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.


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...

Live-Changing Growth? Why You Should HODL All The Leo-Airdrops!

6 Mar 2021 4 minute read 3 comments Khazrakh

I always found it a bit odd to see all the articles shilling Hive and Leofinance on Hive and Leofinance. I just didn't see the use of them, they are more like preaching to the choir than anything else. I already know that Hive is the best blockchain,...

Blockchain and Cryptocurrency Question of the Day

6 Mar 2021 1 minute read 0 comments JaiChai

What is the best case and worst case scenario for this: Click here for the answer. By JaiChai This is YOUR TORUM INVITATION! JaiChai 3-6-2021. Simultaneous multi-site submissions posted. All rights reserved.

Dash and Stakehound and Ren, Oh My!

5 Mar 2021 1 minute read 1 comment Tao of Satoshi

The Dash network has approved two proposals for Dashers to enter the world of Defi: Stakehound staked Dash, and RenDash. Joining me today to talk about these two options is Felix Mago, co-founder of Dash Next. Thanks for watching!

New project sdata token airdrop

5 Mar 2021 1 minute read 0 comments cryptospace

Data Network Airdrop  Get 30 sData Coin ($30) Free   sData Network Airdrop     1 sData Coin = 1 USDT Value: 30 sData Coin ($30) Referral: 20 sData Coin ($20) 30 + 20 sData Coin 2 minutes       Join Airdrop   How To Join sData Network Aird...

The Best Free Crypto Education

4 Mar 2021 1 minute read 0 comments Reaching The Finish Line

Ten years ago, crypto was still in its infancy. There was Bitcoin, Ethereum, Litecoin, and maybe a few others. I didn't take it seriously like most people. Now, more people than ever are taking crypto seriously as a financial investment. The cryptocu...

AIRDROP BEERMONEY $ 5 TOKEN WILL BE LISTED ON THE BINANCE IN A FEW WEEKS RUN

4 Mar 2021 1 minute read 0 comments CanalCriptoBr

🎁 AIRDROP PAYING 🎁 ✅ EARN 25 TOKENS 💹 WIN + 10 EACH NOMINATED 🚨 LAST AIRDROP THAT THIS PLATFORM MADE PAID R $: 530,00 REAL ⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️Token will enter the binance⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️⚠️ 🛑 DON'T STOP MAKING THIS AIRDROP, BECAUSE WHEN ENTERING BINANC...

Doge House.

3 Mar 2021 1 minute read 0 comments Bit Dawg

I recommend Snoop open an online webpage called Doge House.  He could encourage rap music innovators to publish their rap on Doge House.  People could tip them with Dogecoin.  Snoop could then work with the best tipped rap innovators on a traditional...

Blockchain Gaming and How I Got Paid

3 Mar 2021 2 minute read 2 comments MightyBeggar

Do you like playing card games? Do you like getting paid? If the answer to any of those is a resounding yes, or even an emphatic maybe, then God's Unchained is THE game to play.  I learned about the game recently from reading an article on this very...