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.


How to Manage Your Cryptocurrency Portfolio in a Bear Market

28 Jul 2021 4 minute read 0 comments Heath Muchena

After reaching an all-time high of $64,863 in April 2021, bitcoin experienced a sharp drop trading close to $30,000. The prices of other crypto assets (altcoins) also plummeted and the entire cryptocurrency market began to consolidate downwards. Such...

Crypto.com Research shows 200+ Million Crypto Users - Exponential Growth Incoming?

30 Jul 2021 1 minute read 0 comments eltoro0x

Crypto.com Research shows 200+ Million Crypto Users Crypto.com published this research reporting that worldwide there are 200+ million Crypto users. REALLY? I don't think that's the real number, I think that's the number of active Crypto accounts be...

Binance Smart Chain Transactions Count 300% Up in Ten Days: Two Reasons Explained by GetBlock

29 Jul 2021 2 minute read 0 comments GetBlock

Yesterday, on Jul., 28, number of daily transactions handled by Binance Smart Chain smashed mid-May’s high and surged to new record. Why? Binance Smart Chain, Binance’s smart contract platform, witnesses an unparalleled growth in terms of network act...

BTC "leak" from exchanges on the raise...but COINBASE is benefiting!

29 Jul 2021 1 minute read 0 comments toofasteddie

I still maintain that $ 41,000 should be the end of wave B, followed by a downward "C" wave nonetheless, and although my count is still valid (See here for more information)), the upward flow of BITCOINS that are transferred from exchanges to persona...

The Two Sides To The Passive Crypto Income Coin

24 Jul 2021 3 minute read 8 comments Sapphire

My Own Personal Fascination With Passive Income Ever since I owned my first dividend paying ETF, I knew that the only thing that I wanted to do was create and maintain passive income mechanisms. This realization took me down multiple avenues, as well...

Hedera Hashgraph (HBAR): Price Updates, Recent Developments, Community, Future Events

26 Jul 2021 2 minute read 0 comments DailyCoin

Hedera Hashgraph’s price is up by 10% over the last day in the wake of new network developments. The launch of the “Yamgo App,” which offers users rewards in HBAR, and the partnership with NHS UK, for the storage and distribution of vaccines, ar...

Bitcoin Mining is Going Green

21 hours ago 6 minute read 5 comments hifi.crypto

Are you brand new to crypto and not sure where to begin to learn about it? Check out my intro to cryptocurrency and intro to blockchain posts or my cryptocurrency newsletter to learn more about this fascinating new technology! Bitcoin has seen near e...

What Is Nervos Network CKB Crypto?

26 Jul 2021 3 minute read 0 comments StealthEX

Nervos Network is a blockchain infrastructure with protocols that develop the foundation for a universal public platform and addresses the greatest challenges facing the most popular blockchains nowadays. Nervos Network Features Nervos Network includ...

Does Amazon Support BTC Shopping❓

30 Jul 2021 3 minute read 2 comments Willson-Deng

Affected by Amazon's support for cryptocurrency payments, Bitcoin ushered in a surge at the end of July There has been a sudden wave of small outbreaks of Bitcoin recently, which caught many people by surprise. In fact, it is not surprising that Bitc...

Announcing ADAmatic, Two-Way Bridge from Polygon to Cardano

29 Jul 2021 4 minute read 0 comments Stuart Hollinger

Built on Polygon with direct partnership with Polygon themselves, ADAmatic is a two-way bridge to bridge your Polygon-based assets to Cardano, and back. Everyone can use ADAmatic independently of MELD, but we are building it to bring more token choic...