 But thanks be to God! He gives us the victory through our Lord Jesus Christ.     Remember:  As a Christian believer, are not exempted to face temptation and battles, but God has already  overcome the world. And through ou...

Crypto Watch: 13 Mar 2019

13 Mar 2019 1 minute read 0 comments TheCryptoCurator

Top 3 Crypto Skeptic Marc Faber buys Bitcoin SEC confirms Ethereum is NOT a Security Inveniam Capital Partners looking to tokenize real estate Video to Watch: Remembering the Utility by Matthew Aaron Podcast to Listen to: Tales from the Crypto host...

Been happy

11 Mar 2019 1 minute read 0 comments Blessed

Happiness as we all know is a good thing. And everyone deserve it. We all yearn for it. Butbtge question is how do we find our happiness and where does our happiness lies. As a social an analyst happiness we seek outside is not outside but within so...