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.


Transcendence blockchain roadmap — New view on crypto roadmaps

23 Dec 2019 1 minute read 0 comments Teloscoin

A roadmap is a strategic plan that defines a goal and includes the major steps and milestones needed to reach it. It also displays comprehensive plans of one cryptocurrency project for future growth in all their stages and predict completion date ran...

These are the BestDApp Writing Contest Winners: Announcement

23 Dec 2019 3 minute read 16 comments igort

Happy Winter Holidays! I hope you enjoy them. :) This post will be short and sweet - here are the winners of the BestDApp Writing Contest, the 4th writing contest on Publish0x with the biggest prize pool yet. The prize pool is $400 in Basic Attention...

French Financial Watchdog AMF Approves An ICO For The First Time

23 Dec 2019 3 minute read 0 comments Cryptos.com

The AMF (Autorité des Marchés Financiers) financial regulator of France has announced via its official website, that the first-ever initial coin offering, commonly known as ICO, would be granted what they call a ‘visa’ for token issuers who request a...

Top 5 Best Performing Cryptocurrencies in 2019

23 Dec 2019 4 minute read 1 comment ChangeNOW

Those who have been around for awhile must remember what the end of 2017 and the beginning of 2018 were like. Every single day a new coin would start its mission to the moon and everyone would jump on the bandwagon. As little as a tweet from McAfee w...

AMD joins Blockchain Gaming Alliance and ULTRA

23 Dec 2019 1 minute read 0 comments dyhudyh

AMD is the first major hardware manufacturer to join Blockchain Gaming Alliance. It was founded last year to promote the use of Blockchain technology throughout the gaming industry. AMD's goal is to provide alliance members, including Ubisfot, with e...

INTRODUCING NEW WAYS TO MAKE MONEY ON INTERNET THROUGH NETBOX.BROWSER PLATFORM 

23 Dec 2019 4 minute read 0 comments Sodaf

PRESENTATION Hello, crypto lovers, today am going to talk at length about Netbox.Global and the amazing products and services it has to offer the global users.First among their product is Netbox.browser which is world-first decentralized blockcha...

Get Yourself A Copy!!! 2020 NugPorn Book Submissions End Today!!! It's Not Too Late!!!

23 Dec 2019 1 minute read 0 comments d00k13

  Get Yourself A Copy!!!     So having just opened my package from much earlier this year and loving the #NugPorn Book then going and investigating how to participate as I did notice the Submission Post but failed to follow up on it 🤦‍♂️ I real...

New year, new theft: hacked NULS, stolen from the network half a million dollars

23 Dec 2019 2 minute read 0 comments Roberto D.

2019 was characterized by cryptocurrency millionaire thefts, most of the time exchanges were punctured, but there are also cases where blockchains have been punctured thanks to vulnerabilities that had gone unnoticed; if you thought that the theft ch...

BitGo Wallet to Stop Bitcoin SV Support #451

23 Dec 2019 1 minute read 0 comments Gary Leland the Bitcoin Boomer

The BitGo wallet has warned it will not support the Genesis hard fork for Bitcoin SV, as it will not be able to receive funds.  BitGo explained that the reason for the discrepancy is the decision of Bitcoin SV to take up a new consensus protocol. VI...

C&C #12 - Prospector Game on the Wax Blockchain

23 Dec 2019 1 minute read 0 comments Chesatochi

Now you have a great chance to discover a great potential blockchain that we call WAX. The popular game Prospectors move recently from EOS to WAX.You can join the game under my affiliate link: https://prospectors.io?waxref=rhyas.wam●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...