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.


The Rbit Shop is now deploying for beta…time to get aboard!

16 Jan 2020 3 minute read 0 comments Rhovit

  Today we are opening up the second pillar of RHOVIT, the Rbit Shop. If you have been following us you know we have been working on this for awhile, so we’re excited to be bringing it out for it’s debut! Before we get to far into our plans for the...

EOS Hits New Milestone + Biggest Improvement Yet

16 Jan 2020 1 minute read 0 comments Hodl EOS

Big news for EOS. The amount of accounts on the EOS mainnet has surpassed 1.7 million!  EOS2.0 is a huge update that will bring drastic CPU improvements to all EOSIO chains. EOSio user tutorials: https://eosio.support/ Latest EOS news: https://eosne...

Nakamoto 'Insures' Your Crypto Is SAFE

16 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day: https://thecryptocurator.com/post/16-jan-nakamoto-insures-your-crypto-is-safe Video of the Day: Andreas M. Antonopoulos Podcast of the Day: The Crypto Conversation hosted by Andy Pickering w/Daniel Masters of CoinSharesPromoted...

Regulation is the floodgate

15 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day: https://thecryptocurator.com/post/wednesday-regulation-is-the-floodgate Video of the Day: Altcoin Daily Podcast of the Day: Chain Reaction hosted by Tom Shaughnessy w/Blockchain Capital’s Spencer Bogart Promoted Brand iTrustCap...

The RHOVIT ERC-1155 Contract

14 Jan 2020 2 minute read 0 comments Rhovit

  There are many exciting things coming up for RHOVIT as we prepare to have an awesome 2020! This includes the launch of our game RHOAM, as well as the release of phase 2 of the platform, both of which are heavily focused on token-owned assets. If y...

BitBlockBoom Sponsor

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

A big thank you to buybitcoinworldwide.com for being our bag sponsor at #BitBlockBoom for 2020.  You can promote your company by inserting an item in the bag for only $150. Insert info at BitBlockBoom.com/product/attendee-bag-inserts-2/

Skillshare Premium free for 2 months!

14 Jan 2020 1 minute read 0 comments Scrembo

Join Now for FREE and learn Cryptocurrency Trading! https://www.skillshare.com/r/user/scrembopaul Sign up for Premium Membership to view Scrembo’s classes and over 22,000 more, taught by creators from around the world. No commitments. Cancel anytime....

The Best Free Crypto Earning Platforms Ranked: From Coinbase Earn to Lolli (2020 Latest)

14 Jan 2020 6 minute read 18 comments Sal Miah

Crypto earning is an integral part of the decentralized ecosystem. It is arguably the most progressive method of integrating new people into the decentralized economy. However, which earn free cryptocurrency platform is the chosen one? With a variety...

Bitcoin is the answer

14 Jan 2020 1 minute read 0 comments TheCryptoCurator

Top 3 News of the Day: https://thecryptocurator.com/post/bitcoin-is-the-answer Video of the Day: Altcoin Daily Podcast of the Day: Off The Chain hosted by Anthony "Pomp" Pompliano w/Austin Woodward, CEO of TaxBit Promoted Brand iTrustCapital - Trade...

RHOVIT — The No ICO Token Economy

14 Jan 2020 4 minute read 0 comments Rhovit

Since the opening of RHOVIT's beta, about 6 months ago, viewers on the platform have been earning $Rbit tokens for unlocking content, watching ads and referring friends to the site. With the recent opening of the $Rbit Shop, they now have a way to u...