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.


Trying Celsius, the app that PAYS INTEREST on your crypto

11 Mar 2021 2 minute read 0 comments Squeaker

"The modern way to manage assets" I've heard of the name 'Celsius' for quite a while now. There's so many players out there nowadays (without mentioning DeFi) that offer interest on crypto holdings that I never have had a good reason to try out the p...

Bitcoin price today 2021

10 Mar 2021 1 minute read 0 comments Nguyen thi kim hien

Bitcoin price today 2021  Buy and sell bitcoin 2021: https://bit.ly/2PJwF0h     subscribe to the channel below to keep updated with the latest bitcoin prices :  https://www.youtube.com/channel/UCV8WZ0pvpxXT8acK0n6fG9g?sub_confirmation=1

Getting Started in Cryptocurrency

10 Mar 2021 16 minute read 0 comments Wasure

Getting Started With Crypto     Do you want to earn cryptocurrency and either:   Don’t know where to get cryptocurrency Don’t know how to trade cryptocurrency Don’t know when to trade cryptocurrency   Keep reading then. You may find something...

[Short Article] Mastering Cardano textbook possibly coming this year

9 Mar 2021 1 minute read 0 comments ircrp

Charles Hoskinson in today's morning live update has shed some light on the plans for Mastering Cardano textbook which he envisions as "The Bible of Cardano" and hopes can be delivered just before the end of the year   📺 youtu.be/vjfn0CBRJ3A?t=336  ...

Demonstrating the Possibilities of DeFi

9 Mar 2021 1 minute read 0 comments Tao of Satoshi

After discussing the upcoming integrations of Dash into Stakehound (stakedDash) and Renbridge (renDash), Felix Mago joins the show for this second of a two-part series to explain the myriad of possibilities to enter and participate in the crazy world...

Ethereum (ETH) mining revenue posted new ATH in February

8 Mar 2021 1 minute read 0 comments manuabb1

  Ethereum (ETH) mining revenue reached a record high of over $ 1 billion in February. In February, more than half of mining revenue came from transaction fees. The recent Ethereum EIP-1559 upgrade proposal remains a subject of contention among...

FAKE AIRDROP - SCAM ALERT - @contestbuddy

8 Mar 2021 1 minute read 0 comments Juan Molina

  Greetings, dear community partners.Please pay close attention to this information: Currently, a scam model is being developed on Steemit and Hive where a fake AIRDROP of 400 STEEMS is promoted. You will receive an invitation to claim that ai...

Last 4 days to join Airdrop

7 Mar 2021 1 minute read 0 comments neruda41

                                            You join the airdrop with any eth address and we will give you 10 unif tokens and 10 more tokens for your referral, we can earn a maximum of 300 unif tokens. The 1000unif token that the site says is 1 eth....

Earn TRX Instantly In My Telegram Channel - Airdrops, Paid Tasks, Giveaways & More.

7 Mar 2021 1 minute read 0 comments EarneyBitcoin

Today i wanted to invite everyone to earn TRX instantly in my telegram channel - doing airdrops, paid tasks such as retweeting and reblogging, give aways and other competitions.   You can earn very good amounts of TRX quickly and easily just by hangi...

Will BTC Reach 1 Million?

7 Mar 2021 1 minute read 0 comments DwzCrypto

  Bitcoin who's the next Millionaire? Bitcoin craze looks like it's going back up again we've seen Bitcoin hit an all-time high of over $50,000k and people are speculating that it will reach 1 million dollars! Will it reach $1 million dollars? it's...