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.


MegaCryptoPolis 3D - decentralized city builder game running on Ethereum blockchain

21 Jan 2020 9 minute read 0 comments CEDCryptoCoin

    MegaCryptoPolis (MCP) is a simulation game similar to SimCity 4 and Cities XL. Players buy land and build structures to increase their influence within a district or throughout the gameworld.  Most of MCP’s game mechanics run on the Ethereum net...

A complete walkthrough of using the Fold app

20 Jan 2020 1 minute read 0 comments 0xgult

I created a video on how to use the Fold app to get Bitcoin back on purchases.    Get 20,000 sats for using my referral link to sign up for Fold! https://use.foldapp.com/r/Xd7ASMLe

A Tesla Becomes a Full Bitcoin Node #471

20 Jan 2020 1 minute read 0 comments Gary Leland the Bitcoin Boomer

Some Bitcoin fans have used a Tesla’s onboard computer system to turn the electric vehicle into a Bitcoin full node. As unlikely as it sounds, the attempt was actually successful, and its success was ensured by a project called Bcoin. YOUTUBE: https...

Better Than Gold

20 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day Video of the Day: Andreas M. Antonopoulos Podcast of the Day: What Bitcoin Did hosted by Peter McCormack with Marty Bent Promoted Brand iTrustCapital - Trade Cryptocurrency & Physical Gold in Your IRA/401K

Top 5 Wallets for Dapps and Nfts

19 Jan 2020 1 minute read 0 comments Art

Energi (NRG)

18 Jan 2020 1 minute read 1 comment Fantomette

Hi. I want to share with you guys the Energi. I am in this community for 4 months already and seems to be a great one. Energi is a project I believe in and will follow it. Found this project from an Brave add. Tommy created Energi on the 4th of July...

Bitcoin is Resilient

18 Jan 2020 1 minute read 0 comments TheCryptoCurator

Crypto Watch Week Recap 18 Jan 2020: http://bit.ly/2TAjiiR * $BTC can't be stopped* #Bitcoin can't be replaced* Financial Advisors want in* Winklevii launches insurance* Tax relief is coming Promoted Brand iTrustCapital - Trade Cryptocurrency & Physi...

Crypto Tax Relief Coming?

17 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day: https://thecryptocurator.com/post/17-jan-crypto-tax-relief-coming Video of the Day: VICEonHBO Podcast of the Day: Unqualified Opinions hosted by Ryan Selkis w/Balaji Srinivasan Promoted Brand iTrustCapital - Trade Cryptocurrenc...

Top 10 Best Ways to Earn Free Ethereum (ETH) coin

17 Jan 2020 7 minute read 0 comments leonya9

Top 10 Best Ways to Earn Free Ethereum (ETH) coin Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (dapps) conceptualized by Vitalik Buterin in 2013. ETH is the native currency for the Ethereum p...

Gain.GG l Earn free rewards for completing tasks! (Bitcoin, Ethereum and Litecoin payout)

17 Jan 2020 1 minute read 0 comments Savec

Introduction Gain.GG is a site where you can complete offers, watch videos, complete surveys, download apps... pretty much do anything that you could think of to earn coins. On Gain.GG you'll be earning coins for each offer you complete, and 1000 coi...