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.


Details of Facebook's Cryptocurrency Libra Code

8 Jun 2019 1 minute read 0 comments mazlumyk

Details of Facebook's Cryptocurrency Libra Code We will share with you the details of the name of the crypto currency project, the type of crypto currency, the usage areas and the developer team, whose White Paper will be published on June 18th.    ...

The first project that reaches +100 votes on Creary!

8 Jun 2019 1 minute read 7 comments Creary

  "My life :)" by Zsolt Vidak is the first project that reaches +100 votes on Creary! We are very happy to see how the community rewards Zsolt Vidak's wonderful style.Zsolt has always been very active on our network since the beginning and he i...

Komodo Protect $13 Million From Theft

8 Jun 2019 1 minute read 1 comment HowToVids

Risk of theft is always there while storing your assets whether they are in any form. They may be in the form of fiat currency, cryptocurrency, gold or any other form. It's always an issue to protect them because thieves come with new ideas and new f...

Why blockchain could be a solution against political corruption?

8 Jun 2019 1 minute read 3 comments BtcSapiens

Imagine a country where all citizens can see all the budget items created by the State, would any political party dare to divert funds to personal causes? I doubt it very much, and it is clear that countries know this and do not want to incorporate a...

SERO Weekly Report [27th May-2th May]

8 Jun 2019 1 minute read 0 comments Super Zero (SERO) Protocol

TECHNICAL DEVELOPMENT UPDATE 1. Pos+ProgPow consensus research and development progress. ProgPoW : ProgPow GPU mining was successfully launched. PoS: In the process of development. 2. Exchange Listing API Further improvement based on the actual li...

DABANKING:  A GAMING SYSTEM ON DAPP THAT GIVES JOY TO EVERY USER.

8 Jun 2019 3 minute read 0 comments cryptoblezin

Hi friends, in this article, I would like to talk about an exceptional and the newest technological platform that is in town. Also, on this article I will be discussing how this company is integrating the blockchain technology. The name of this compa...

PascalCoin unveils plans to roll out new wallets/wallet features.

8 Jun 2019 2 minute read 2 comments Dzoelx

Having passed the community voting stage, PascalCoin developers have set out the mission to develop new wallets for transactions with PascalCoin and on the Pascal blockchain according to PIP-0031 (B&C). This proposal hopes to solve the wallet-related...

My Updated Balance On Palnet

8 Jun 2019 1 minute read 0 comments duckmast3r

![image-1559963034962.png](https://s3.ap-northeast-2.amazonaws.com/dclick/image/duckmast3r/1559963036622) I joined Palnet yesterday and since then have figured out how to buy some PAL. I was able to buy 62 PAL from some of my Steem, and just right no...

Best coins for staking currently

7 Jun 2019 2 minute read 3 comments fblauer

Introduction There have been a number of articles written about Proof of Stake consensus, and how to earn rewards by staking your coins, voting and delegating to validators. So I will refer to some of those guides below. A good meta site for listing...

Project Miracle Tele. Receiving rewards every two weeks !!!

7 Jun 2019 2 minute read 0 comments dimonbuton

Hello everyone, today we will get acquainted with the project that will be in demand, as it is already making a profit! And with the development of technology and team ideas, we will see in the near future the seizure of the market and the growth of...