Blockchain News, Opinions and Analyses created by users.

Blockchain

30,835 Articles 244 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.


UMA + Harvest Creativity Contest

21 Jun 2021 1 minute read 4 comments Farmer Chad

To celebrate the latest collaboration between UMA + Harvest.Finance — the launch of fCASH — we are kicking off a little creativity contest for defi fans to participate in.   The theme is Super[h]UMAn Farmers. Think farmers with amazing superpowers, c...

Platforms You Need To Be Utilizing When Crypto Dumps!

22 Jun 2021 3 minute read 4 comments Sapphire

A Guarantee That Markets Will Always Dump I know that a lot of news outlets like to exaggerate bearish trends within the Crypto space, while choose to be moderately silent when it comes to housing bubbles and other market crashes. The reality is that...

Altseason, Coin Maximalists, & FUD With Nicole Grinstead

22 Jun 2021 1 minute read 1 comment Scott Cunningham

I had the opportunity to chat with Nicole Grinstead aka @NrdGrl007 about altseason, crypto maximalists, energy FUD, living the unbanked life, and how you can do it too with crypto. These are some of the questions we went over: Can you tell us a lit...

Cardano’s First DAPP Will Come With Subscription Management, DeFi & NFT

21 Jun 2021 2 minute read 4 comments paragism

The growth strategy for business has dynamically changed in the last decade. Nowadays, all businesses are focusing on generating subscription for their services as the success formula depends on maintaining relationships with customers. The top globa...

Everything About Kusama Crowdloan Parachain Auctions

22 Jun 2021 4 minute read 1 comment GetBlock

This week marks the beginning of the first-ever Kusama parachain auction. This is a very important milestone for the whole Kusama and Polkadot ecosystem, as only with the addition of parachains will these networks be fully functional. The network arc...

Dejà Who? China and the Year of the Bitcoin Bear

21 hours ago 5 minute read 4 comments the.hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts and my cryptocurrency blog to learn more about this fascinating new technology! Bitcoin is a force to be rec...

Blockholm Syndrome - Finally Explaining Why We Keep Playing Terrible Blockchain Games

21 Jun 2021 6 minute read 48 comments PopPopPrego

In the 1970s, pretty much everything became a cult. I don't know what it was about that time...maybe fears of nuclear annihilation, maybe too much heroin, maybe too many leisure suits...we may never know. But literally everything became a cult. Here...

Time to Panic or Opportunity of a Lifetime?

22 Jun 2021 2 minute read 10 comments The Lynx

I am actually excited about the current status of cryptocurrencies. Unlike a lot of people that are driven by fear or greed, I am driven by big pictures and long-term trends. I read blogs by experienced traders. What many of them are saying (and what...

Time to take notice of Cosmos as one of the top Blockchain Platforms of today

22 Jun 2021 2 minute read 5 comments Greenchic

 The Cosmos Blockchain is now whole and complete with interoperability now enabled     Cosmos Blockchain this year developed to become a whole complete chain that’s not just scalable but interoperable as well. The chain that already has hundreds of...

Ethereum (and ETH) in perspective

15 hours ago 7 minute read 1 comment Bit Brain

Now that the heated market has cooled somewhat, perhaps it is a good time for me to have a little heart-to-heart with the Ethereum crowd. Let’s begin with some background before taking a look at the current situation: I hold ETH. I have done so for y...