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.


Investing idle money, More Leo, More Cubs, and other good stuff

20 hours ago 4 minute read 0 comments belemo

The price of Leo token has been on the wrong side of 50 cents for a while now, and in that time, I have taken the opportunity to throw more weight at the project. As I've said on numerous occasions, my long-term target is to break into the first pag...

GlobalGive: The Token of Choice for Global Charities

20 hours ago 3 minute read 1 comment adriaparcerisas

  In more detail, GlobalGive (https://www.globalgive.finance/) is a Blockchain-based project created as a unified cryptocurrency platform which is governed by the community itself, in order to integrate charities from everywhere and of all kinds. Th...

CC307 - Meebits Collect, Trade Extremely Valuable NFTs on Ethereum

20 hours ago 1 minute read 0 comments Chesatochi

Meebits is a set of 20000 unique 3D NFTs characters created on the Ethereum blockchain. All NFTs are unique with the standard ERC-721, which makes Meebits to be extremely valuable. Now sit down and relax while watching the video with a nice cup of c...

Are Affiliate Programs A Good Way To Earn Additional Crypto?

21 hours ago 3 minute read 1 comment Sapphire

Additional Revenue Streams If you are earning free Crypto on a daily basis, as well as creating passive earning mechanisms, you have probably considered affiliate programs within the space. These programs vary greatly, in that some require users to s...

Did Mark Cuban get rugged or not?

17 Jun 2021 1 minute read 2 comments eltoro0x

Did Mark Cuban get rugged or not?   Mark Cuban invested something like 8 Million dollars in IRON Titanium Token and the price went from 52$ to nothing (almost) in a matter of hours.   You can see here the price chart. Mark Cuban replied that:  He...

Merlin Lab - An Innovative AMM & The highest APY auto-compounding yield aggregator built on BSC.

17 Jun 2021 10 minute read 8 comments pink765

The blockchain technology knocked the door with rise of bitcoin in 2009 and gradually got its place in the economy. Now majority of people know about blockchain technology and have accepted it with full faith. Further in 2018 a revolutionary concept...

Price analysis 16, June Bitcoin, ethereum, litecoin, XRP and BCH

17 Jun 2021 1 minute read 1 comment haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a uptrend. Here a price chart of five cryptocurrencies. Bitcoin/USD Bitcoin is at $39,773.37 at 1:44 PM GMT, with a gain of 1.81% in the past 24 hours. Bitcoin with its 24 hours high will set its...

Lightning Network, the solution to bitcoin scalability? - Part 1

17 Jun 2021 2 minute read 3 comments MikeZillo

The "flaw" in bitcoin transactions is speed. Reasonably, Team Nakamoto back in 2009, when designing the DLT (Distributed Ledger Technology) dedicated to Bitcoin, i.e. the Blockchain have imposed certain situations in order to make security as high as...

Meme Doge is sold for R$ 20 million on Ethereum

17 Jun 2021 1 minute read 6 comments MARY NEWS

Dog symbolizing the meme coin of the same name was turned into an NFT and sold The dog that symbolizes the cryptocurrency Dogecoin was turned into an NFT and this Friday became the most expensive meme in history. The auction took place on a speciali...

Bitcoin About to Break Out of Bottoming "Buy Zone"? (June 17 Forecast)

17 Jun 2021 1 minute read 0 comments Crypto Daily FX

Bitcoin fell a bit on Wednesday, dropping about $1,000 in response to the dovish FOMC minutes alongside TradFi markets which also dropped ~1%. This is minor inconsequential noise for Bitcoin as we flirt with a short-term higher to further complete a...