Blockchain News, Opinions and Analyses created by users.

Blockchain

30,722 Articles 244 Followers

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 Paradox of “Knowing Your Customer” (KYC) and Cryptocurrency Exchanges

5 hours ago 2 minute read 1 comment TL Golden

Bitcoin was established on the basis of freedom from government regulation and to enhance privacy. KYC violates your privacy and is a contradiction to the stated intent of Bitcoin. Now, the entire cryptocurrency industry has become a creepy invasion...

Premium Block is a multi-chain platform that allows users to create pool and disperse cryptocurrencies within the pool addresses

5 hours ago 2 minute read 0 comments JaksHitam

The MultiChain development is a phase that helps customers with setting up a particular private Blockchains that can be used by the relationship for financial trades. An essential API and a request line interface are what MultiChain gives us. This he...

Blockchain: A Worldwide Revolution in Data and Value Transfer

6 hours ago 11 minute read 0 comments the.hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency post and my cryptocurrency blog to learn more about this fascinating new technology! Bitcoin, Ethereum, and other cryptocurrencies can be...

Robotech Now in NFTs on WAX Blockchain...

10 hours ago 1 minute read 0 comments Patchango

Robotech is a science fiction franchise that began with 85 Episodes anime television series produced by Harmony Gold USA in association with Tatsunoko Production and first released in the United States in 1985. The show was adapted from three origina...

BAT Still Has MASSIVE Upside for 2021-2022 (Weekly Forecast)

10 hours ago 1 minute read 3 comments Crypto Daily FX

Basic Attention Token (BAT/BTC) has struggled of late, falling below the 50 and 200 Week EMAs and the 0.00002 BAT/BTC level to about 0.0000166. This is a bearish divergence, at least in the short-term, however if BAT can find support around these lev...

Most expensive virtual land in history sells as NFT for nearly $1 million

11 hours ago 1 minute read 2 comments MARY NEWS

Most expensive virtual land in history sells as NFT for nearly $1 million   Virtual land in the Decentraland metaverse becomes the most expensive in history after being sold as an NFT for $914,000A virtual land in the “metaverse” called Decentraland...

Why Must Upland to Tokenize a City in Brazil?

11 hours ago 5 minute read 6 comments Roney Laurent

Have you ever imagined getting a registered property with a blockchain digital asset through a smartphone game? Yes, this is currently possible. Also, read on to discover the beautiful Brazilian city of Belo Horizonte and the main reasons why should...

The RedFOXLabs ecosystem & RFOX Finance...

11 hours ago 1 minute read 0 comments Patchango

The RedFOXLabs ecosystem: RedFOXLabs was founded in 2018 with the purpose to be Southeast Asia's first digital venture builder and internet-technology company to improve the mass adoption of crypto and blockchain as well as other new and emerging tec...

Ethereum Technical Analysis 06-19-21

12 hours ago 4 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $2.2K and goes down around to $2.1K and stable around $2.2K. The average transaction fee is $3.96 which is 3.41% decrease from 06-18-21. Ideally, gas fee should below $10 and it is low now. Ethereum is strong sup...

Bitcoin Technical Analysis 06-19-21

12 hours ago 4 minute read 0 comments xuanling11

Technical Analysis Bitcoins opens at $35K and goes down to around $34K and stable around $35K ~ $36K. The average transaction fee is $5.19 which is 2.77% increase from 06-18-21. As I mentioned yesterday, Bitcoin drops around $30K since All Time High...