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 Ethereum (ETH) a Good Investment? In-depth Analysis and Near to Longer-Term Expectations

3 days ago 11 minute read CryptoBoomer $9.62 tipped

There are now thousands of cryptocurrencies to invest in, and with so many to choose from, it can be difficult to make a decision. To make matters worse, it’s commonly said that 99 percent of cryptos are doomed to fail and will eventually become wort...

What is GXChain (GXC)? [A Comprehensive Guide to Understanding GXChain]

1 week ago 6 minute read Mr.CryptoWiki $7.76 tipped

Within the past decade, the internet has rapidly developed and now plays an integral part in our everyday lives. We use it for connecting with friends, playing games, listening to music, watching movies, shopping online, banking, applying for jobs, e...

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

3 days ago 8 minute read CryptoBoomer $7.53 tipped

Blockchain world has been struggling to keep up with scalability solutions for a long time. The most popular blockchain networks, Bitcoin and Ethereum, have been accused of being “slow” and not scalable enough to support mainstream financial transac...

Reasons why Prospectors is one of the BestDApp in the Blockchain today?

34 minutes ago 2 minute read derwin25 $0.03 tipped

  Today there is a large number of Cryptocurrencies in an innovative struggle to determine which is the best in terms of Smart Contracts and Dapp of the moment. In my opinion All Dapp are of great importance for the development and maturity of these...

Bottle Pay Going to Close or Shut Down It's Services From 31th Dec 2019

3 hours ago 1 minute read HowToVids $0.22 tipped

Businesses always try to grow with time and enhance their services. It's also necessary to make a company or business compatible with local and international laws to continue its services. But its sometimes difficult or not possible for the company t...

Unibright featured in Forbes.com article

3 hours ago 1 minute read Dan $0.06 tipped

The recent news about the Unibright framework and DAML integrations has been featured in a Forbes.com article. Article Link https://www.forbes.com/sites/biserdimitrov/2019/12/05/how-walmart-and-others-are-riding-a-blockchain-wave-to-supply-chain-pa...

Ripple increasingly protagonist in the remittance market, a new partnership with SendFriend

4 hours ago 1 minute read Roberto D. $0.09 tipped

After having established strategic partnerships of crucial importance with leading players in the money transfer market such as RIA and MoneyGram (in the latter case with the acquisition of shares for 50 million dollars), ripple signs a new collabora...

Let’s Take A Look At The Platform Flote

4 hours ago 2 minute read Scottcbusiness.eth $0.11 tipped

Let’s take a look at Flote which is a community-driven social network focused on user privacy & monetization. It has no algorithms, no spying, no fees, and no problems. This is an awesome crypto-enabled alternative to the likes of Patreon offering th...

Crypto Cowboys are Real! Wyoming rides ahead of the pack in the US. Real Progress, Real Jobs.

5 hours ago 2 minute read thunderboltkid $0.10 tipped

"Oh give me a home where the cryptos can roam, free to grow and bring jobs with great ease"  sung to an old Cowboy Radio tune ;) No kidding around, #Wyoming is "Dead Serious" about booting up as the friendliest crypto state in the "Union". Looking t...

Bitcoin Vs Litecoin: is the prodigal son really better?

5 hours ago 4 minute read MadMaxx $0.06 tipped

This post took quite some time and effort to put together. I'd love a tip and follow to encourage my work. Cheers! I love crypto fights. When one tries to outdo the other. And today's fight is : LTC Vs BTC. So similar. Yet so different. With one born...

A QUESTION FROM THE PUBLISHOX FAMILY? I'D LIKE TO SEE THE ANSWERS AS COMMENTS.

7 hours ago 1 minute read kripto sedat $0.02 tipped

  A QUESTION FROM THE PUBLISHOX FAMILY?I'D LIKE TO SEE THE ANSWERS AS COMMENTS Let's look at a different sharing I'm doing more :D In my previous share a stock market, B stock market, such as I had a share. In fact the subjects are different but can...

TA MASTER 14.12.2019 Daily Bitcoin chart review.

10 hours ago 1 minute read kripto sedat $0.07 tipped

  Daily Bitcoin chart review The bull trap only managed to reach ~ 7300. Moving side by side for the next 12 hours, BTC completely lost all volume, resulting in the initial relativistic small cast providing 7150 supports per hour. Now the 7200 is ac...

Sweden signs a partnership with Accenture for the launch of a state cryptocurrency

10 hours ago 1 minute read Roberto D. $0.05 tipped

The news was given yesterday by Reuters, according to reports by the news agency the Swedish central bank is planning to launch a pilot platform preparatory to the issuance of a digital currency that should take the name of e-krona; the platform will...