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.


24 Oct: Skyrocketing

10 hours ago 1 minute read 0 comments TheCryptoCurator

Happy Saturday my Crypto Peeps! Let's dig into the fun stuff shall we? :) Bitcoin was braced for a bombshell from Fed Chairman Jerome Powell, Raoul Pal delivers ominous stock market warning, says Bitcoin offers rare chance to beat Wall Street, UK-Li...

CC120 - WoW 4 People Can Make $10 With COMP on Coinbase Earn Now

11 hours ago 1 minute read 1 comment Chesatochi

#comp #coinbase #education In this video, I share an opportunity that 4 people can make $10 to have access to the COMP course on Coinbase earn. A great way to learn and get crypto for your time. 4 lucky can join under my affiliate link and get $10 o...

What is the chance of Bitcoin reaching $ 20,000 in the next two months?

12 hours ago 1 minute read 2 comments Ana_2020

In a recent report, analyst Skew described the recent jump in Bitcoin as "natural" and claimed that the digital currency had a 7% chance of reaching $ 20,000. According to Kevin Telegraph, analysis within the Ski chain indicates a 7% chance for the k...

Vigor Protocol Easy Tips & Tricks EOS DeFi

12 hours ago 7 minute read 0 comments Dan Emmailoveyou

Vigor protocol is a very advanced DeFi platform but is not that difficult to understand once you get used to it. There are some typical features in common with other lending platforms but also some notable innovations that deserve to be explored and...

Price analysis 23, October Bitcoin, ethereum, litecoin, XRP and BCH

14 hours ago 1 minute read 0 comments haidernasir

Bitcoin, and Litecoin is on a uptrend, while ethereum, XRP and BCH is on downtrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $12,937.60 at 1:59 PM GMT, with a gain of 0.18% in the previous 24 hours. Bitcoin wi...

【AMA Review】Cocos-BCX New Configuration,New Progresss,Community autonomy will be increased in the future

14 hours ago 11 minute read 0 comments MrBitcoin

On September 22nd,2020, from 15:00 to 16:00,(UTC+8) in the official Chinese Wechat community of Cocos-BCX [AMA Series NO.3] AMA with Cocos-BCX Co-founder Mr. Haozhi Chen. Mr. Chen shared the accidental event of the MainNet,the next plan of Cocos-BCX...

Bitcoin and Ethereum growth in 2020 is just amazing .

14 hours ago 1 minute read 0 comments Kavi

  !!BREAKING NEWS!!   Paypal launch crypto support ,will be fully operational in 2021. MicroStrategy has purchased Bitcoin worth of $ 425 million dollar. Square purchased bitcoin worth $50 Million dollar. Kraken Received Bank Charter APPROVAL which...

Blockchain, Digital Identity, and Health Records: Considerations for Vulnerable Populations in California

15 hours ago 2 minute read 1 comment MrBitcoin

In the early 2000s, blockchain took the private sector by storm. In addition to gaining notoriety for its applications in cryptocurrency, the technology was touted as a solution to dozens of organizational problems, from supply chain tracking to...

LaToken - Get 50$ of credit for free - Airdrex

15 hours ago 1 minute read 0 comments Airdrex

Through the LaToken airdrop you can get instantly 50$ of credit for free if you register on LaToken exchange. Also, you can get 50$ of credit for each referral. What is LaToken? LATOKEN is a rapidly growing crypto exchange focusing on liquidity for n...

Scam or arbitration?

16 hours ago 1 minute read 2 comments SERGEY56

A bot has appeared in telegrams that offers arbitrage trading in BTC / USDT.  Having carefully studied his description, I saw the following: In its description, it also indicates to register using the scam link The exchange is located at https://bi...