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 Dat Money! (NFTs, Storage, Defi)

16 Jun 2021 1 minute read 0 comments TheCryptoCurator

BOOM! Over $1B once again flows into Digital Assets and Blockchain Projects and the projects getting funded and by who just blows my mind. Fox Corp will make available $100MM for NFT projects. If anyone thinks NFTs are a fad, think again. If anyone t...

Full time Crypto - Part 1

16 Jun 2021 4 minute read 1 comment DJOesch

HTML In part one of my journey I will cover the basics of HTML (or Hyper Text Markup Language) as that is the place one finds the background or fundamentals for learning coding. HTML is mostly outdated, but it isn't very difficult to learn, and give...

Is DOT too expensive?

16 Jun 2021 1 minute read 0 comments eltoro0x

  DOT is now available in Coinbase Pro, the trading will start today at 9 AM (PT) or maybe a bit after if the liquidity conditions are not met. Anyway soon, DOT will be available on Coinbase and the Coinbase mobile app. Usually Coinbase announce this...

HUDI: FANTASTIC PROJECT!!!

16 Jun 2021 1 minute read 0 comments Earningbtclegit

🚀🚀🚀🚀🍾🍾🍾🍾🔥🔥🔥🔥Hello guys today i want to show you this fantastic project that promise to keep earn from data!!! The project is called "HUDI", or "Human Data Income", and its a project that aims to make all our personal data monetizable, so far exploite...

World Economic Forum Weighs in on Cryptocurrencies with Beginner's Guide | REKTimes News

16 Jun 2021 3 minute read 4 comments REKTimes

16 June 2021:  In a report recently released by the World Economic Forum, a number of authors and prominent members of the cryptocurrency community put together a beginner's guide targeting institutions and future investors whom may be interested in...

BCH Recovery

16 Jun 2021 1 minute read 0 comments Hermitworldwide

Before Igor start his crack down on low quality content I'd like hall to help me out. Ive been using read.cash for sometime now, since end of last year. My first wallet actually is inaccessible with some BCH. it's one of those things I did as I start...

Decentralized Application(DAPP) Basics For Absolute Beginners

16 Jun 2021 4 minute read 2 comments CryptoWise

What are DApps & How Does It Work? Is What we will explore in this piece    I Feel: When technology starts respecting user privacy and is willing to decentralize the control of the data generated by humans securely and with the required transparen...

Order of Other NFT collection updates - June 2021

16 Jun 2021 1 minute read 1 comment Ceekz

This is the latest addition to the Order of Other NFT collection updates. It has been a month since the last update and it was due time to let you know how the project is progressing and what are the latest news. First things first, for the ones who...

ADX Now Available for Borrowing and Lending on Yield Credit

16 Jun 2021 1 minute read 0 comments Vanina

We are happy to announce that ADX is the newest asset listed as collateral on the Yield Credit DeFi platform. Yield Credit is an individualized on-chain lending platform that utilizes borrowing and lending of crypto assets for a short period of time...

Yield Farming on Polygon - Why you should consider getting in NOW

16 Jun 2021 4 minute read 4 comments carlaincomin

Yield Farming is a great way to let your assets work for you. For many of us the major concern with yield farming may be gas fees. Even if you earn some hundred or even thousand percent APY it’s not worth anything if you have to spend several bucks p...