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.


Deposit processing times

20 Sep 2020 1 minute read 4 comments odisseo

The purpose of this article is to focus attention on which parameters and evaluation elements must be analyzed to understand, in the near future, which cryptocurrencies could be considerably more interesting, for their usability, than others. Among t...

What is Blockchain...?

20 Sep 2020 1 minute read 0 comments kamranrkploy

BLOCKCHAIN...! A word that contains so much strength and power in it is defined as a distributed and immutable ledger that allows data to be stored on million of networks together. Now what is a ledger...? a ledger is simply a collection of financi...

Putting your Foot on the Gas: How-To Cancel/Replace ETH Transactions

20 Sep 2020 7 minute read 8 comments Mynima

Introduction I hope everyone that was due their UNI token airdrop has successfully claimed it. While claiming my airdrop and sending to Binance (for a little trading) I ran into a few issues that I thought would be good to share with folks. If you've...

This Taxi accepts Bitcoin!

20 Sep 2020 1 minute read 2 comments MichaelD

When I'm strolling around the internet news I ended up this innovating news! I will summarize it for you guys so you don't need to read the long message of the site. This taxi accepts Bitcoin crypto as of now and future other cryptocurrency as well....

BINANCE EXCHANGE TRADING FEES STRUCTURE.

20 Sep 2020 2 minute read 0 comments BlockMakerOffical

...written by Etienne Okeke. Cryptocurrency Exchanges are platforms which aggregate buyers and sellers of crypto assets like cryptocurrencies and tokens. It carries out this market activities in different ways ranging from Spot Markets to Derivatives...

Yes, you missed $300,000 $MEME air drop!

20 Sep 2020 1 minute read 13 comments paragism

WTF do you get when you mix YAM with CryptoKitties? You get $MEME! Meme Protocol was announced by this medium post on 26th August 2020. I thought it was a spam project. Actually none might have taken the project seriously. As per the protocol, instea...

Rabona just announced a release date and an amazing new feature and investment opportunity!

20 Sep 2020 3 minute read 6 comments Khazrakh

I've been looking forward to the release of Rabona for some weeks now and today @rondras finally announced the date for its Public Beta: The game will open its gates to the public on Friday, 25th at 18:00 UTC.     In case you have not heard of Rab...

DRK platform ,an innovative blockchain platform spear-heading the mission of Sustainable Global Decentralized Financial System (De-Fi)

20 Sep 2020 4 minute read 0 comments Decentraliza

    General Presentation Decentralized Finance also known as DeFi has taken the entire Crypto space by storm . DeFi has turned to be one of the hottest topic in Crypto Space . DeFi has emerged to turn the global financial system around . The governm...

Chesatochi Newsletter #07 - Discover Yearn.Finance, DMM, and Mooniswap

20 Sep 2020 1 minute read 0 comments Chesatochi

Come read my latest newsletter and discover significant projects in the crypto sphere. At the same time, you can, subscribe and stay in touch with my crypto content by email. A great way to save your valuable time. Newsletter #07 link: https://chesat...

The rise of DEX: is it a latecomer or a short-lived one

20 Sep 2020 5 minute read 0 comments PengSeung

Recently, the 24-hour trading volume history of Uniswap, the leader of the DeFi decentralized exchange (DEX) track, has surpassed the mainstream centralized exchange (CEX) Coinbase for the first time in history. Although Coinbase is not the largest e...