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.


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...

Anonymous BSC Review

16 Jun 2021 10 minute read 4 comments Smash and Grab Crypto

One of the Very best things to happen to crypto in 2021, at least in my opinion, was when ANON chose to join the ranks of our crypto communities. Then again, I have a sneaky suspicion they've been a part of our world for some time now, lurking and wa...

The only way to secure our Liberty is Bitcoin (Cryptocurrency)

16 Jun 2021 2 minute read 4 comments Wolf2015

Yesterday, I wrote an article about the fact that cryptocurrency, the true cryptocurrency, is far better than Fiat Currency, or currency circulated by force. https://www.publish0x.com/my-crypto-info/cryptocurrency-bitcoin-bypasses-fiat-as-a-currency-...

CC306 - Gala Games Outstanding Blockchain Games Ecosystem

16 Jun 2021 1 minute read 0 comments Chesatochi

#galagames #townstar #blockchain Gala Games is an ecosystem where you will eventually have access to many blockchain games. Right now the only working game is Town Star developed by Gala Games. You can try it! Now sit down and relax while watching t...

Ethereum Technical Analysis 06-16-21

16 Jun 2021 4 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $2.5K and goes down around to $2.4K and stable around $2.5K. The average transaction fee is $4.24 which is 1.44% increase from 06-15-21. Ideally, gas fee should below $10 and it is low now. Ethereum is strong sup...

Bitcoin Technical Analysis 06-16-21

16 Jun 2021 4 minute read 0 comments xuanling11

Technical Analysis Bitcoins opens at $40K and goes down to around $38K and stable around $37K ~ $38K. The average transaction fee is $6.34 which is 1.55% decrease from 06-15-21. As I mentioned yesterday, Bitcoin drops around $30K since All Time High...

'From still going strong' ...... there is .... "TRON"

16 Jun 2021 2 minute read 8 comments Chicharlichi

                               'TRON stands                           strong'       TRON is 'Crypto', -whats also is like most known 'Crypto'-, 'The Bitcoin! Used on a 'decentralized network also know'n as 'Peer to Peer'. The formula of 'Cryp...

Decentralized Autonomous Organizations

16 Jun 2021 4 minute read 5 comments CryptoWingnut

In today’s post, I’m going to expand upon what I’ve already covered when we discussed smart contracts and decentralized applications and look at decentralized autonomous organizations (DAOs). These take what would traditionally be an organizational s...

What do you think? Sound off. ⬇️⬇️⬇️

16 Jun 2021 1 minute read 0 comments CryptoforNomad

High Interest Savings Accounts, Annuities, Certificate of Deposit, US Savings Bonds, and Tax liens.  What do you think? Sound off. ⬇️⬇️⬇️ https://cryptopreneurs.online/juneteenth-summit #Cryptopreneurs #Cryptoland #Juneteenth #JuneteenthIndependence...

Algorand (ALGO): Decentralized & Fast Smart Contracts

16 Jun 2021 4 minute read 2 comments MintDice.com

When it comes to cryptocurrencies, there are a few major issues facing the technology. And the main one is that it is nearly impossible to have full decentralization along with full security and full scalability. All one has to do is look at the scal...