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.


A little introduction post !

19 hours ago 1 minute read 0 comments clixmoney

I've been creating content on the blockchain for more than 5 years. I'm coming from hive blockchain. I have there almost 6k followers. I'm also a leader of a community called dcooperation. I would like to grow here as well. I also create videos and I...

We are teaming up with Enzyme Finance to Bring Advertising and DeFi Together

20 hours ago 1 minute read 0 comments Vanina

We are delighted to welcome the newest partner in the AdEx Network family: Enzyme Finance (formerly known as Melon Protocol). This new alliance will nicely tie up the worlds of advertising and DeFi. We will collaborate with Enzyme in a few major dire...

Inherent Security Issues and Regulatory Concerns with the Internet of Things (IoT)

20 hours ago 6 minute read 0 comments kev_nag

INTRODUCTION Many here might be unaware of what the Internet of Things actually is. The Internet of Things is "a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique ident...

Break a Sweat and Score Big with the 1xBit EURO 2020 Tournament

20 hours ago 2 minute read 0 comments JP Buntinx

Bitcoin Press Release: It’s time to own the field by joining the EURO 2020 1xBit tournament and making it count!  17th June, 2021, Limassol, Cyprus — Not good at playing soccer? No problem! You can showcase your swift decision-making skills and strat...

InsurAce is the first DeFi insurance protocol to launch on both ETH and BSC

20 hours ago 6 minute read 0 comments Vagrant Crypto

Following two successful months since the launch of our Ethereum Mainnet, and one month since our multi-chain V1 launch, InsurAce is extremely proud to announce the launch of our BSC-Ethereum INSUR token bridge and insurance services on BSC mainnet a...

What Polkadot is all about and its future

20 hours ago 1 minute read 0 comments Defiant Pathfinder

Polkadot is a decentralized open source blockchain Protocol which allows data sharing, token transfers, assets and also connet public and private chains through its multi-chain network. How Does it work? Since it is a multi-chain it supports differen...

Tried and tested - Bling Games pay in Crypto (although you'll need to watch an ad that you'll never buy from)

20 hours ago 1 minute read 0 comments kamikimms

Like many, I've ventured around the internet to see where free cryptos can be picked up. Along my adventures I came across Bling Games - a suit of mobile games that allows you to accumulate points and then trade them for Santohsis.  Important: You c...

Predicting a bear or bull market, using psychology techniques

20 hours ago 3 minute read 2 comments Heruvim78

You know the saying: Buy the rumour, sell the hype. Well, this is a very sound strategy. Today we will explore not why, but how the bear and bull market are born. Mainly, it is all down to one single principle, if the simplify it. Of course, in the r...

Understanding Elrond: A NextGen Scalable, Value Transfer Blockchain Protocol

20 hours ago 10 minute read 0 comments CryptoWise

Today we will deep dive into the Elrond project: A NextGen Scalable, Value Transfer Blockchain Protocol Elrond: A highly scalable, fast, and secure blockchain platform built for internet scalability. Being a technology leader, I have been quite fa...

With Strong Earnings, User Growth, and Recognizable Brand Partnerships, Decentral Games Is A Well Positioned Next Generation Blockchain Entertainment Platform

21 hours ago 4 minute read 0 comments JP Buntinx

Fig 1: DG Treasury Growth Chart measured in USD value. The treasury has grown exponentially since its inception in Dec 2020 contributed by the profit growth and the appreciation of the assets. The downward trend in May is driven by the downswing of...