Blockchain

39,044 Articles 299 Followers

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.


Approaching the next bull run

17 Jan 2020 1 minute read 0 comments AbrahamCrypto

Ever since the highs of 2017 everyone and his mother has been waiting for the next bull run to arrive. Self proclaimed crypto experts did not waste any time to put out their predictions. And ever since China, namely president Xi Jinping, came out and...

100 Followers! Thank you!

17 Jan 2020 1 minute read 0 comments Treeπ

Hey, thanks! This is just an appreciation post for my 100th follower! Hopefully more to come! Be sure to check out my latest posts, upvote, and follow me! I have a new post coming tonight about trading strategy! Stay tuned! I also have some video con...

The Value of Music in the Future

17 Jan 2020 1 minute read 0 comments antibiOTTICs

Streaming has caused music to lose value massively. By this I don't mean that I don't like Internet users to enjoy music for free or very cheap via YouTube or streaming services. But I do see a problem with the rating of music. An example: When a new...

Cartesi Team Update: New Year!

17 Jan 2020 3 minute read 0 comments Cartesi

Happy New Year from the CARTESI Team! For the first time ever, a layer-2 system will be able to run a real operating system on top of blockchain. This New Year, Cartesi has emerged from stealth mode to share this exciting news. Ethereum was a pioneer...

Is Cryptocurrency found in the Bible?

17 Jan 2020 2 minute read 14 comments circuitops

Bible is described as how GOD has a plan on us, from all the humanity and our Earth from beginning to end. As proof, bible researchers have agreed that the Bible is complete and can answer all of our questions and to prove that the bible is true to i...

Content Creation: A New Model for all!

17 Jan 2020 2 minute read 0 comments bitsavage

  Ever since the transition from 35mm film to digital content the “Pandora’s BOX” of consumable content has been peeled wide open. Platforms like MySpace, Facebook, YouTube and LinkedIN have all taken a unique approach to allow seamless connectivity...

Crypto Income #5 VeChain

17 Jan 2020 1 minute read 1 comment knohen

Hello again in my Crypto Income series. This time I will take a closer look at a crypto platform again. This is a project I almost forgot about, because at some point I haven’t gotten much more information about it, so I thought that this will be ano...

Video: The Progression Of Cryptocurrency

17 Jan 2020 1 minute read 2 comments G4G Crypto Training

How Close Are We To Mass Adoption And Crypto Going Mainstream?    In this video, Justin will help you understand the broad overview of how crypto and blockchain needs to advance in order to be used in everyday life. From the perspective of the: Inves...

Weekly Report 2020 January #3

17 Jan 2020 3 minute read 0 comments v.systems

In this weekly report (3rd Week of January 2020): Huobi Pool has commenced a double airdrop event to reward all the VSYS users that stake with them.Tachyon Protocol official site has been upgraded. You can now download the Alpha Version Of Tachyon VP...

CHAI: An Interest Bearing Meta-Stablecoin (Dai + Interest + Spendable + Gasless)

17 Jan 2020 4 minute read 8 comments rhyzom

CHAI is an ERC-20 which wraps DAI + Maker's Dai Savings Rate (DSR). DSR is a newly added feature that came with Multi-Collateral Dai (MCD) and constitutes a mechanism for the Maker DAO to have some control on the demand side of the supply and demand...