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.


I Hesitated To Switch To Brave For 2 Years Until I Realized It Works Just Like Chrome, but is 3x Faster, no Ads and Can Use All Chrome's Extensions

1 week ago 4 minute read Ra.Tomps $9.17 tipped

I have known about the Brave browser for a pretty long time now. I have been within the space since early 2017 and have managed to be able to see just a couple of up and down swings during my short time here. Back in October 2017, I had invested a fe...

Cardano is on a Hiring Spree - A Sign that Gives Me More Confidence in the Project

5 days ago 1 minute read Da_Sound $5.47 tipped

Cardano is a project that has high approval among the cryptocommunity, and even in polls has been shown to have the highest positive sentiment among the many projects in the market. Cardano is building a next generation blockchain platform that is sc...

The story of why Bitcoin and Ethereum forked; and why EOS can't.

1 day ago 9 minute read @cryptomandate $5.23 tipped

A time not long ago The year is 2009, and just as the year was starting Bitcoin is born on 3 January. Its inventor Satoshi Nakamoto mines the first block containing a reward of 50 bitcoins. This genesis block had a message embedded on it reading 'The...

The millionaire E-sport team Splyce, Partnered with Globatalent? Sports love Crypto.

45 minutes ago 1 minute read Globatalent $0.00 tipped

  Who is Splyce? Splyce team is a World class E-sports team organization in North America. #OnTheHunt On early October 2015 they get almost £625,000 ($1 million) with their Team Manager Daniel Vorborg. Splyce won the Call of Duty World League Stage 1...

A Quick Review Of Elastos Project

2 hours ago 3 minute read Rumi $0.03 tipped

Elastos aims tо create а nеw kind оf internet, powered bу blockchain.” Thіѕ nеw internet wіll bе called the “Elastos Smart Web” оr the “internet оf wealth. Overview Thе objective оf Elastos іѕ tо create аn internet іn which the users wіll nоt nееd...

A Quick Review Of Kyber Network

4 hours ago 4 minute read Rumi $0.05 tipped

Overview Kyber Network іѕ а decentralized platform fоr converting and exchanging digital assets. Bеѕіdеѕ іtѕ decentralized exchange platform,  the project аlѕо offers payment APIs and а contract wallet, which аllоwѕ users tо receive and process pay...

Analysis Of Blockchain Music Platforms – Emanate

4 hours ago 6 minute read JungleOnion $2.18 tipped

Continuing the series about blockchain based music platforms, today I'm going to talk about Emanate. This is a very promising platform that I'm excited to tell you about and even though it hasn't been released yet, there's already an alpha version re...

Unibright - 19th of August 2019 - Follow ups, regulators, tokenization, partnerships & clients

4 hours ago 1 minute read Dan $0.21 tipped

The Unibright CTO Stefan Schmidt aims to post an update each week in the official Unibright telegram to keep the community informed. Here is this week's update: 19th of August 2019 - Follow ups, regulators, tokenization, partnerships & clientshtt...

A Quick Review Of Holochain Project

4 hours ago 2 minute read Rumi $0.09 tipped

What Iѕ Holochain? Holochain іѕ a framework fоr distributed applications. Yоu саn think оf іt аѕ а mоrе general type оf blockchain. Inѕtеаd оf being data-centric, lіkе traditional blockchains, Holochain takes аn agent-centric approach. Thіѕ architec...

How Content Delivery Networks (CDNs) Can Utilize DLT to Disrupt the Internet

5 hours ago 3 minute read Vasilios Filip $0.23 tipped

Content delivery network or CDN is a term used to describe a geographically distributed group of servers which work together to provide fast delivery of Internet content. As the world becomes ever more digital, the demand for faster online processing...

A Quick Review Of Lisk Project

5 hours ago 4 minute read Rumi $3.21 tipped

What Iѕ Lisk? Lisk іѕ а sidechain development platform which mаkеѕ іt easy fоr developers tо build and deploy decentralized applications іn Javascript. Onе оf the biggest struggles іn the industry іѕ getting developers uр tо speed оn building bloc...

Satoshi Nakamoto to Reveal His True Identity Part 2

5 hours ago 2 minute read aschatria $1.06 tipped

Satoshi Nakamoto supposedly was about to Reveal His True Identity on 18th August 2019 4PM Eastern time, but the things went completely other way. No, he did not give up, he just postpone it. We will have to wait three days to get to know who this is...

This Bitcoin-based DeFi project takes its services to Latin America

6 hours ago 6 minute read MonoBlack $0.02 tipped

The co-founder of the company plans to have 10,000 users by December 2019. They offer loans in BTC in Mexico, Venezuela, Colombia, Argentina, Panama, Peru and Costa Rica.   One of the main objectives of Bitcoin is to decentralize finances, allowing b...