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.


Got ZEN?

14 Jan 2021 2 minute read 0 comments BOI

A few days ago, as I was researching and adding new crypto faucets to my website, I stumbled upon a cryptocurrency called Horizen. Those of you who are longer in the game have probably heard about this coin but if you're like me, here's a Coinge...

12 Jan 2021 1 minute read 0 comments dimonbuton

Flare Airdrop for LTC holders

12 Jan 2021 1 minute read 0 comments The Very Confused Martin Babalor

Quite a good news for all of you LTC holders, FLR are coming your way Flare Networks announced friday on Twitter that they will integrate Litecoin, that will be used trustlessly on Flare with Ethereum style smart contracts and this gives LTC interop...

Why Expresscrypto.io is your best option to earn free Crypto

11 Jan 2021 4 minute read 22 comments Cal_tv93

So the world of crypto is a very fastly growing each year and more and more people are looking for ways to invest money into crypto or free ways to get crypto because they do not have the option to buy crypto. But to be fair the safest bet is not to...

Scam warning for Telegram earning bots

10 Jan 2021 2 minute read 0 comments geld-help.info

Scam bots are dangerous! Rip-off warning! Many Telegram bots are scam! There is no payout for these bots. Please do not use these bots! Following list will help to protect you. What are Scam Bots? Scam bots make no or only rarely payouts or want to c...

YFST #Latoken New AirDrop

8 Jan 2021 1 minute read 0 comments Speedcar

YFST #Latoken New AirDrop 🔻Join Link : https://t.me/latoken_airdrops_bot?start=f9kjgptg-airdrop_YFST-source_defp ✅Finish all task and get Rewards 🏮Quiz Ans👇 1. A2. C3. C4. B5. A 1 YFST= 690$

Earning dust: referrals, airdrops, faucets, bounties, discord and telegram bots

7 Jan 2021 2 minute read 0 comments aschatria

There is a category of online activities that I constantly avoid talking about. I could even say - well, almost - that the crypto microblogging could go under this category. But... it is not quite the same. The difference is, maybe not as much in the...

Numio Airdrop - Win up to 100k Numio!

4 Jan 2021 1 minute read 0 comments Nolan Mayersky

Numio Airdrop It's not often that I report on airdrops. But, I found this one and the project seems to be legit and the tech behind it looks pretty appealing.  Numio is a suite of crypto software and also an Eth token. This includes identity managem...

FAUCEYPAY ***Making things right for the hard working Faucet laborer's.***

3 Jan 2021 4 minute read 0 comments hcacw

January 5, 2021 I wasn't sure which ay to present this blog that allows for simplicity and with ongoing posts. I than decided to just go with the flow and not worry about structure until structure presented itself. I also want it to present in a way...

Crypto Exchange is coming to europe - join $200 Airdrop Waitlist

3 Jan 2021 1 minute read 1 comment Speedcar

Hi everyone Hope everyone are doing well So in this post am going to share world best crypto exchange coming  In mean while everyone can join waitlist so we can earn some portion of prize pool The most accessible crypto exchange is coming to Europe!...