Blockchain News, Opinions and Analyses created by users.

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.


There's Nothing Wrong With Bitcoin at $57,000, But There's Plenty Going The Wrong Direction In The World Right Now

23 Nov 2021 2 minute read 1 comment acesontop

When I see all these pussy crypto heads whining about BTC correcting and calling for a bear market, I'm thinking of the Turks tbh. How's the middle class, or even worse the lower class working man living in Turkey, feeling right now... I bet not so g...

CBDCs appeal more to governments than proper cryptocurrencies.

24 Nov 2021 2 minute read 5 comments Dzoelx

Source For a moment I thought; “that move by El Salvador was supposed to trigger an era of national cryptocurrency adoption”. Well, it was actually too early to say that. National governments will have a very hard time accepting cryptocurrency in it...

Gold Fever $NGL Token Ported to Binance Smart Chain via ChainPort

25 Nov 2021 1 minute read 3 comments Melusine

  By Maximiliano Stochyk Duarte   TL;DR; Gold Fever token NGL is now available on Binance Smart Chain NGL is now part of ChainPort’s ecosystem, enjoying full interoperability with cross-chain capabilities within clicks ChainPort.io provides an easy...

Use Solana, Save The Plant: A New Green Hero Arrives!

28 Nov 2021 1 minute read 0 comments That Blockchain Thing

It’s been a pretty big year for Solana. A 10570% increase in price for year to date, a thriving NFT ecosystem and a current top 5 spot in the Crypto charts. Not bad, right? But, it gets even better for the Sol crew. In the latest SOL energy use repor...

Chiliz (CHZ) Overview, TA, and Forecast

27 Nov 2021 2 minute read 1 comment Shane Wahl

This is the second article in a series featuring particular cryptocurrencies and tokens that I find compelling for one or more reasons (ingenious innovation, novel and/or efficient utility, a motivation/statement of purpose I admire, fun value, or th...

ANOMUS Private Round Closes With Uber-Subscribed Sales

22 Nov 2021 1 minute read 0 comments Publish0x PRs

IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last few months. Today Anomus is announcing the closure of its private sale round with a very successful and promising oversubscriptio...

How to Register on ByBit Symbiosis Launchpad

26 Nov 2021 1 minute read 0 comments Symbiosis Finance

This guide was kindly provided by our community member. Thanks! Hello, I am an active community user of Symbiosis. I got so many questions about the ByBit launchpad. Not everybody knows how to participate in it. Today I will tell you how to do it. F...

DeFi Users Suffering... Billions Lost in Hacks and Fraud

22 Nov 2021 3 minute read 4 comments Cje95

Like one would expect as an application grows in popularity and attracts more funding issues that typically would not be a problem rapidly become a problem. DeFi is a huge example of this as honestly how many people knew about DeFi two years ago? Two...

Differences Between Hyperledger and Ethereum

26 Nov 2021 2 minute read 1 comment BlockchainX

What is Ethereum? Before demystifying what stands out in the battle for supremacy between Hyperledger and Ethereum, it would be better to try to understand what the three distributed accounting technologies represent. Created by Vitalik Buterin, Et...

Elrond: Deep-Dive Into The Blockchain Technology

28 Nov 2021 4 minute read 1 comment Gaupa Labs

In this post we want to take you on a deep dive into the technology behind the Elrond network. First of all, a broad overview on Elrond will be given which illustrates why this is a highly interesting project. Then the actual implementation of the in...