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.


Terra (LUNA): is there life after death?

19 May 2022 2 minute read 0 comments Stormgain

Last week, we discussed the dramatic demise of the Terra blockchain, which, until as recently as April, was among the Top 10 with a market cap of $40 billion. The network was unable to maintain the exchange rate of its algorithmic stablecoin, UST, wh...

Top 4 Wallets For Staking Cryptocurrencies In 2022

24 May 2022 3 minute read 1 comment magneticart

Staking bitcoin coins is becoming increasingly popular among cryptocurrency investors. One of the reasons for this is that it allows holders to earn money while they sleep. In the midst of stacking pools and wallets, more and more exchanges are joini...

Solmerians NFT Announces its Alpha Mint and Upcoming NFT Innovation

24 May 2022 1 minute read 0 comments Denis Lukavačkić

Solmerians NFT Announces its Alpha Mint and Upcoming NFT Innovation Solmerians NFT proudly introduces itself as the first-ever NFT project providing customizable NFT collectibles that operate under a play-to-earn mechanism. Amidst the digital world'...

Terra's collapse causes crisis for Avalanche

2 hours ago 1 minute read 0 comments Stormgain

The collapse of Terra's UST project, which was the third-largest stablecoin by market cap, has cast a shadow over the entire decentralised finance sector. Over the last 30 days, cross-chain bridges lost 20% of their capitalisation, while the total lo...

Booked some profits on DEC

15 hours ago 1 minute read 0 comments Bala

The price of DEC has reduced lately but I realized that even in this bear market, the price of DEC is more than the soft peg value of 1$ per 1000 tokens. I wanted to make use of this opportunity and sell some DEC. I receive close to 60k DEC ever...

🍞 Wednesday April 20 - 2022 🍞 @Genft Watches

23 May 2022 1 minute read 0 comments 🍞SurDegen🍞

🍞 Dear Diary 🍞 What could be more correct than waking up and make some new fresh baked bread day of honour.  I have not missed the bus, not one day this week. But it feels kind of odd to have a diamond watch at work. I have been looking for a not so...

How to Spot Long-Term Winners in Crypto: 3 Examples

11 Jun 2021 6 minute read 41 comments Brawnd0

First off, you have to be mindful of 3 things: Great minds are consistent at their craft.  Great minds are recognized by other great minds.  Sooner or later, great minds attract capital, and those who recognize them early get rewarded. In this arti...

Should I Buy Internet Computer Protocol (Icp) at this Price

19 May 2022 1 minute read 2 comments Bitcoin Renegade

Should I Buy Internet Computer Protocol (Icp) at this Price? This is the very question that makes me sleep well at night. I know that getting into a web 3 Layer 1 Blockchain at this price is a genius move on my part and after the Bitcoin integration...

How COS.TV change my mind & world

21 May 2022 1 minute read 0 comments Myth

I found this video platform in 2020 I was running away from YouTube by losing the right to my videos due to copyright or because the privacy policy didn't like it. I think it was triggered when I uploaded a video from Snaptube, an app for downloading...

Panther Quant is now backed by Sheesha Finance — DeFi’s first ever mutual fund!

23 May 2022 2 minute read 0 comments Panther Quant

  Panther Quant x Sheesha Finance . We are super thrilled to announce our newest collaboration with Sheesha Finance : The first Mutual Fund of the DeFi world! About Sheesha Finance Sheesha Finance is a multichain venture capital accelerator...