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.


BSN, China’s Blockchain Service Network Is Live

28 Apr 2020 2 minute read 2 comments Cryptos.com

According to Weixin‘s QQ portal, China’s Blockchain Service Network (BSN) which is currently in beta, was set for a global launch on April 25. The network led by the State Information Center promises to offer BaaS (blockchain as a service) to everyon...

Binance News

28 Apr 2020 1 minute read 0 comments deleted0007

Hello  The Binance crypto exchange once again shows that it is rightly one of the best exchanges in the world. She presents us with news on her platform every month, but now it's even bigger. The exchange introduced its own Binance Pool platform, whi...

So,What are you waiting for? Time to jump in for Exode

28 Apr 2020 1 minute read 2 comments Rajat G

Couple of months back, a   indie game developer  decided to build a game in Steem Blockchain. It is the project of his dream and more accurately it is the project that he dreamed but pending to become a reality. Project is named as Exode,a space them...

Trump and Larry Ellison's 'Big Data Plan' to Fight Coronavirus

28 Apr 2020 2 minute read 0 comments Greem

Recently, Forbes published an article entitled. “Larry Ellison Reveals his Big Data Plan to Fight Coronavirus, in partnership with Trump White House.” While I won’t bore you with a complete rehash of the article I will save you the clickbait and crea...

A Mini Fridge Filled With Green Karma Beer!!! - Blockchain Coffee Describe Your Table

28 Apr 2020 2 minute read 0 comments d00k13

Another day come and another day go, been a hectic first week back at work but I have made some progress in staying daily with my new setup. Much refinement needed particularly for video if I wish to be a daily creator... which leaves me short on...

FREE LITECOIN

28 Apr 2020 1 minute read 1 comment Marekiaro

I have tried this application for three weeks and now I show you the results that I have obtained .. With our 4 year history of creating faucets, incentive apps and giving away Bitcoins, we are finally bringing this to Litecoin!In the app you can cla...

Bitcoin's correlation with Standard and Poor's shares globally ?

28 Apr 2020 1 minute read 0 comments Mrhenryvider

Speaking at the Virtual Blockchain Week 2020 event, cryptocurrency analyst Mati Greenspan explained that Bitcoin (BTC) and legacy assets are now more closely correlated than ever before the rise of COVID-19.  The founder of Quantum Economics shared...

Binance coin burning

28 Apr 2020 1 minute read 0 comments deleted0007

Hello Today we look at the Binance coin. If the name tells you anything, it's probably because Binance as a stock market is one of the largest in the crypto ecosystem. This exchange has its own coin, which has long been maintained in the TOP20 of the...

What available jobs and new skills are needed under a COVID Economy

28 Apr 2020 4 minute read 0 comments pheonixdown-dee

Times are tough, and it may get even tougher. In the last 5 weeks the US economy has seen a staggering 26 million file for unemployment. To put that in perspective, in the last decade 22 million jobs have been created in the US alone. Progress wiped...

Coin Contest İn Partnership With Kucoin With Winplay

28 Apr 2020 1 minute read 0 comments I'm cripto's tesla

Coin Contest İn Partnership With Kucoin With Winplay   This project, conducted with Kucoin, gives a certain amount of coins to the contestants who are among the top 200 or 500 by the end of the competition, who collect points by performing various ta...