Blockchain

2,293 Articles 6 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.


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

2 days ago 9 minute read @cryptomandate $5.52 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...

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

1 week ago 1 minute read Da_Sound $5.15 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...

A Quick Review Of Theta Project

2 days ago 5 minute read Rumi $4.39 tipped

Overview Theta Network іѕ trying tо build а decentralized video streaming platform, that aims tо revolutionize the wау video content іѕ distributed асrоѕѕ the Internet bу tаking advantage оf the decentralized nature оf blockchain technology. Users...

International revenue service sends warning letters: Shake the crypto owners to their core

19 minutes ago 1 minute read Anushree Goswami $0.01 tipped

International revenue service which is located in the united states has started sending certain warning letters to the owners of crypto-currency. The subject matter of such letters demand the cleaning of the debts from the insolvent owners and pay t...

Austrian telecommunications giant starting to accept cryptocurrency

2 hours ago 1 minute read CryptoArgha $0.09 tipped

Worlds one of the largest telecommunications giant A1 planning to Accept Cryptocurrency for their platform Austria based telecommunications giant A1 announced they are currently testing their cryptocurrency based wallet for different merchants and St...

Cryptocurrencies, an affordable reality for everyone.

4 hours ago 1 minute read derwin25 $0.09 tipped

  The financial sector has been challenged in recent years significantly. Given the easy access to the internet, it is increasingly common to express disagreement regarding the traditional services of this industry. Events such as the financial crisi...

Israeli businessmen create Libracamp, the first technology incubator for Libra

7 hours ago 3 minute read MonoBlack $0.05 tipped

Although it does not have the official support of Facebook, managers say they have communication with Libra and Calibra teams.   --- Within the framework of the announcements made by Facebook for the launch of its new cryptocurrency and taking advant...

Elrond Network — ecosystem of the future…

7 hours ago 3 minute read plachpalach (Andrew Cherkasov) $0.05 tipped

For the Elrond team, which consists of very talented specialists in the field of blockchain technology, the main goal was to create a network that can work stably under heavy loads and at high speed. They have made steady progress towards this goal a...

Venezuela's largest retail chain Traki partners with PundiX to bring Venezuela the first physical cryptocurrency point of sale

9 hours ago 4 minute read MonoBlack $0.02 tipped

The largest department store Venezuela made an alliance with the Indonesian blockchain firm PundiX to bring the first physical point of sale to the Caribbean country with which it can be paid with cryptocurrencies. The device in the form of a cell ph...

Parachute Weekly Update: Launch of BOMBX, Parachute + BOMBX partnership, Crypto Lifestyle Interview, AXPR on Binance Dex... – 12 Jul - 18 Jul'19

10 hours ago 5 minute read Abhijoy Sarkar $0.37 tipped

Hiya folks! This was one of the most eventful weeks in recent Parachute history. Strap onto your seatbelts. Here we go!   Cap announced the start of a new journey with BOMB’s latest venture, BOMBX (more on that later). In short, new groups will get t...

Here's Why You Should Switch to Brave Browser

11 hours ago 2 minute read belemo $0.00 tipped

Good evening ladies and Gentlemen welcome to today’s broadcast of the match between Chromium, a clone of Google Chrome and Brave, the silent giant.  I’ll be your commentator, giving you live text coverage of the match. The referee for today is a Rand...

Vitalik Buterin shared details about the improvements that would come to the Ethereum network

12 hours ago 2 minute read MonoBlack $0.02 tipped

The developer said the network must overcome the congestion problems it currently faces, as this will help reduce the costs of operations and boost operations through changes in the scheme of operation of the Ethereum Blockchain. --- Vitalik Buterin,...

Gossip Coin

12 hours ago 2 minute read SatoshiStacker $0.01 tipped

Gossip Coin is a peer-to-peer decentralized cryptocurrency and has an infinite coin supply. The coin’s ticker is GOSS and it is a Masternode Coin. So what is a GOSSIP Masternode, and is it worth it? If you lack time or knowledge to keep track of all...