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.


Bitcoin is really down now so is Altcoin's

13 May 2022 1 minute read 0 comments Spiritual Business Man

  Weekness in the crypto market. Massive volitilaty in this asset class.  No way of being in this asset class without being about to dodge the volatility. The bigger picture. Bitcoin adoption storey. So goes Ethereum and alt coins.  Bitcoin propertie...

I have to investigate further (Reminder to myself)

13 May 2022 2 minute read 1 comment ActualCryptoNews

Hey, I'm here again!Yes, the crazy dude who writes stuff on the internet!I know I repeat myself and for that reason, maybe this content is not for you, so don't forget to give me a tip  when you leave and thanks for the visit!Today I come "with the k...

Terra Falls Back To Earth

13 May 2022 1 minute read 0 comments hifi.crypto

Read now to learn how stability is most easily found in Bitcoin, not in crypto or in fiat. When I wrote earlier this week about how companies using Bitcoin as part of their investment strategy instead of as money is not ideal, I had no idea that the...

Take Cover and Snipe!

12 May 2022 4 minute read 0 comments bengy

Unsplash     Unsplash   Phew... what a rollercoaster couple of days, and I guess the worst of it is still to come as the secondary effects of the LUNA/UST cataclysm start to become known. Well, let us hope that there aren't too many crypto tr...

my crypto journey #91 | Profit $37,704 | Hex Earned 61,048 (Video Only)

17 May 2022 1 minute read 2 comments Sienzuf

How I earn passive income with Hex   I Staked 250,000+ Hex for 3 Years.  I will provide videos on my Hex Crypto Journey: Discuss the Hex Stake PulseChain Update Promotional stuff, Q&A or News *** Mobile APP *** If you are using a mobile device ch...

What's at stake in tonight's FA cup finals

14 May 2022 1 minute read 2 comments Eyesthewriter

Good day, my honorable readers. Tonight's match is definitely something to talk about mostly when two England rivals, Liverpool and Chelsea is involved. The FA Cup finals will be settled this evening with Chelsea and Liverpool battling it out, and th...

Installing the Nexus Bubble Plugin - No Code With Nexus

21 hours ago 1 minute read 0 comments Mandacm

This guide is a quick explanation of how to set up the Nexus Plugin in your Bubble application.   After setting up a new Bubble application, you will click on the Plugins tab on the left-hand side of your workspace.   Once in the Plugins tab, you wi...

Element (HYP): The Power is in your Decision

11 hours ago 2 minute read 0 comments Eddyc

Greetings Friends; I present to you the Element (HYP) project that brings to reality the POS (Proof of Stake) concept along with Crypto-city, a Social Media Platform for Crypto Enthusiasts/Projects that aims to spread and strengthen the crypto world...

What Is Ankr (ANKR) And How Does It Work?

16 May 2022 11 minute read 0 comments Tokenhell.com

If you have closely affiliated yourself with the crypto world, then you already know about the offers and services of that domain that are active at the moment and how people are approaching it rather positively than ever before. There was a time whe...

Short cryptonews for this week 19/52 (2022)

14 May 2022 1 minute read 0 comments Pasucaru

- Bitcoin dipped below $28k and ETH below $1900 before bouncing back from yearly lows. Top 100 Bitcoin Wallets Added 77,618 BTC ($2,420,000,000). - TERRA (LUNA) bankruptcy : UST is an algorithmic stablecoin, backed not by its LUNA token, but by deman...