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.


The Mystery of the Metaverse Gate: An Overview of NFT Evolutionary History and Trends

29 Jul 2021 13 minute read 1 comment LD Capital Research

  Author:LD Capital Research Edit: Noise z The full name of NFT, is Non-Fungible Token. It has the nature of being indivisible, non-interchangeable, and unique. At present, NFT is mainly used for cryptoart, game props, virtual goods, and tickets. I...

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...

Major Update for Tixl’s Cross-Chain Bridge

29 Jul 2021 4 minute read 0 comments Tixl

  Tixl’s Cross-Chain Bridge is evolving from being a Tixl side-project into something much bigger! From now on, it gets a higher focus within Tixl. Why? Because a well-recognized Cross-Chain Bridge fits in perfectly with the interoperability vis...

Can NFTs Truly Impact The Art Market? (Part I)

29 Jul 2021 6 minute read 1 comment Anton Dzyatkovskii

  This article was written by Jack H, Jamie M. and 3ArToken After a few rounds of blockchain fads, the focus is now brought to NFT, the non-fungible token, a new toy the blockchain world has introduced to the world. If you are not an insider in the c...

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...

Volatility of Bitcoin: Threat or Opportunity

29 Jul 2021 3 minute read 0 comments xuanling11

When people talk about volatility, they usually will associate it with risk. Particularly when people discuss Bitcoin, the first thing that comes to their mind is that it is risky. Why is Bitcoin so volatile and what makes it so volatile? But before...

Sustainable NFTs on Hathor Network

29 Jul 2021 3 minute read 0 comments Cyph3rpunk

The world of NFTs came into the spotlight in 2021 with many artists, celebrities and rappers selling artworks , soundtracks and memes for millions of dollars gathering the attention of the general public towards the decentralized world of blockchains...

Crypto.com Your one stop shop for your cryptocurrency needs

29 Jul 2021 2 minute read 0 comments Jhon04

If you are looking for a good quality all in one crypto platform than crypto.com may be the platform for you. Crypto.com offers competitive offers including paying for Spotify, Netflix and Prime with their crypto.com card. I have been using crypto.co...

CC345 - WOW Optimism L2 Solution on Uniswap V3

28 Jul 2021 1 minute read 0 comments Chesatochi

#optimism #uniswap #ethereum ⏰ Time Stamps ⏰ 00:00 Introduction02:08 Uniswap on Optimism04:32 Layer 207:36 Optimism gateway Wow, optimism is not functional for using Uniswap V3 on the Ethereum network. This will increase the trading experience with...

Bitcoin Technical & Sentimental Analysis 07-28-21

28 Jul 2021 4 minute read 0 comments xuanling11

Technical Analysis Bitcoins opens at $38K. It hits lowest at $37K and highest at $40K and stable around $39K ~ $40K. The average transaction fee is $2.48 which is 4.25% decrease from 07-25-21. Fear and Greed level is at 50. Here are some highlights...