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.


Cryptopia - Your Funds Are Not Lost

24 Aug 2019 1 minute read 0 comments Medal182

The company itself has announced progress in securing and preserving exchange funds. A hacker victim in January, the exchange said on August 21 "it has made good progress towards securing and preserving Cryptopia's crypto properties for the benefit o...

DApp Data Review August 24

24 Aug 2019 1 minute read 0 comments razeiv

Citing data by DApp Review, as of 09:00 on August 24 (UTC), there are 1,896 ETH DApps, 586 EOS DApps, 547 TRON DApps, and 30 IOST DApps. 1. Top 3 ETH DApps by user volume in the past 24 hours are: My Crypto Heroes (2,618), SuperPlayer (1,020), and Pl...

dStorage - a single source of truth for your data. Very exciting AMA with the CEO of 0Chain

24 Aug 2019 1 minute read 1 comment Seed0c

Not many people realize that what 0Chain is bringing to the table is a game-changer for decentralized storage.  Check out this AMA with 0Chain CEO, Saswata Basu. Link to the AMA: https://twitter.com/i/broadcasts/1YqGodeqLgbJv You can also read the fu...

Facebook Libra Might Lose Some Of Its "Friends" As It Faces Regulation Issues

24 Aug 2019 1 minute read 0 comments CryptoChartWizard91

It seems that there is trouble in paradise as the confidence in Facebook's upcoming stable coin, Libra, starts to erode. Two of Libra’s early backers and founding members have already held some discussions about their “right next steps” to take in l...

Facebook Libra Project begins to run out of partners

24 Aug 2019 1 minute read 1 comment derwin25

  Facebook as a social media giant announced the launch of its cryptocurrency Libra, since then many companies announced their support for the cryptocurrency initiative, however, it is already starting to run out of some partners. Mark Zuckerberg, an...

Is it possible for family members to access your cryptocurrencies after your death?

24 Aug 2019 2 minute read 2 comments derwin25

  To access the cryptocurrencies it is necessary to have the secret keys that are only known to the user, after their death the tokens are considered lost. However, there are platforms that have developed solutions so that you can leave cryptocurrenc...

Interviewing The Founder Of Mix Jonathan Brown

24 Aug 2019 1 minute read 0 comments Scott Cunningham

I sat down with Jonathan Brown who is the CEO and Founder of Mix to discuss the blockchain and the social platform he has created on it. MIX Blockchain is a smart contract platform for decentralized content. It is fully public. It cannot be censored,...

Waves - Time to Buy or Sell?

24 Aug 2019 1 minute read 0 comments Medal182

The waves have had better days, but those who have waves in their wallet will never lose hope. On the other hand, some have given up on her. After this long downward journey, Waves was listed on the Kraken exchange in WAVES / USD, WAVES / EUR, WAVES...

How to Earn High Profits by Bounty Hunting?

23 Aug 2019 2 minute read 1 comment nejibens

Nowadays, earning some profit by bounty hunting is not an easy mission, because there are so many scams among the ICO/IEO projects, and you are risking to waste your valuable time and effort to get worthless tokens, or to get scammed after long weeks...

An Epic Live Event in Denver - Win Tickets

23 Aug 2019 1 minute read 0 comments Captain Fin

Part of our mission at Rondo is to support the sonic scene at grass roots level, from artists to event promoters within the music industry. It is important to create an ecosystem where a variety of stake holders can not only add value but get value...