Blockchain

38,378 Articles 297 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.


Social Features Coming to BlockchainRPG

22 May 2022 4 minute read 2 comments DrCharles

Hello adventurers, I am happy to be sharing a couple things that the BlockchainRPG team is currently working on. While the last few weeks for the crypto-verse as a whole as been a little weird, our BRPG team has still been hard at work. Most of the...

The Good And The Bad Of Accepting Bitcoin Payments With Fiat

20 May 2022 5 minute read 0 comments primalsound

The era of digital currency is here. We are currently witnessing a great shift in the way money operates. With bitcoin’s entrance into the economy, a clear distinction has been formed between traditional paper currency and the new and fresh digital c...

What Is Ethereum ETH Coin for Dummies? When Will Ethereum 2.0 Launch?

16 May 2022 5 minute read 7 comments StealthEX

Ethereum is a blockchain project second only to Bitcoin in terms of capitalization and popularity. Smart contracts have created a convenient environment for dApps developers, and the blockchain is used for instant P2P payments.  How Much Is 1 Ethereu...

How much longer until Bitcoin's next halving event?

17 hours ago 1 minute read 1 comment EasilyRich.com

Many people are wondering how long is it until Bitcoin's next halving event? What happens during a Bitcoin halving? Well just read further to find out! One website that I personally use to check when the next Bitcoin halving is CoinMarketCap.  You ca...

Layer 2 Trading Live on Numio

4 hours ago 1 minute read 0 comments Mark Anstead

  What’s New in Numio v2.6   At Numio we continually innovate to bring you the best user experience and lowest fees, so it makes us very happy to announce that Numio has had an upgrade – a big one. TL:DR we now have support for Layer 2 token swaps, L...

Boba Network(BOBA): Delivering Comfort and Convenience to Everyone

22 May 2022 2 minute read 0 comments Eddyc

  Greetings Friends; In this article I will write about Boba Network(BOBA), a project that carries optimism as a reason for ascension and this word(optimism) carries a positive energy, that is, it's a word that seeks to assimilate determination with...

LunarCrush - Why It's Way Better Than You May Think!

21 hours ago 3 minute read 0 comments Sapphire

A Recent Addition There are a number of sites and platforms that I visit on a daily basis. Recently, I made the decision to incorporate LunarCrush, a social intelligence service that provides users access to multiple metrics and market data. The LUNR...

Chinese miners are back in business

23 May 2022 1 minute read 0 comments Stormgain

Despite the ban on the use of cryptocurrencies by financial institutions and the designation of mining as an undesirable activity, Chinese crypto miners are now back on track. According to data from Cambridge University, Chinese miners have now turn...

PARTNERSHIP ANNOUNCEMENT — DropsTab & GetBlock

3 hours ago 1 minute read 0 comments GetBlock

GetBlock now has a partnership with a great project DropsTab   About GetBlock GetBlock is a Blockchain-as-a-Service (BaaS) platform that provides instant API access to full nodes from multiple blockchains.  GetBlock gives users access to both shared...

CoinW Venture: The upstart of blockchain venture capital is empowering blockchain enterprises in an all-around way.

23 May 2022 2 minute read 0 comments CoinW Exchange

    As the usage and attention of cryptocurrencies continue to increase around the world, so do the number of investment activities surrounding cryptocurrencies keeps on rising. According to PitchBook Data, venture capital funds invested a record...