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.


Riot Blockchain Bought 4,000 Bitmain Miners #453

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

Riot Blockchain bought 4,000 Bitmain S17 Pro Antminers claiming that the cost efficient Antminers would allow it to achieve a 50% improvement in hardware power efficiency compared to the S nine miners they currently use. VIDEO: https://youtu.be/7wQE...

Resource Management Feature and 2FA Disabling by Mnemonics

25 Dec 2019 1 minute read 2 comments DAOBet

Join the discussion in DAOBet Telegram groups: International community [EN] Validators group chat Game developers group chat   Join our social media to keep up to date with all the announcements: Twitter, Facebook, and LinkedIn.     When it comes t...

Online.io (a dapp on Etherum Blockchain)- Ushering the era of Internet Freedom

25 Dec 2019 7 minute read 1 comment milaan

Introduction The blockchain technology is very well known as a disruptive technology. This technology has the potential to disrupt the traditional sector which are mostly centralized. The use of Blockchain technology is not just limited to financial...

A LARGE STOCK MARKET WAS EXPERIENCING UNINTELLIGIBLE ACTIVITY CAUSED PANIC!!

25 Dec 2019 1 minute read 0 comments Slowmen

  A LARGE STOCK MARKET WAS EXPERIENCING UNINTELLIGIBLE ACTIVITY CAUSED PANIC!! Since yesterday, Bitcoin and most cryptocurrencies have been watching a downward movement, and some have been stably on their way. Yesterday Bitcoin closed the day at abo...

WHEN WILL BITCOIN REACH NEW ALL-TIME-HIGH ? Recent Hashrate Record - CHINA Market - Basic Attention Token

25 Dec 2019 1 minute read 1 comment Digital Asset Culture - YouTube Channel - France

Good  day Cryptocurrency Investors, enthuasiasts, friends I hope you have a great day. In this paper, we are going to write about the adoption of Bitcoin in finance As you can see, many content creators are super bullish on Bitcoin, which largely rem...

Bitcoin's Wild Ride- Volatility Before the Halving and Hash Rate Increase

25 Dec 2019 1 minute read 0 comments BitcoinCrazy

Bitcoin's Wild Ride- Volatility Before the Halving and Hash Rate Increase Bitcoin rose to $7,500 on the week of December 20th, and fell below $7,200 after the Santa Claus rally on he 24th. The 4% drop in price came at a time that has historically bee...

Price analysis 25, Dec Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash.

25 Dec 2019 1 minute read 0 comments haidernasir

Ethereum, litecoin, XRP and BCH has almost lost 1% in its price in the previous 24 hours, while bitcoin has gained almost 1% in its price in the previous 24 hours. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $7,226.18 wi...

Bitcoin Christmas Prices

25 Dec 2019 1 minute read 0 comments M87

It's that time of year when we reflect over the past year and look at the progress in our lives. Going into the year 2020, the price of Bitcoin is looking to end the year in this $6,000-$8000 USD area. Down from the 2017-18 bull run that took the pri...

I traded crypto non stop for 18 hours

25 Dec 2019 1 minute read 1 comment MadMaxx

Leave a tip if you find this post interesting! If you read my last post on the PsychoCrypto blog, you'd know I just became free of my 30 day stay away from crypto. Well, I traded it non stop for 18 hours. Want to know why and what happened? Keep read...

Bitcoin For Reserve

25 Dec 2019 2 minute read 1 comment excitingworld32

Bitcoin For Reserve   If there would ever be need for a global reserve currency Bitcoin narrative and activities would pop-up, since a soverign-free, algorithm-based alternative would be more stable and trustworthy and perhaps this would be Bitcoin....