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.


FOLLOW-UP: SCAM ALERT - Phishing attempt against Celsius Network - Whereabout of the Victim's Funds

25 Jul 2021 4 minute read 0 comments MJangry

This is a follow-up to a post by scubiedoo warning about scammers began to exploit the compromised wallets from Celsius Network phishing scam published on 11st May: https://www.publish0x.com/mycryptolife/follow-up-scam-alert-phishing-attempt-against-...

What if.. Bitcoin goes to $0?

30 Jul 2021 4 minute read 2 comments Lucasgaio

Is this possible?  Can Bitcoin go to zero? Is it possible that something so important happens to the entire network that it loses value?   Don't trust, verify!   In this article we will analyze the concrete chances that Bitcoin (BTC) has of failin...

Upland Transactions Analytics - Pilot Episode

29 Jul 2021 4 minute read 2 comments SirDevil

  Upland Transactions Analytics   Hello everybody and welcome the the first episode of the series Upland Transactions Analytics! Before we dig into all the "boring" details some things needs to stated or clarified first: Data is publicly available...

How to Accept Bitcoin on Shopify

30 Jul 2021 1 minute read 2 comments BitcoinPoliticalEnthusiast

Shopify is one of the largest eCommerce platforms on the internet. Operating your store on Shopify means you’ll get good support, efficient software, and strong name recognition. Now you can accept Bitcoin on Shopify stores too! With Blockonomics’ Di...

Apps That Make you Passive income from your phone

30 Jul 2021 2 minute read 2 comments Jack216

Apps That Make you Passive Income Part 6 In today blog I'm going to cover some apps you can download to start making money. These apps are great for building up your passive income. I've personally tested all theses apps so that you know that their l...

T.K.O. Summit 2021: Unlocking the Key to the Future of Cryptocurrency in Asia

29 Jul 2021 2 minute read 1 comment TKO by Tokocrypto

After successfully holding various global blockchain events such as Indonesia Blockchain Week 2020 and BSC Summit 2021, Tokocrypto upped the ante when more than 36,000 attendees from over 11 countries attended the virtual T.K.O. Summit 2021 on July 2...

Bitcoin Sentiment Reverting Back to BTFD? (July 30 Forecast)

30 Jul 2021 1 minute read 0 comments Crypto Daily FX

Bitcoin fell a hair on Thursday, trading right around the $40K level before closing the daily candle just underneath, giving us a quiet sideways Thursday candle. Following the early-week breakout higher, BTC could take a few days or even a couple wee...

Public Nodes vs Getblock Shared Nodes vs Getblock Dedicated Nodes: How Do They Differ?

29 Jul 2021 2 minute read 1 comment GetBlock

Why are GetBlock nodes better than regular public nodes? While they access the same blockchains with the same throughput, there are some striking differences. Here’s why accessing mainstream blockchains via shared or dedicated nodes by GetBlock will...

Project Catalyst - Cardano DAO - Video of Voting in Fund5 in the mobile app

30 Jul 2021 1 minute read 0 comments Cryptotexty

I've recorded video from Catalyst voting app for educational purposes. Especially for the people outside of Cardano ecosystem this might be useful to see how the big crypto-DAO is emerging. Thanks for watching. If you delegate or plan to delegate yo...

O3 Swap Ice Age Mining #4: Supports cross-chain liquidity mining & O3 staking on Polygon

29 Jul 2021 1 minute read 1 comment O3 Labs

Event Details: O3 Swap launches the Ice Age Mining #4 on Polygon chain start from 4 AM, 29th July 2021 (UTC). Support USDC cross-chain liquidity (LP-USDC) and O3 (Polygon) staking. Staked O3 is not available to unstake during the event: 2,400,000 Po...