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.


Bitcoin Fear and Greed Index at 22, gains 1 point from 1-day ago. Remains at "extreme fear."

12 Jan 2022 1 minute read 0 comments Netzien

Good evening. As I write, bitcoin bounced a little from around 40K, and is holding around 42.5K USD/BTC. The Bitcoin Fear and Greed Index has risen as Bitcoin price has slowly gained some ground. At 8:00 PM New York City time on Tuesday, January 11th...

Why The Secret Network's Programmable Privacy and Secret Contracts Could Catapult it Into the Top Rankings in 2022

14 Jan 2022 4 minute read 0 comments CryptoCelt97

  The Secret Network, in their own words, is the first blockchain with privacy-preserving smart contracts and is set to climb up the rankings in 2022 and beyond. Regular blockchains are public ledgers that allow any party to track all transactions, p...

Candy Digitals Market Place Goes Live!

17 hours ago 3 minute read 0 comments Cje95

At long last Candy Digitals Market Place went live! Now that is not to say it wasn’t without some last-minute changes or issues with it. A couple of hours before the launch a lot of people found out that if you sold an NFT in the marketplace you woul...

Thoughts on Stader (SD) Coinlist Crowdsale

15 Jan 2022 6 minute read 4 comments bengy

Stader Coinlist Crowdsale   Well, this upcoming CoinList crowdsale from the Stader project will be an interesting one for me.... and by interesting, I hope that it will be completely trouble free! It will be the first CoinList sale that I will be ta...

BITCOIN, guess what "they" are doing

10 Jan 2022 1 minute read 0 comments toofasteddie

As strange as it may sound, whales, or rather the top 100 Richest addresses on BTC, don't seem interested in selling these days.If it is true that there was an upturn in sales on your part a little more than a week ago but this has activated the purc...

15 Jan 2022: What Bear Market?!

15 Jan 2022 2 minute read 0 comments TheCryptoCurator

"Out of the mountain of despair, a stone of hope."-Martin Luther King, Jr. 15 Jan: Bitcoin: $42,918.32 | Dom: 39.5% | HR: 212.018 EH/s14 Jan: Bitcoin: $42,266.76 | Dom: 39.7% | HR: 187.788 EH/s13 Jan: Bitcoin: $43,723.91 | Dom: 39.8% | HR: 209.595 EH...

Congress and Crypto: House to Hold Hearing on BTC Mining

13 Jan 2022 3 minute read 0 comments Cje95

It is offically on the calender. On January 20th, or in one week, the Energy and Comerce Committee in the U.S. House of Representitives will be holding a hearing about the energy use of digital crypto mining. What makes this hearing unique is that it...

Let's Talk Splinterlands - Is Flipping Chaos Legion Packs A Good Strategy?

15 Jan 2022 5 minute read 2 comments Khazrakh

This next Monday is going to be the biggest sales event for Splinterlands so far. After two rounds of presales Chaos Legion ins finally going to be available for general sale. Everybody has his own strategy for Splinterlands, some already bought thei...

MELD vs. AAVE

14 Jan 2022 5 minute read 0 comments Stuart Hollinger

  Are they really the same? 🤔 There has been a lot of talks recently about MELD being similar to AAVE. And as they do share many similarities, there are some distinct differences between them… https://youtu.be/e0cd5ET_k0Q?t=724 Contents Core featur...

Ethereum in 10 years

11 Jan 2022 1 minute read 0 comments sammyjones

    Joey Krug, co-chief investment officer of cryptocurrency-centered hedge fund Pantera Capital has said Ethereum has prospects of becoming an integral player in the global financial system.In an interview with Bloomberg, Krug projected that over 5...