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.


The works that will appear with the development of the Metaverses

9 hours ago 2 minute read 0 comments Tirria

Until now, the metaverses have only sought profiles as developers or specialist engineers to build the technical part of these worlds. Now that the technical part is up and running, other profiles are being sought, some as varied as "tour guides" an...

Panther Quant NFT Whitelist Announcement!

25 May 2022 1 minute read 0 comments Panther Quant

Panther Quant NFT Whitelist Announcement! Panther Quant Genesis NFT whitelisting process is finally out!! 🚀Thrilled to announce the ‘Allow-List’ #Giveaways for Genesis #NFT Limited Edition Life-Time Access Card!The Panther Quant Genesis NFT Allow li...

While LUNA and TERRA are dying Polygon and Fantom courting TERRA projects

17 May 2022 2 minute read 0 comments Patch

The future for the TERRA Blockchain is uncertain at best. And will be for at least a few more days. The vote for the proposals is to be held on May 18th from what I understand. Where all LUNA holders get to vote on the future of the Blockchain. In th...

Birthday Of Liquidifty Platform: A Year We Are Proud Of!

25 May 2022 3 minute read 1 comment Liquidifty.io

Hooray, 21st of May is Liquidifty birthday! It was a breakout year for our platform — we went multi-chain, launched IDO Launchpad, expanded the team and community, held many activities and sales with the most promising NFT projects, found new partner...

Tron Overtakes Avalanche and Solana To Enter The Top-3 Blockchain By TVL

24 May 2022 2 minute read 1 comment Cryptopeach

Tron is making huge movements since the launch of its algorithmic stablecoin USDD. Although it's an unpopular topic right now due to the crash of LUNA and UST, Tron is climbing the ladder with this launch. Launched on the 5th of May, USDD is now avai...

What is an NFT?

5 hours ago 2 minute read 0 comments Mark Anstead

From the earliest examples, engraved shells to the current crypto art craze, art has been a part of our society for millenia. Transcending age, race, and religion, everybody creates their own art forms at some point in their life. At the core of it i...

A Quicker Read Than a Stellar Transaction

25 May 2022 1 minute read 0 comments DeeCentralized

There are many faults in the current centralized financial systems we have in place in our society. Transactions are painstakingly slow, have significant costs, and even valid transactions can be denied. Couple this with fraud, check holds, lack of a...

Booked some profits on DEC

24 May 2022 1 minute read 0 comments Bala

The price of DEC has reduced lately but I realized that even in this bear market, the price of DEC is more than the soft peg value of 1$ per 1000 tokens. I wanted to make use of this opportunity and sell some DEC. I receive close to 60k DEC ever...

Cryptocurrency Loans Without Collateral. Are they possible on Binance?

24 May 2022 4 minute read 0 comments magicrypto

You have surely heard about cryptocurrency loans. After all, the possibility to borrow money using digital assets is offered, for example, by the largest cryptocurrency exchange in the world - Binance. But perhaps you were wondering if it is possible...

When Economic Reality is Twisted

24 May 2022 2 minute read 0 comments The Watchman

Anyone paying attention to global economic markets and the global supply chain crisis mixed with Economic War, between the top two economic powers can see that the world is under substantial stress. Mix in global economic stagflation and we have a wo...