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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.

it is very unlikely that the cryptocurrency crash will reduce its impact on the climate.

10 hours ago 3 minute read 0 comments godzilla880

The crypto crash will not reduce the sector’s climate impact any time soon, an economist has warned, even though the environmental footprint of digital currencies is in theory set by their market value. “Unless bitcoin collapses further, there’s no r...

Changed My Mind About — from OK to TERRIBLE

15 May 2022 2 minute read 8 comments Drake Flyer

I loved I loved their credit card. I loved their staking rewards. I loved their exchange. Now the love is gone, all I feel is disappointment and anger. The Story Behind It I’m active in the crypto world for two years. I didn’t get rich...

Crypto: Fear and Greed index lowest since the Covid!

11 hours ago 2 minute read 0 comments godzilla880

The crypto market is scared. Yesterday, the crypto index "Fear and Greed" even fell to its lowest since the covid crisis: 8 / 100. Marking in passing, its fourth lowest point since 2018. If the indicator is back up today to 12, it raises the question...

The internet layer for decentralize the web from SYNTROPY is getting more robust

14 May 2022 1 minute read 0 comments Cryptoray

I'm Ambassador from Syntropy and you can DM on telegram after join the official Spanish group chat on   In the latest release of Syntropy Stack the team has been adapting the product to better align with upcoming featur...

Crypto VC Thoughts: GameFi Dilemma

14 minutes ago 4 minute read 0 comments xuanling11

Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5! The cu...

ZCash shoots up 37% ahead of major update

22 hours ago 1 minute read 0 comments Stormgain

This year saw a huge upsurge in demand for anonymous coins that enable users to hide both their identity and the transaction amount. ZCash is the second-biggest confidential network by market cap with $1.4 billion. On 11 May, the project's developers...

Balancer Protocol: 10 Things I Wish I'd Known Earlier

18 May 2022 2 minute read 0 comments Ayan Sinha

Nowadays, with the rush over the cryptocurrency space, it is common for anyone to make mistakes. Everyone makes mistakes, and we tend to learn from them. Today, my focus will be on balancer protocol and some things I wish I'd known before pulling my...

16 May: Terra Maintains Its Grip On The Markets

16 May 2022 9 minute read 7 comments TheCryptoCurator

“Success is the progressive realization of predetermined, worthwhile, personal goals.”-Paul J. Meyer --NO TAX ON CRYPTO PROFITS!-- AN OPEN LETTER TO A BITCOIN-DOUBTING FRIEND ON WALL STREET Happy Monday Folks. The big stories to watch are getting lo...

Goldman Sachs Partners With Barclays To Invest In UK-based Crypto Firm, Elwood

17 May 2022 2 minute read 0 comments

Two of the world’s largest banking institutions, Goldman Sachs and Barclays, have teamed up to invest in one of the U.K’s most promising crypto platforms, Elwood, as part of their expansion into digital financial products and services. According to t...

Thanks To Luna I’m Broke

16 May 2022 1 minute read 8 comments fmonkeyrock

I made a mistake and I admit it. This investment didn’t work out, all my other projects are at a lost too.  Many peoples life saving has been wiped out and the Terra Luna team is not communicating to the community. We have lost hope. In Two days my r...