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.


Introduction: My Story and outlook on cryptocurrencies.

9 Aug 2019 2 minute read 6 comments @cryptomandate

Hi, guys!   This is my first post on this platform and I'm very excited to be a part of this community. I was previously a blogger over on Steemit for 2 years and stopped using it this year because of the negative changes I was witnessing like whale...

Using Blockchain for your project? think again

9 Aug 2019 1 minute read 7 comments Emad

I love Blockchain, I have been its early adopter in my business and I love the child, crypto. But every cutting edge technology should be taken in to your considerations very carefully, because they are almost always complex, sophisticated and resour...

Cosmos: Learn about Cosmos, a proof-of-stake coin that allow delegators and validators to earn reward through staking and a coin that allow communication between different blockchain

9 Aug 2019 4 minute read 0 comments quintomudigo

          Cosmos(ATOM) is a native cryptocurrency created on Cosmos Blockchain network whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. Cosmos was main...

Stratis Platform AMA 06 August 2019

9 Aug 2019 1 minute read 0 comments Bogdanel

Stratis Platform AMA with Chris Trew  06.AUG.2019     On 6 August 2019 Chris Trew CEO of Stratis Platform held an AMA on Discord . Please find below best questions and answers from AMA :   1. About CTO   2. Community   3.Medi and Gluon Update 4.H...

Stratis Platform 2016 - 2019 - Happy Birthday

9 Aug 2019 3 minute read 1 comment Bogdanel

  Stratis ( Strat) was launched in 2016 . Their ICO was a success and price during the ICO for one token was : $0.0073 . They managed to rise around 915BTC during the ICO. CEO : Chris Trew  In this post I won't talk about price .   What is Stratis ?...

Quantum resistant blockchain and cryptocurrency, the full analysis in seven parts. Part 5E. (Black Swan event)

9 Aug 2019 3 minute read 0 comments Allen Walters

You can read part 1 here, and part 2 here, and part 3A here, and part 3B here, and part 3C here, and part 4A here, and part 4B here, and part 4C here, and part 4D here For the introduction, read part 5 A here, part 5 B here, part 5 C here and part 5...

Do all Blockchain applications only involve cryptocurrencies

9 Aug 2019 1 minute read 0 comments derwin25

  Blockchain technology opens the doors to an unprecedented revolution in technology, which goes far beyond just cryptocurrencies. When we hear about Blockchain technology, it is normal for our mind to immediately turn to cryptocurrencies, driven by...

How to use cryptocurrency volatility in our favor?

9 Aug 2019 3 minute read 0 comments derwin25

  Volatility in cryptocurrencies has been a key feature that has differentiated this market from traditional finance. That is why you must understand it in depth to take advantage of this quality of the crypto world. In traditional finance, volatilit...

Did you know about Globatalent?

8 Aug 2019 1 minute read 0 comments Globatalent

  Introducing the first blockchain sports exchange where you can trade and support your favorite clubs and sports idols     Blockchain in sports: Blockchain is a powerful, Yes and it’s a open source digital platform enabling “smart contracts” which...

Best Bitcoin Wallets

8 Aug 2019 5 minute read 0 comments yenilmez86

Bitcoin continues to amaze the world and offers us a cash option, as opposed to the state-dominated money we use as a daily standard. Advocates argue that advanced currency standards are simpler, more secure, and offer preferential protection over tr...