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.


I still can't believe these scams are supported

2 Aug 2020 3 minute read 0 comments JungleOnion

So I've seen many projects come and go and it's always incredible to see the amount of people that are fooled (including me in the past) by projects that are nothing more than a website template and a generic white paper. The ICO pump and dump from 2...

ETH 2.0 - How Many Ethereum Do You Need for Staking?

2 Aug 2020 6 minute read 0 comments alexis29

If you have been following the crypto markets, which I guess you have been, that's why you're on this website reading this my article. You must have seen that the crypto markets, specifically Ethereum and Bitcoin have taken off over the last week or...

+1 271% in 1 month: why is the Aleph.im project so different?

2 Aug 2020 3 minute read 0 comments NassiroV

Image Source DeFi, short for "Decentralized Finance", surprises and detonates. After so much searching for the future Bitcoin, the cryptosphere seems to have found a new workhorse that combines innovation and financial opportunities. Aleph.im: the a...

Cardano (ADA) Crypto Project | The Japanese Ethereum

2 Aug 2020 1 minute read 1 comment NassiroV

Cardano is a decentralized protocol that works with a blockchain system that allows you to create free applications and formalize smart contracts, in its own Plutus language, for maximum security. Watch the video to learn more: Please feel free to s...

Decentralized Content Creation - What Are Your Options?

2 Aug 2020 4 minute read 3 comments JStack

Hello, everyone!   With censorship and hypocrisy becoming more and more prevalent in the mainstream social networks (Trump Banning Of TikTok) (Twitter Backdoor Exposed) (YouTube Ban Of Altcoin Daily) it appears more and more necessary to join a decen...

Iota IOT Crypto Project | The Next Generation of Distributed Ledger Technology

2 Aug 2020 1 minute read 0 comments NassiroV

IOTA is an open-source protocol that allows virtual money transactions and data exchanges. Its technology is fundamentally different from other best known cryptocurrencies. Designed in 2015, the particularity of Iota is its operation without blockcha...

Summary of the YouForia AMA, August 1st

2 Aug 2020 5 minute read 0 comments Newt

AMA took place here: https://t.me/youforia2020 All questions were answered by the dev quantumFLUX: Q&A: Q: How would you explain YFR to someone who has only heard of Bitcoin and has basically no knowledge about Blockchain tech? A: youForia offers a P...

( PI NETWORK ) PI CORE TEAM UPDATE : Apply to Speak at Pi Convention #2020.08.01

2 Aug 2020 2 minute read 0 comments JackYang

          According to an update from Pi Network (Pi Core Team) at 8:11 am on August 1, 2020. The Pi conference around the world will be held in Q3 this year and they are sending out announcements to find presenters to give talks and then choose to...

Superman NFT Sells for 27 ETH

2 Aug 2020 1 minute read 2 comments Tomadachi

A Superman inspired, one-of-a-kind, non fungible token (NFT) sold for a whopping 27 ETH last week, which at the time valued the artwork at over USD$10,000. Created by veteran comic book artist José Delbo, the piece titled "The Last Son of Krypton Fig...

Dash Product Update — August 2nd, 2020

2 Aug 2020 1 minute read 2 comments Fernando Gutierrez - Dash Core Group

This post was republished from the Dash Core Group blog. The original post can be found here.   Hello, Dash community! Dash Core Group is a decentralized and remote team that continues to deliver on the promise of financial freedom. Here’s what’s bee...