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.


Is Bytom (BTM) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

4 days ago 6 minute read CryptoBoomer $8.63 tipped

Many people say that cryptocurrencies need to be able to “interact” with real-world or physical assets before the world can take them seriously. There are some narratives out there that say blockchain is like a solution to problems that don’t exist...

What is Aeternity (AE) [A Comprehensive Guide to Understanding Aternity]

6 days ago 6 minute read Mr.CryptoWiki $7.14 tipped

Blockchain is an innovative new technology that can revolutionize the way enterprise businesses and governments do business. It’s been declared “an important breakthrough” by China's President Xi Jinping and is increasingly being legitimized througho...

Is IOST A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

1 week ago 7 minute read CryptoBoomer $7.08 tipped

In the era of decentralized applications (dApps) and smart contracts, everybody has been playing the same guessing game. They all want to know which blockchain platform would eventually become the winner and take the biggest pie from the market shar...

Websites Where You Can Buy Goods with Bitcoin & Crypto

50 minutes ago 3 minute read pheonixdown-dee $0.03 tipped

Online websites are allowing you to buy goods with bitcoin and other cryptocurrencies. Here we provide a sneak peak of some of the places where you can do that right now. The invention of Bitcoin paved the way for the creation of decentralised financ...

Enjin and Microsoft Team Up

1 hour ago 1 minute read Cryptos.com $0.07 tipped

It was recently announced that Enjin, the popular cryptocurrency gaming company has teamed up with Microsoft to offer some interesting crypto collectibles for doing ‘good work.’ The new initiative is called Azure Heroes and it is described as a “new...

Kraken, one of the oldest cryptocurrency exchanges in circulation, adds support to the Swiss franc

1 hour ago 1 minute read Roberto D. $0.05 tipped

That the world of cryptocurrency trade is in constant turmoil and constantly changing is something quite known, after all these platforms must constantly evolve if they want to keep up with the times; for a long time we thought that decentralized exc...

LIQUIDITEX, AN HIGH LIQUIDITY CRPTOCURRENCY EXCHANGE.

2 hours ago 3 minute read Sodaf $0.08 tipped

OVERVIEW OF LIQUIDITEX EXCHANGE Cryptocurrencies is known as virtual assets powered on decentralized network. It is becoming ppopularly recognized and globally accepted. Unlike fiat currency, , cryptocurrency is a digital kind of money that can't be...

Blockburn Free listing at LBank Exchange.

2 hours ago 1 minute read alberdioni8406 $0.01 tipped

The Blockburn Project is honored to be of  the nine projects that will be placed into a voting competition to be listed on the Exchange.  The Team Of LBank got impressed with the model of the deflationary BlockBurn BURN project and decided to place t...

Block.one's social media platform Voice will launch beta on February 14, 2020

5 hours ago 1 minute read Cryptofunda $0.26 tipped

On December 5, Voice officially stated that if the project goes smoothly, the team will launch a beta version on February 14, 2020. Officials say that, like most emerging technologies, Voice requires some serious development. The regulatory environm...

PreSearch (Decentralized Search Engine) [BestDapp]

5 hours ago 4 minute read Ivan KR $0.33 tipped

  The current model of web search is definitely broken. At first glance, you can search for everything for free, but in reality, you pay a high price. And you pay for it with your personal information. Actually, you might be stunned by how much data...

Socios.com/Chiliz

6 hours ago 1 minute read waybesuricata $0.46 tipped

Chiliz (CHZ), is the digital currency that empowers Socios.com fan interaction and rewarding application. The sports clubs that we are a partner and have the rights to the Fan Tokens: Juventus, PSG, Atletico Madrid, West Ham, AS Roma, OGesports and G...

Price analysis 6, Dec Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

6 hours ago 1 minute read haidernasir $0.01 tipped

Bitcoin, Ethereum, BCH and litcoin have lost more than 1% in their price, while XRP has gained almost 2% in their price. Here price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $7,356.67 with a loss of -0.520537% in its price in the p...

Ever Wondered What Your Hardware Wallet Inputs and Outputs?

6 hours ago 6 minute read Cobo Vault $1.33 tipped

In our article on whether hardware wallets should be open source, we explained why cold storage devices cannot benefit from open source development in the same way that more well-known projects are able to. Although open source code enables a kind of...