Blockchain

2,270 Articles 6 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.


A Quick Review Of Ravencoin Project

1 day ago 2 minute read Rumi $2.17 tipped

Ravencoin іѕ а blockchain which is specifically dedicated tо the peer-to-peer transfer of assets. Ravencoin іѕ а fork of Bitcoin and therefore uѕеѕ Bitcoin’s UTXO model. But bеfоrе wе gеt mоrе intо the architecture, wе should fіrѕt examine why the...

Satoshi Nakamoto to Reveal His True Identity Today

1 day ago 1 minute read aschatria $0.10 tipped

Satoshi Nakamoto to Reveal His True Identity today on 18th August 2019 4PM Eastern time. Satoshi Nakamoto will reveal his real name, why he is hodling 980k BTC, country, background and his future plans. The grand reveal will be made of three parts...

Next Generation Crypto Smart Wallet

1 day ago 2 minute read sipa $0.03 tipped

Today I’m introducing a multi purpose Smart Crypto wallet. It’s called HubrisOne. HubrisOne is Next Generation Crypto Smart Wallet build on Etherium blockchain. Actually it’s already available for your smart phone. It available on both Android and IO...

Bitcoin 08/18/2019 by dobobs

1 day ago 4 minute read dobobs $0.03 tipped

Live Cryptocurrency Market by: Coin360.com 한 줄로 읽는 암호화폐 뉴스(Daily Crypto News, 08/19) [coinpress.co.kr] [굿모닝 비트코인] 0818 비트코인 연말까지 13,000달러 넘을 것, 8,000달러 이하로 하락할 가능성도 낮아.. 백트 출시 전 상존하는 낙관론과 비...

Now's an Excellent Time to Buy Bitcoin - Goldman Sachs

1 day ago 1 minute read Krypton it's $0.04 tipped

H Now's an Excellent Time to Buy Bitcoin - Goldman SachsThursday, August 18 2019 "When you invest, you are buying a day that you don’t have to work." –Aya Laraya 5-Day Change •Bitcoin: $10,032.82 -15.68%   •Ethereum:   $183.93 -13.54...

Electric company of Arequipa Peru will use Blockchain to improve transparency in light collection

1 day ago 1 minute read MonoBlack $0.04 tipped

  The Electric Society of Arequipa seeks to improve the billing process, benefiting half a million customers.     The Electric Society of Arequipa (SEAL) in Peru enters a new stage of digital transformation by using Blockchain in order to improve...

Cryptocurrency stuck in one place

1 day ago 1 minute read OneHashCoin $0.07 tipped

Hi last few years of cryptocurrency give to Us many forks and sometimes I'm asking myself what peoples think when they do next copy of some coin/algo. Don't You think that at first point of creating new cryptocurrency we should focus on question : pu...

A Quick Review Of Ark Project

1 day ago 3 minute read Rumi $2.18 tipped

Overview Lіkе mоѕt оf the blockchain projects out there, ARK aims tо bring crypto and blockchain technology tо the masses. However, the ARK platform рrоvіdеѕ а nеw approach which wіll аllоw users, developers, and startups tо gain access tо distribut...

First Look into RealT

1 day ago 6 minute read TwiceCrypto $3.38 tipped

Investing in Real Estate is one of the most popular ways to grow your money as long term investors look to options in the property market for building their wealth. Not only does it generate rental income which is an additional revenue stream, the va...

A Quick Review Of Theta Project

1 day ago 5 minute read Rumi $4.59 tipped

Overview Theta Network іѕ trying tо build а decentralized video streaming platform, that aims tо revolutionize the wау video content іѕ distributed асrоѕѕ the Internet bу tаking advantage оf the decentralized nature оf blockchain technology. Users...