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.


Exodus Wallet: Top 10 Best Crypto DApps Reveiw

22 Aug 2019 7 minute read 9 comments Jimmy D [Uplift.Art l The Uplift World]

  ‘Wrapping Solid Engineering Inside Beautiful Design   Without a doubt one of the most progressive wallet projects in the space, Exodus has rewritten the book on what it means to be groundbreaking and innovative with while still maintaining sleek d...

Why Libra is getting so much attention?

21 Aug 2019 1 minute read 4 comments Emad

Since the first news releases about Facebook's crypto (if you call it a pure crypto I believe), press and media have shown a massive amount of attention on this subject. Even President Donald Trump bashed Libra, which was unveiled just a month ago, s...

VSYS coin: Earn by leasing your VSYS coin to validate transaction on the V system blockchain network

21 Aug 2019 4 minute read 0 comments quintomudigo

  VSYS coin is a native cryptocurrency created on V system Blockchain network whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. VSYS coin was mainly cr...

BEYOND BITCOIN. The Future of Digital Currency. Part VIII The Problem With the Federal Reserve / Protecting our Civilization

21 Aug 2019 9 minute read 3 comments CloudCoin

The problem with the Federal Reserve From bartering to blockchain, the world of money - and the way we transfer it - has never stood still. Indeed, even the assets we prize have changed. Although it might be nice to have some vegetables in your frid...

MIND BLOWING BITCOIN PREDICTIONS

21 Aug 2019 6 minute read 0 comments TheCryptoCurator

UPDATED: 07/04/19 Over the years since 2011 (the year I first became aware of Bitcoin) there have been many and I mean MANY predictions of what will happen with the Crypto Currency. I’d like to start a running blog on these predictions to see what ac...

Spain: LaLiga Santander signs an alliance with the GCOX cryptographic company

21 Aug 2019 1 minute read 0 comments MonoBlack

The LaLiga Santander football competition has plans to launch its own token, which will allow it to offer new products and alternatives for football fans.   --- The First Division of football in Spain, LaLiga, is entering the crypto and Blockchain ec...

Cryptocurrencies, an affordable reality for everyone.

21 Aug 2019 1 minute read 1 comment derwin25

  The financial sector has been challenged in recent years significantly. Given the easy access to the internet, it is increasingly common to express disagreement regarding the traditional services of this industry. Events such as the financial crisi...

Israeli businessmen create Libracamp, the first technology incubator for Libra

21 Aug 2019 3 minute read 0 comments MonoBlack

Although it does not have the official support of Facebook, managers say they have communication with Libra and Calibra teams.   --- Within the framework of the announcements made by Facebook for the launch of its new cryptocurrency and taking advant...

Venezuela's largest retail chain Traki partners with PundiX to bring Venezuela the first physical cryptocurrency point of sale

21 Aug 2019 4 minute read 0 comments MonoBlack

The largest department store Venezuela made an alliance with the Indonesian blockchain firm PundiX to bring the first physical point of sale to the Caribbean country with which it can be paid with cryptocurrencies. The device in the form of a cell ph...

Parachute Weekly Update: Launch of BOMBX, Parachute + BOMBX partnership, Crypto Lifestyle Interview, AXPR on Binance Dex... – 12 Jul - 18 Jul'19

20 Aug 2019 5 minute read 0 comments Abhijoy Sarkar

Hiya folks! This was one of the most eventful weeks in recent Parachute history. Strap onto your seatbelts. Here we go!   Cap announced the start of a new journey with BOMB’s latest venture, BOMBX (more on that later). In short, new groups will get t...