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.


Earn without doing nothing CRYPTO TAB BROWSER

13 Apr 2021 1 minute read 0 comments ErickStounn

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Pi Network: Pi Browser and Wallet Live

13 Apr 2021 1 minute read 3 comments Cje95

A few days ago there was an updated video on the Pi Network app when I went on to turn back on my mining. It was only just a few weeks ago that the Pi Team developed and implemented the wallet feature for desktop node users. Now, this has been expand...

WYD TOKEN AIRDROP 40 WYD($100!)

12 Apr 2021 1 minute read 0 comments kendrickcheok

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👉Riot Blockchain Is Set To Acquire A Texas Data Facility For $650M ⏰ 4 MINUTE #BITCOIN SHOW #741

12 Apr 2021 1 minute read 0 comments Gary Leland the Bitcoin Boomer

Riot Blockchain is continuing its Bitcoin mining expansion efforts and eports suggest that the US based miner is set to purchase Whinstone US Inc.   🎥 YOUTUBE https://youtu.be/w8mOhKFbL1Y 🔘 ALEXA https://garyleland.com/Alexa 🔉 PODCAST https://4Minut...

Cake DFI for staking and earning a one time deposit bonus!!!

12 Apr 2021 1 minute read 0 comments deanlad

Pool by cake is a new new platform which lets you hold different cryptocurrencies and earn interest for them. They are currently offering $30 worth of DFI tokens which will be locked for 6 months in the platform and are withdrawable after the holding...

Meta City- The next big blockchain mining game?

12 Apr 2021 1 minute read 1 comment aka LonelyBoy

  Meta City will be a first person shooter game for mobile and PC and will feature mining, NFTs, staking and much more. Players take on the role of Harry Lam, a professional military contractor employed by MCC to rescue their trapped workers in Bloc...

ICODA Space Digest

12 Apr 2021 1 minute read 0 comments ICODA Agency

Learn Blockchain Web Development on Ethereum and other skills with these free Udemy courses

12 Apr 2021 1 minute read 0 comments Slank

Below is a new list of free courses from Udemy for 4/12/2021. These courses are free for 1 day to the next 3 days. So, if you see anything you like make sure you add them to your account. If you end up taking any of the courses, please be sure to giv...

E-coin Airdrop(no kyc required!)

12 Apr 2021 1 minute read 0 comments kendrickcheok

Click here to download the app Are you feeling Lucky today ? Participate in World’s fastest growing cryptocurrency and earn $1 guaranteed which you can sell immediately .  Takes just 5 mins to claim, so don’t miss it. Refer more friends and win $0.5...

Free Crypto Part 1: Brave Browser

12 Apr 2021 3 minute read 0 comments Zeph

Free crypto, what’s the catch? So you want to earn some crypto on the side, but you’re short on cash or you just don’t have a good way to buy. That’s okay, we did the research for you and identified a number of reliable methods to earn (a little bit...