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.


Big Deeps Today 23/1/2020

1 day ago 1 minute read Danoskie $0.16 tipped

  Hello peeps,How is your day going?It's me again on cryptos price update and now, I'll be sharing with you some of the cryptos that went down greatly with bunches of expectations from the users/traders.Let's get started.1. 999Previous price: $2.18Pe...

Quick Overview: Electroneum (ETN) | The First British Cryprocurrency

1 day ago 1 minute read NassiroV $0.17 tipped

Image Source The Electroneum project Mobile virtual currency Electroneum is a virtual currency that uses its own blockchain derived from that of Bitcoin. It claims to be a mobile cryptocurrency. It is the very first British cryptocurrency. Electrone...

23/01/2020 : My new video Reply to Jungle Inc about BITCOIN for CROSS-BORDER PAYMENT

1 day ago 1 minute read Digital Asset Thinker $0.05 tipped

Good everyone, I made this new video in English to reply to Jungle Inc, with respect of course, about a recent video done by Jungle Inc about Bitcoin and cross-border payments and Ripple and XRP : What do you think about what I say ? Thank you for r...

A new blockchain mobile game!

1 day ago 1 minute read knohen $0.07 tipped

My Crypto Heroes is probably the most underrated block chain game on the market right now. It might even be among the top 10 mobile games of 2020. By playing the game you can turn your time into assets. Level up different heroes, items and extensions...

Quick Overview: Factom (FCT) | A Blockchain Innovations Company

1 day ago 1 minute read NassiroV $0.02 tipped

Image Source The Factom platform Factom is a decentralized storage platform, which works with a secure blockchain. Any organization or company can store their data privately on the blockchain. Factom’s innovation is based on the data layer created o...

#TIBFOXEDITINGCHALLENGE (1 of 9) Born 2B Free - I'm on my way on DTube

1 day ago 1 minute read Lorenzo Pistolesi $0.01 tipped

Blockchain collaboration I've never met @tibfox in real life, but I started to collaborate with him with a great pleasure. Blockchain collaboration. Take a look to his great DTube contest QUICK & DIRTY editing challenge / contest! So let's start. I...

Unsecured Loan Marketplace - Why?

1 day ago 2 minute read Raise $0.06 tipped

Unsecured loans are loans that are approved without the need for collateral. Borrowers do not need to secure an asset to receive their finance and the decision is based on factors such as their income, credit history and ability to pay back. Borrower...

Yearly saved time with Brave

1 day ago 1 minute read CEDCryptoCoin $0.16 tipped

  Today is exactly the year I've been using Brave  So far I can only talk about how much we have saved time and how many unnecessary ads missed me.The Czech Republic does not yet pay the Bat Token for ad tracking, so I can't rate this page yet. I...

Crypto Privacy: It Smells Like Onions

1 day ago 4 minute read M87 $2.81 tipped

2020 Has been a great start for the crypto markets and now there are some interesting data so far for privacy in the new decade.  Bitnodes, a project that was developed to help estimate the size of the Bitcoin network, find the reachable nodes on the...

Blockchain on our plate

1 day ago 1 minute read CryptoArch $0.22 tipped

Blockchain is a digital storage and transmission technology allowing the transit of secure and forgery-proof information, which has been booming in recent years on many projects. Blockchain is a database containing all exchanges history between users...