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.


Why I'm Buying as Much Bitcoin as Possible Before FEBRUARY 3RD

24 Jan 2021 2 minute read 23 comments Ben Wehrman

TL;DR: Michael "Giga Chad" Saylor is cooking, and on February 3rd, his masterpiece will be unleashed...   Hello friends. If you haven't been paying attention, it's been a very not-boring start to the year for our favorite inflation hedge asset... B...

Exit Scams Are The New Trend

25 Apr 2021 1 minute read 17 comments Sir Loin

Late news: Turkish Crypto Exchange Exit Scam The concept of an exit scam is simple: a company accepts payments for orders but is not going to send them. This is done by both fly-by-night companies and companies with a good reputation. In simple words...

Crypto Passive Income Guide - 2021

8 Feb 2021 8 minute read 28 comments paragism

“If you do not find a way to make money while you sleep, you will work until you die.” - Warren Buffet Trading is one way to make money in the field of cryptocurrency but there is no assurance that you will book a profit. Trading also involves substa...

What is ChainX (PCX) and How Does it Work? | KuCoin Crypto Gem Observer

26 Mar 2021 2 minute read 10 comments KuCoin Blog

As big as the DeFi market has become, there has always been one major hurdle - that of Bitcoin. Bitcoin has the biggest market cap by far in the cryptocurrency industry, leaving a lot of potential on the table. What if it were possible to bring the r...

What Pi Network is up to in 2021 ?

4 Feb 2021 1 minute read 44 comments McAlex7

It's been a month since 2021 started and I wanted to make a little update about Pi Network, you know how much I like this project and I'm really excited about the launch of the Mainnet in late 2021. Pi is really going to take shape during this year,...

Will Serenity solve Ethereum’s issues?

12 Mar 2021 4 minute read 12 comments Dzoelx

Source Ethereum blockchain has cemented its reputation as a unique figure, a very iconic one to be fair. My first ever cryptocurrency was probably Cardano (ADA), but Charles Hoskinson was more popularly known as ‘Ethereum co-founder’ than ‘Cardano CE...

Making Maker: October 2020

14 Nov 2020 8 minute read 14 comments MakerDAO

Maker governance and community updates took center stage in October! The Maker Foundation’s Product team redesigned the Voting Portal to simplify proposal polling and voting, new governance Q&A sessions were announced, and the MakerDAO Community Dev...

CoinGecko AMA (March 2020) + $100 DAI Giveaway

4 Mar 2020 1 minute read 319 comments CoinGecko

Hi everyone! We will be running an AMA here on Publish0x! You are welcome to ask any questions that you have about CoinGecko here.  For the next 48 hours, Bobby Ong, co-founder of CoinGecko will be conducting the AMA here. So do please ask all the qu...

Presearch and WordProof Partner to Fight Fake News With Blockchain

5 May 2021 1 minute read 17 comments Presearch

Today, we’re excited to announce our partnership with WordProof to bring timestamped search results to Presearch. As the first search engine in the world to integrate WordProof’s universal blockchain-based timestamping system, Presearch will soon be...

Gold product release

24 Aug 2020 1 minute read 10 comments Synthetix Network

This post is another entry in our regular series in which we fill you in twice a month on all the front-end updates we’ve made across our dApps and website. Stay tuned for more updates!   Add fee reclaim/rebate events on Synthetix.Exchange As per SI...