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.


Chainlink (LINK): latest news

23 Oct 2020 2 minute read 1 comment odisseo

Chainlink recently announced several positive news and this is definitely contributing to the asset's price rise. In detail, Chainlink has announced that its VRF function, or the Verifiable Randomness Function, has landed on the Ethereum mainnet. It...

Money from Bling games!

23 Oct 2020 1 minute read 0 comments Kimster

Hi this is my next post. In my post i show you how many money i do with Bling and PlayDay games. I send this money to my CoinBase wallet. Create COINBASE wallet with this link  https://www.coinbase.com/join/kristi_g1.   I start play this games 25.12....

Bitcoin in the uptrend; This time it is different!

23 Oct 2020 1 minute read 0 comments Ana_2020

The recent jump in the price of bitcoin, thanks to the news of the entry of People into the field of digital currencies, has raised the hopes of the holders of this digital currency to rise further. Many analysts now believe that this ascent is diffe...

change your life today

23 Oct 2020 1 minute read 0 comments nexiux

There are many pages or platforms to earn money from home but over time many end up not paying and become scam ... I want to present one that has been managing and making many people happy every day for 3 years. It is a manager that is committed to d...

👉 Microsoft and Apple Will Buy Bitcoin

23 Oct 2020 1 minute read 0 comments Gary Leland the Bitcoin Boomer

⏰ 4 MINUTE #BITCOIN SHOW #660 Raoul Pal, co-founder and CEO of Real Vision Group, says some of the biggest companies in the world like Apple and Microsoft start sinking cash into Bitcoin within 5 years to protect their capital from dollar devaluatio...

Quantstamp will audit Equilibrium’s core system components

23 Oct 2020 1 minute read 0 comments Equilibrium

Equilibrium is partnering with Quantstamp, a leading international auditor whose mission is to secure the decentralized internet. Equilibrium is the first Polkadot-based project that will be professionally audited. While Quantstamp has wide experienc...

NULS Bimonthly Report for the First Half of October

23 Oct 2020 4 minute read 0 comments NULS

Technological Progress 1. Designing of Nabox plug-in on Chrome has been reviewed completely and is now under development. 2. Nabox IOS has been developed completely. This will support the cross-chain transfer function and has currently entered its te...

The Nexus mobile wallet: embodying the next evolution of blockchain technology

23 Oct 2020 2 minute read 2 comments Nexus.io Blockchain

When Bitcoin burst onto the scene in 2009, many early adopters realized that cryptocurrency could change the world. These pioneers were the first of many yet cryptocurrency remained elusive for everyday people, a technological marvel that required ad...

What Is Blockchain Explorer and How Does It Work

23 Oct 2020 2 minute read 0 comments GetBlock

Blockchain is a decentralized, distributed database with constantly changing information. It is an endless digital magazine with information on various exchange operations other than the cryptocurrency. The blocks content should be analyzed. They inc...

EOSIO Weekly (October 22, 2020)

23 Oct 2020 1 minute read 0 comments Jimmy D [Upliftnation.io l Vigor.ai ]

Welcome to the very first official episode of EOSIO weekly. In this show co-hosts Corey and Jimmy D plan to go through some of the most pressing events in the EOSIO space of the week and usually get lost in the process. As this is the first one we ar...