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.


WolfpackBOT Trading Bot

4 Apr 2019 3 minute read 𝓲𝓫𝓻𝓪𝓱𝓲𝓶 𝓖ü𝓵ş𝓮𝓷 $0.06 tipped

What Is WolfpackBot? WolfpackBOT is an advanced cryptocurrency trading BOT that executes trades securely by using the advanced trading algorithms, the “Werewolf” Trading Analysis configurations, and customized settings based on each user’s unique tra...

Can Blockchain technology solve the crisis of countries like Venezuela?

4 Apr 2019 2 minute read hashcash $0.95 tipped

Blockchain alone cannot solve the crisis that is currently plaguing the Venezuela. The reason for this is that no amount of technical and economic bolstering can fill the deficits created by a corrupt government. That being said, it is important to r...

Morpheus Network: A blockchain powered Global Supplychain.

4 Apr 2019 1 minute read Allen Walters $0.15 tipped

Morpheus Network was last year mentioned on Investinblockchain as one of the 4 tipped altcoins to HODL until 2020. Includes an integrated cryptocurrency payment system, connecting 1,600 banks across the world and integrated with SWIFT to enable direc...

Mining Rewards for April 4 Payouts Sent!

4 Apr 2019 1 minute read peterinprojects $0.03 tipped

The Mining feature of Tron Weekly Journal officially launched last March 21st and since then, the participants are entitled to a chance of getting the most of the 100k TWJ base reward plus the bonuses once every new target is reached. The first week...

What is the PIBBLE Platform? (part 1)

4 Apr 2019 4 minute read Bryan_Seoul $1.19 tipped

What exactly is PIBBLE? I know I have had a lot of questions about that. Well, if you search the name on most social media you will find we share the nickname with attempts to rebrand pitbulls. But, we aren’t just another crypto company with nothing...

universal basic income with the help of blockchain

4 Apr 2019 1 minute read Wow $0.01 tipped

Dont forget to join the digital UBI movement to receive free income as humanity is facing automation. get your free money:https://www.mannabase.com/?ref=c936ecc655   The People’s Currency Foundation (PCF) is a U.S.-based 501(c)(3) nonprofit that man...

DigiByte (DGB) a broad Altcoin community

3 Apr 2019 2 minute read Cryptoray $0.02 tipped

A brief overview of the beginnings, statistics, and value of DigiByte (DGB) DigiByte is an open source cryptocurrency that runs in the DigiByte Blockchain. An international decentralized blockchain created in 2013. History proves and we affirm that t...

THE EMERGING WORLD’S LEADING BLOCKCHAIN PLATFORM-AS-A-SERVICE (BPaaS)

3 Apr 2019 2 minute read Bobelr $0.01 tipped

AN OVERVIEW OF WHAT BLOCKCHAIN IS.   Overview of Blockchain The development of blockchain has been a reserved gift to the digital world but many enterprises, businesses, multinationals etc are yet to tap into its reality. If we must deeply examine th...

Stealth Grid's Technology Center News

3 Apr 2019 2 minute read Cryptoray $0.01 tipped

I write articles like this one in noticiasbitcoin.io, you can read on the website first.   Stealth Grid's Technology Center News The Stealth Grid's Technology Center (in India) will offer a wealth of features that will enable Stealth Grid Ltd. to mor...

Stellar | Reasons why it will succeed

3 Apr 2019 2 minute read Blockspectator $0.01 tipped

  Stellar (XLM) is the project of a non-profit organization called the Stellar Development Fund. Stellar’s mission is to create a financial platform where individuals across the globe and in developing countries can access low fees, secure and ea...