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.


How to Determine if a Cryptocurrency is a Security or Not Using the Howey Test

24 Mar 2019 3 minute read 0 comments Mina Down

We hear a lot about the Security and Exchange Commission (SEC) in the US potentially regulating ICOs and possibly declaring some coins and tokens securities. We even hear of potential security-laws violations in the past months. However, how do we te...

Parachute Weekly Update: New coins and groups @ ParJar, Big Week for aXpire, Charity Parena, DoTA 2 Tourny... - 8 Mar - 14 Mar'19

24 Mar 2019 3 minute read 0 comments Abhijoy Sarkar

This has been a long time coming. Sorry folks. Been totally slammed at IRL work. Here’s your week at Parachute (8-14 Mar):   ParJar was added this week to Opacity, Blockport and District0x. District0x even have their reputation scores linked to ParJa...

fluffAR recalled or the fabric of fifteen minute coins

23 Mar 2019 2 minute read 0 comments ghostm6

Fluff "carats" and tokens...It was only yesterday, well, in a mannish boy type of double-talk, for in fact it was nearer to what might be termed the cryptocurrency crash or correction of twenty eighteen. In any case, it was recent: a brilliant idea,...

Here is How Counterfeit Fight with Blockchain is Progressing

23 Mar 2019 1 minute read 0 comments Cryptofivers

Irrespective of where you shop, the counterfeit fear is real. At some point you must have bought a replica of a product of your dream. However, the entry of blockchain is about to end the menace. The technology provides P2P transaction verification i...

STELLARGOLD:Making Easier Crypto Exchange

23 Mar 2019 2 minute read 0 comments dessyhodin97

Introduction With the fast improvement of innovation, changes happen on the planet. These progressions make contrasts in the propensities for individuals. The experience picked up by individuals in utilizing the innovation in the past is bit by bit v...

The Cryptopia fiasco - Only 77 of 459 projects secured

22 Mar 2019 2 minute read 5 comments Joker

Everyone of us remembers the "breaking news" of Cryptopia being hacked back on 14th January this year. A tad more than 2 month later, we are still waiting to access our funds. While trading has been enabled on 73 projects as of today (cryptopia.co.nz...

The Ripple Effect

22 Mar 2019 1 minute read 0 comments TheCryptoCurator

Crypto Watch TOP #3 (Sponsor Unstoppable Domains) UPS integrates Blockchain platform to improve merchant supply chains. Bakkt raises Series A at valuation topping $700 million. US prediction startup Numerai raises $11 Million in ICO. Podcast: Uncon...

BITWAY - DECENTRALIZED MINING PLATFORM

22 Mar 2019 3 minute read 0 comments Lekato

  BITWAY - DECENTRALIZED MINING PLATFORM       Crypto-currency mining has been one of the most lucrative investments in this century. Crypto-currency mining has been the headline of the news and all media outlet over the years simply becaus...

Why crypto people should have a look at the Publish0x content platform 🤓

22 Mar 2019 1 minute read 7 comments Cyril

What is Publish0x? Publish0X is a crypto agnostic blogging platform whose concept is simple: People writing stuff and people reading stuff. Nothing new... except both writer and reader are paid in crypto instantly. The main aspect of publish0x is tha...

Bitcoin Technical Analysis: QUICK UPDATE

21 Mar 2019 1 minute read 0 comments Workin

Bitcoin broke below $4,000 earlier today, finding support right around $3,900 before bouncing. It’s currently trading around $3,950 on Coinbase. In today’s analysis I discuss where price may be heading next, traps to avoid and so much more. I hope y...