Blockchain News, Opinions and Analyses created by users.

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.


13 Jan 2022: Tonga To Follow El Salvador

13 Jan 2022 5 minute read 2 comments TheCryptoCurator

"Challenges are what make life interesting and overcoming them is what makes life meaningful."-Joshua J. Marine Bitcoin: $43,723.91 | Dom: 39.8% | HR: 209.595 EH/s Earn 10% on your cash Breaking: Aside from Shark Tank, Mark Cuban says 80% of his new...

How Egg Heads Club could push NFTs to a new frontier

15 Jan 2022 3 minute read 0 comments wholelottajuju

This post was originally published on my Twitter account and republished on read.cash. It's no secret that derivative projects and lacklustre artwork have overtaken the NFT world. Sometimes, these projects succeed due to their sheer utility; Other ti...

Working and Investing in DAO explained. How to earn from DAO and opportunities in DAO.

14 Jan 2022 3 minute read 0 comments cybercrypto

DAO has been slowly growing in the market but still, it hasn't reached its full potential. Also, it didn't boom like NFT' had. People still understand it and slowly it's reaching the audience.   DAO explanation DAO stands for Decentralised Autonomou...

Could Initial Litigation Offerings Be the Next Big Thing in Crypto?

16 Jan 2022 5 minute read 4 comments CryptoCelt97

  As investors, we're always looking to gain an edge and be at the forefront of new developments in the sphere. Initial Litigation Offerings aren't a new concept per se, but it is only starting to get introduced into the crypto world. While investing...

14 Jan 2022: Brazil Buys Bitcoin

14 Jan 2022 3 minute read 0 comments TheCryptoCurator

"To see what is right and not do it is a lack of courage."-Confucius Bitcoin: $42,266.76 | Dom: 39.7% | HR: 187.788 EH/s Breaking: Rio de Janeiro’s Mayor to Invest 1% of The City’s Treasury in Bitcoin - Update: Fidelity - Rio de Janeiro Crypto Adopti...

Where to Park Your Cash for the Impending Crash

18 hours ago 4 minute read 0 comments Cody Yoder

Inflation Hitting Record Highs On January 12, 2022, the United States Bureau of Labor Statistics reported that the consumer price index for all items rose to a record 7.0% year-over-year for the month of December 2021. Based on the last three months’...

Crypto Wallets

9 Jan 2022 6 minute read 3 comments cryptogod-1

Good day everybody, Welcome to CryptoGod-1's blog on all things crypto. Today we are going to look at a selection of the various Wallets available for storing crypto, and a quick overview on the difference between cold and hot wallet storage. I will...

Clean Pockets

12 Jan 2022 2 minute read 0 comments acesontop

One of the most low profile billionaires in the world, Changpeng Zhao, who was born in China and has a Canadian citizenship is currently holding a whopping $96 billion fortune. According to him, he's not into wealth, fame and other shit some of...

6 Ways to Detect Fake Crypto Exchange Websites | CoinChanger

12 Jan 2022 4 minute read 2 comments Coin_Changer

6 Ways to Detect Fake Crypto Exchange Websites The crypto-verse has been steadily becoming more and more widespread during the past few years now. And its notorious volatility is the least of your worries. With emerging markets come scams and bad ac...

On Making Money in Crypto

8 Jan 2022 4 minute read 3 comments OnlySocks

My position on Cosmos (ATOM) has been bullish since I read its whitepaper. Today it lost 16% of its value after a meteoric run that grew its value x8 in under a year. I smiled even as, on the surface, it appeared that I'd lost about $160 overnight.Th...