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.


ENS: The Next Big Thing in Crypto

15 May 2022 3 minute read 4 comments SamBTC

If you have been around in the crypto space for a while you would have noticed that the biggest gains are made if you are able to enter projects build around a new concept early in the game. Whether it is that alt coin that does a 100X, that DeFI pro...

Modern Economical Nonsense — The Treasury Problem

16 May 2022 5 minute read 0 comments xuanling11

Are you frustrated with unknown market conditions that brought down your profits? Come to learn about investment here with a 50% off discount.    When you join Finimize, you become part of something much bigger: a community of one million like-minde...

The End of the Stablecoin?

13 May 2022 4 minute read 1 comment xuanling11

Join BitDAO to earn a $BIT token here The market had crashed 🔥 midnight yesterday due to Luna's fever 🤕. Image credit: https://www.coindesk.com/markets/2022/05/12/terras-luna-has-dropped-997-in-under-a-week-thats-good-for-ust/   Stablecoin UST was...

PIVX Metrics - May 18th, 2022

15 hours ago 1 minute read 0 comments Mandacm

Adding a new blockchain to the metrics mix, a warm welcome to PIVX! Through my Cryptocurrency journey, I have been fortunate to meet several great people from the PIVX community, and I knew right away that I should add their metrics to the mix as wel...

🍞 Monday May 16 - 2022 🍞

17 May 2022 1 minute read 0 comments 🍞SurDegen🍞

🍞 Dear Diary 🍞  Today there was that volunteer work at DegenApeClub, it was same problem as many other buildings but they don’t know why yet, It´s that green gas coming up from the ground and it’s from under the houses so you can’t just dig down.  I...

14 May: Weekend Roundup

14 May 2022 3 minute read 2 comments TheCryptoCurator

“Be content to act, and leave the talking to others.”-Baltasar --NO TAX ON CRYPTO PROFITS!--  Happy Saturday Folks! As expected, the news cycle was driving by all the stuff going on with Terra's Blockchain and it's asset LUNA, it's unstablecoin $UST,...

Metaverse Weekly: Terra Luna Goes Effectively to Zero in Crypto's Largest Collapse in History

13 May 2022 3 minute read 6 comments Zacharias

Terra Luna, the protocol behind the TerraUSD (UST) and the LUNA token effectively collapsed after back to back trading sessions that saw its stablecoin UST lose its 1:1 peg with the dollar. The project is infamous for its use of the widely controvers...

Time to balance the portfolio...

15 May 2022 2 minute read 0 comments toofasteddie

I think it's time to balance my investment portfolio in crypto. It's something I do in times of recession and it has worked very well for me for the last 5 years. In principle, I have not become rich, for the moment (LoL), but it has helped me to hav...

Man BREAKS IN To Home To CONFRONT Luna Founder After Losing Over $2 Million in Coins Recent Collapse...

16 May 2022 1 minute read 0 comments The Global Crypto Press Association

[GlobalCryptoPress] A crypto investor was arrested today in Seoul, South Korea for trespassing at the residence of Do Kwon, the co-founder and CEO of Terraform Labs. The suspect, whose identity has been concealed, allegedly entered the apartment comp...

Tomorrow Conference Belgrade, the largest Metaverse meetup in Europe, Day 1

16 May 2022 1 minute read 0 comments LeftFooted

The Belexpocentar is located in an area of Belgrade that looks like it was developed yesterday. That's because it more or less was. You'll find it on the south-west side of a long and wide avenue that runs from the West Gate Tower to the river. Arou...