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.


30 Jul: Far-Reaching Regulation

30 Jul 2021 1 minute read 2 comments TheCryptoCurator

"Your positive action combined with positive thinking results in success."-Shiv Khera Big news of the day is new bill proposes US Treasury to have full authority over fiat stablecoins. Watch the Video of the Day as Austin covers the big news about Pa...

CC346 - IoTex Powerful Ecosystem of Internet of Things

30 Jul 2021 1 minute read 2 comments Chesatochi

#intex #iot ⏰ Time Stamps ⏰ 00:00 Introduction01:46 The main page of IoTex04:19 Welcome to the internet of trusted things07:35 IoTex 202111:44 Important metrics about IoTex IoTex combines the power of crypto and the Internet of Things together. Two...

All you need to know about Lightning Network – Part Two

30 Jul 2021 1 minute read 0 comments Farshadhn

  In the previous article, we introduced the Lightning Network and the factors influencing its emergence. And we also mentioned the main features that come with this network. In this article, we are going to go one step further and explain how transa...

COIN98 CONTEST

30 Jul 2021 1 minute read 1 comment Freecoins24

About: COIN98 CONTEST is live! Coin98 is an all-in-one DeFi Platform that aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission thr...

My HIVE status Post-Fork HF25: ATH in Rewards

30 Jul 2021 2 minute read 0 comments toofasteddie

July has been for me the most rewarding month since my departure here on HIVE(STEEM) 4 years ago.Obviously I have gotten a lot of curation rewards coming from the "Bug" as a "side-effect" of the HF25 deployment during the first week of life but then,...

NetBox Browser, Earn NBX tokens For Using The Web!, You Can Also Stake Your Earned NBX Directly In Browser! - Better Rewards Then Brave!

30 Jul 2021 6 minute read 0 comments ralleeee12

NetBox Browser, Surf, Earn, Stake - For Good Rewards Free!   NetBox Browser Netbox is a browser that's decentralized and the community has a big part in decisions regarding Netbox's future developments. You earn their native token NBX for browsing th...

Join the AMA of Satoshi Club x PeachFolio. Rewards: 500 USDT, August 1st.

30 Jul 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on August 1st, 2021 at 03:00 PM UTC Time: Satoshi Club x PeachFolio ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join PeachFolio Telegram group   We...

Join the AMA of Satoshi Club x Peri. Rewards: 500 USDT, July 31st.

30 Jul 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on July 31st, 2021 at 03:00 PM UTC Time: Satoshi Club x Peri ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Peri Telegram group   We will have th...

A World’s Giant Investment bank; Goldman Sachs showing their ignorance of Blockchain and DEFI!!

30 Jul 2021 3 minute read 6 comments Greenchic

  As crypto enthusiasts we definitely should know something of what is Blockchain, and Decentralised Finance, but can you believe that Wall Street investment bank Goldman Sachs don’t seem to show a basic understanding of Blockchain and Decentralised...

Does Amazon Support BTC Shopping❓

30 Jul 2021 3 minute read 2 comments Willson-Deng

Affected by Amazon's support for cryptocurrency payments, Bitcoin ushered in a surge at the end of July There has been a sudden wave of small outbreaks of Bitcoin recently, which caught many people by surprise. In fact, it is not surprising that Bitc...