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 GeoDB? - Earn GEOs daily - Airdrex

15 hours ago 1 minute read 1 comment Airdrex

Through the GeoDB airdrop you can get instantly GEO tokens for free if you download Geocash app. Also, you can get more GEO tokens for each referral. What is GeoDB? Big Data is becoming one of the most valuable assets in the world, being exploited by...

Exciting News: SaTT is on the way to becoming an Open Source project!

17 hours ago 2 minute read 2 comments Bit Media Buzz

The smart advertising token marketplace project SaTT has announced  their roadmap towards decentralization, targeting towards being an open source project within 6 months to a year. With a timeline that ranges from October 2020 to June 2021, SaTT rel...

Investing in digital currencies

18 hours ago 1 minute read 2 comments pooyan1221

Investing in digital currencies BTC *Bitcoin: As always, Bitcoin tops the table. It has grown tremendously over the last ten years and has shone brilliantly in 2020, becoming one of the safest and most valuable computer and digital networks. In gener...

Bitcoin transaction fees

18 hours ago 1 minute read 0 comments pooyan1221

Bitcoin transaction fees First: to perform transactions in the Bitcoin network, each user can enter the desired fee and there is no obligation from the system. But due to the limited capacity of bitcoin blocks, if the fee is less than a certain limit...

Coinmarketcap 23/10/2020

19 hours ago 1 minute read 0 comments sevillaespino

Good Night, we have arrived to the middle of the week, I hope that all my faithful followers to my publications are very well and also the new readers that arrive every day I welcome them, I pass to share the closing of the cryptocurrency market for...

Cointelegraph | US AML watchdog wants info on all international crypto transactions over $250

20 hours ago 1 minute read 3 comments BLOCKCHAIN BRAIN

He//o World... Welcome to Blockchain Announcements! A few hours ago, one of the Blockchain news leaders, Cointelegraph.com publish a very interesting article where they say that "The Financial Crimes Enforcement Network (FinCEN) and Federal Reserve a...

YUSRA Global

20 hours ago 4 minute read 0 comments definews

YUSRA Global – your unique system of real assets Hello friends, how is your portfolio now, is it continuing to grow in October? The good news right now all crypto market growing in this end of October. Boosting news from PayPal adopting Bitcoin on i...

PayPal Shows It's Not Messing Around when it Comes to Crypto. $TRAC, $DOT, $KSM, $OCEAN, $GHST, $RSR

21 hours ago 1 minute read 0 comments Aware1

Following the recent announcement from PayPal that it would allow users of the platform to buy, hold, and transact in Bitcoin, Bitcoin Cash, Ethereum, and LItecoin, the financial service platform doubled down on its involvement with cryptocurrency w...

Why did the value of bitcoin increase?

22 hours ago 1 minute read 0 comments pooyan1221

Why did the value of bitcoin increase? Fixed supply and increased demand for bitcoin The total number of bitcoins is 21 million units, which means that the supply is stable and if the demand for it is high, its price will increase. Acceptability and...

Weekly Briefing №99 | Giving Slack Flak and Praise to Sophia and Smart Contracts

22 hours ago 6 minute read 0 comments FinRev

Criticizing unicorns? Check. Highlighting humanoid and smart contract advancements? Check and check. An obscure quote from a 1950’s French film director? Bien sûr. Welcome to edition 99. This week: Slack’s recent raise is nothing to cel...