Blockchain News, Opinions and Analyses created by users.

Blockchain

16,277 Articles 157 Followers

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.


The Work From Home Crypto Solution

4 Apr 2020 1 minute read 30 comments Scott Cunningham

With unemployment hitting record-high numbers, a lot of people are out of work and are stuck at home. Many people will be looking for a work from home solution but will find most to be unfulfilling. This is where crypto-monetized and blockchain socia...

4 News From This Week You Should Know (8 to 14 June)

14 Jun 2020 3 minute read 11 comments McAlex7

A pretty calm week in comparison to the previous ones but still interesting with the launch of an ambitious project and some surprising facts. I think it is really captivating to follow the evolution of the cryptocurrency world each week it gives us...

Create Your Own Cryptocurrency Token In Less Than 10 Minutes

12 Jun 2020 6 minute read 28 comments The Part Time Economist

If you have ever thought of creating your own cryptocurrency token, then this article is for you. In today's article, I will show you how to create your own cryptocurrency token in less than 10 minutes. To create your own cryptocurrency token, we wil...

Dissection of my first trading experience in Zero Maker Fee Loopring privacy DEX

27 Apr 2020 4 minute read 11 comments paragism

  Cover  Image Source I started my crypto trading in a centralized exchange (CEX). Most people start trading in crypto like this only. Maximum CEXs need the user’s KYC, phone no etc. to access easy and fast trading experience. It was a bit awkward to...

Top Things You Should Know About Band Protocol (BAND)

15 Jun 2020 9 minute read 14 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the up-and-coming decentralized oracle platform – Band Protocol (BAND). Band Protocol is a cross-chain data oracle platform that ensures interoperability between smart contracts...

Hodl, Sell or Consolidate? | Part 1

20 Jun 2020 9 minute read 20 comments Mynima

Introduction I recently completed a multi-coin review and move of my crypto assets as a part of the Atomic Wallet writing competition. This got me thinking about all the smaller pots of crypto I've picked up over the years which has inevitably led to...

0Xuniverse: the game, the future, the growth, the increasing teamworking, the investment case

21 Feb 2020 15 minute read 25 comments HourImagination

Introduction I have setup a goal: convince as many as possible of you to try 0XUniverse and join a growing cooperative community. I will describe: 0xUniverse history (game foundation) How to enjoy and break even playing 0XUniverse Hints for new sta...

Is Electroneum (ETN) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

9 Apr 2020 8 minute read 14 comments CryptoBoomer

The world of cryptocurrencies has been gaining better and bigger use cases as time goes by but critics keep saying that the crypto space still lacks adoption. Electroneum is one of the newer altcoins that try to fix this problem by targeting mobile...

Top Things You Should Know About Monero (XMR)

10 Apr 2020 12 minute read 20 comments MuyAsk

Hey guys :) Today I’ve got for you, a comprehensive list of questions and detailed answers to help you understand the most well-established and successful privacy-focused cryptocurrency in the world – Monero (XMR). But before we dive in, if you haven...

Here Are 10 Bitcoin Affiliate Programs That Can Earn You Money!!

13 Apr 2020 2 minute read 13 comments CryptoCurrencyExchanges

Many people are currently stuck at home with nothing better to do.. so today i thought i would show everyone 10 great ways to earn bitcoin online. There are many different bitcoin affiliate / referral programs - although many of these offer shit prod...