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.


Gatepay and Samsung Going to Collaborate

1 day ago 1 minute read HowToVids $0.19 tipped

As crypto industry is growing businesses are enhancing their services and making their businesses compatible with other businesses and updates. That is necessary for the business and market requirements. Sometimes efforts are combined that are benefi...

Is “social recovery” the right method for not losing access to your wallet and coins?

1 day ago 2 minute read NassiroV $0.18 tipped

Image Source Earlier this week, Peter Schiff said on Twitter that he lost access to his Bitcoins. He claimed that he did not forget his password, but that his wallet was allegedly corrupted. Just about 40 minutes ago, he tweeted again saying that th...

Tokenization! A New Frontier... Real Estate, NFTs and Bonds!

1 day ago 3 minute read teutonium $0.10 tipped

Tokenization... Ever since I was a little kid I wanted to invest! I wanted to make my money work for me, but I always got shut down... "You are going to lose all your money", "The game is rigged!", "What are you going to do about taxes!", so many exc...

From proof to proof until Proof of Sharism. SHARE = VALUE

1 day ago 3 minute read Lorenzo Pistolesi $0.06 tipped

At the beginning there were exchanges, a cow for a horse, eggs for milk, .... Then money come with proof of gold, until Bretton Wood 1944 Then banks started to mine using debts, proof of debt. And debt blew up as we can see on https://www.usdebtcloc...

How Many Cryptocurrency Projects Have Failed?

1 day ago 2 minute read crypto_moose $0.44 tipped

Currently, there are approximately 2,368 cryptocurrencies. And each year there are a small number of new coins introduced.  Of these projects it is interesting to ask how many cryptocurrencies have failed? It is easy to see the successes in cryptocur...

$14k BITCOIN SIGNAL! - 3 ALTCOINS TO WATCH - $75k BTC IF THIS FRACTAL PLAYS OUT! - MINI ALT SEASON!

1 day ago 1 minute read CryptoBitcoinChris $0.15 tipped

🔸🚀 Join the BEST trading group on YouTube! 🔸🚀🔸🚀 https://www.patreon.com/cryptobitcoinchris 🔸🚀🔸🚀 Crypto Payments Accepted! 6 month minimum 🔸🚀Crypto Discounts: 20% off 6 mos or 30% off 12 mos + 1 mo FREECrypto Payments: cryptobitcoinchris@gmail.com Ex...

LBRY Credits $LBC | 1 Year HODL Experiment | 1st Month

1 day ago 1 minute read Cryptolohy $0.04 tipped

This is the first month for the LBRY credits Hodling experiment, and, in order to make it more succinct as well as more interesting, I took the liberty to create an infographic with the information of this month's experiment.  The amount reported is...

22/01/2020 (ENGLISH VIDEO, YEAH ! ): THE CRYPTO BROWSER (Brave Browser) which REWARDS you in #BAT CRYPTO when YOU BROWSE THE WEB

1 day ago 1 minute read Digital Asset Thinker $0.09 tipped

Good day everyone, here is my new video about Brave Browser (IN ENGLISH, YEAH !) : Thank you. REMINDER : click here to  INSTALL BRAVE Browser and Be REWARDED In BAT CRYPTOCURRENCY EveryDAY For FREE   (affiliate link)   Click here to Earn Hundreds of...

Multi Token FOMO Divs | PrivaDivs

1 day ago 1 minute read Crypto-Hunter $0.09 tipped

What is PrivaDivs   This is a multi token FOMO Dividends game.Unlike other FOMO games, PrivaDivs lets you earn Big Dividends and Quickly!Boxes   Dividends inside your boxes will grow whenever other boxes are bought (by other players and by you).Divid...

Can Blockchain Disrupt Global Cross-border Payments?

1 day ago 2 minute read pheonixdown-dee $0.07 tipped

Blockchain and Global Payments   History of Global Payments Near the end of WWII, 44 countries met in Bretton Woods, New Hampshire. This was to decide how to handle rebuilding the world after the war. To simplify global transfers of funds, they agree...