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.


WHAT IS DENTACOIN AND HOW TO GET IT?

6 hours ago 1 minute read 3 comments Furkan Ay

Dentacoin is a cryptocurrency related to dentists and dental health. It is a project established to bring together institutions serving dental health with dental health problems. Those providing dental health services on the blockchain are listed. Bl...

Luno Exchange Launched BTC Savings Wallet.

7 hours ago 1 minute read 0 comments Rollerkid

  Crypto exchange Luno launched BTC Savings Wallet that promises its users a targeted rate of 4% interest per annum. There are no fixed terms and no admin fees, the company said. "Almost 95% of our customers have said they want to earn interest on t...

Troll Token? Why DeFi Yield Farmers Are Now All About YFI

7 hours ago 1 minute read 0 comments rejep311

A new governance token in decentralized finance (DeFi) is captivating yield farmers’ attention. Its creator didn’t set aside any of the tokens for himself and he insists the new token has no monetary value. Still, that hasn’t stopped it from tra...

NEW TOKEN FLARE

8 hours ago 1 minute read 0 comments Freitastutorial

What Are Flare Tokens?   Flare Tokens, aka “Flares”, are the native currency of PipeFlare and the games on our platform.     Question 1: Are Flares Tradable? Not yet, but soon. We are researching the best platform to use to issue tradable tokens. On...

Excel-mining.io Review: Bitcoin Cloud Mining! Earn 0.60% Daily Profit For 365 Days, 50 GH/s Signup Bonus – Onlinebitz Reviews

8 hours ago 1 minute read 0 comments roland4

EXCEL MINING LTD’s Overview Excel Mining offers Bitcoin & Altcoin cloud mining at unbeatable prices. All contracts feature instant hardware setup, low maintenance fees, and responsive support. New users receive 50 GH/s towards their SHA-256 mining d...

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting

9 hours ago 1 minute read 0 comments rejep311

The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks...

US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework

9 hours ago 2 minute read 0 comments rejep311

United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task For...

Grayscale Adds $1 Billion to Crypto Products in Q3, Sees 'Unprecedented Demand' for Bitcoin Cash

9 hours ago 1 minute read 0 comments rejep311

Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Gray...

Weekly Review: Crypto blogging social websites

9 hours ago 1 minute read 0 comments aschatria

This week I was working less than before and I had less various website to do, and the results were much better than before. This was the plan, I also altered it a little bit. Hive and Smoke - I also included Blurt, but I had little time to attend....

You can now supply UNI and COMP in Compound Protocol

9 hours ago 1 minute read 0 comments FrenchLegalAspect

Hey folks,   Just a little post to inform you that Compound recently added two new tokens to Compound. These are really recent tokens as it were released some month ago : UNI and COMP.   Now you can supply 10 differents token in Compound as SAI is n...