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.


Ethereum is the pace-setter in cryptocurrency ICO.

24 Feb 2021 3 minute read 14 comments Dzoelx

Trade ethereum on Bityard You probably know ethereum for a couple of things including; the second biggest cryptocurrency, worth over $1000 per token and probably, one of the most used blockchain till date. But if you have a diversified cryptocur...

Do you want to learn to develop dApps?

26 Jun 2021 6 minute read 21 comments Mynima

Introduction So given my background (as a programmer) there is has definitely been the cosmic pull from the crypto-space for me lately. I really enjoy writing about crypto-projects each week but until recently hadn't done much more then interacted wi...

Dogecoin (DOGE) Skyrockets To New All-Time Highs - Here’s What Happened

20 Apr 2021 3 minute read 15 comments KuCoin Blog

Even though Dogecoin was initially created as a joke cryptocurrency, its recent price performance is nothing to joke about. The meme-based cryptocurrency experienced yet another price surge that brought it to a new all-time high of just under $0.45 a...

ADA Experiences A Bullish Day As It Overtakes BNB For 4th Place

30 May 2021 3 minute read 11 comments Vendata

Cardano (ADA), the public blockchain that has recently gained lots of popularity, has had a bullish day, rising over 10% over the past 24 hours to surpass the native token of centralised exchange Binance Binance Coin (BNB) to take 4th place. Brief An...

EOSwriter: EOS to The Layman

20 Nov 2020 4 minute read 21 comments Thomas Wolf

It is essential to address the elephant in the room within the Cryptowriter demographic:  It is largely an EOS supporting community that makes some users care a lot less about other cryptocurrencies.  I am far from an EOS veteran like Dan Larimer, bu...

The Hype Around BitTorrent Founder’s Chia

17 May 2021 4 minute read 14 comments paragism

Cover photo by Paul Blenkhorn @SensoryArtHouse on Unsplash Some days ago Elon Musk, founder of Tesla, announced on Twitter that the automaker has suspended vehicle purchases using Bitcoin with the concern of rapidly increasing use of fossil fuels fo...

Top 10 Crypto-friendly Countries

11 Jun 2020 7 minute read 15 comments NOWPayments

That’s one thing to look at when observing whether a country is welcoming cryptocurrency. The other aspect is the acceptance of businesses in the cryptocurrency space, how crypto-friendly are these countries. Today, we look at the top 10 countries wh...

😎 What Is Matic Network and How to Use It with MetaMask?

11 Mar 2021 2 minute read 10 comments Dapp.com

  Infrastructure Built Ready For Layer 2 Onboarding   6 months after its mainnet goes live, Matic has nearly 150,000 wallets created. To compare, Polkadot has less than 50,000 mainnet wallet address almost 4 months after the mainnet launch, accordin...

6 Most Sustainable Cryptocurrencies

26 Jul 2021 3 minute read 28 comments NOWPayments

July 26, 2021 by NOWPayments.io Cryptocurrency is innovative, inspiring, intriguing, intricate, immensely imaginative, ideaistic even and idealistic, impactful. Crypto is still in its early stage, it’s a bit eccentric, very economic, educational, eff...

Fixing Or Cancelling Pending Ethereum Blockchain Transactions And Adjusting Gas Fees

12 Dec 2020 2 minute read 33 comments Smoljanović

Fixing Or Cancelling Pending Ethereum Blockchain Transactions And Adjusting Gas Fees It is always a good idea to examine estimated gas fees and adjust them accordingly. A pending transaction can linger a long time if gas settings are set too low. A...