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.


TikTok BANNED: Turn to VID, The FUTURE of Social Media!!!

18 Sep 2020 5 minute read 2 comments MaddCryptoDogg

Join Today Earn Tomorrow, Social Media The Way it Should Be.   Just to get this out of the way, I have never used TikTok VID is a social media platform that has been around for a little while now, they have a native token called VI (Value Income) an...

Latest Rumours... Fiat Out in Upland – Coming Very Very Soon

18 Sep 2020 3 minute read 0 comments Gawbie

Fiat Out in Upland, what’s that? A type of car on the blockchain? Fiat out is the one that everyone has been waiting for! UK Uplander believes that Upland is set to introduce the system where you can sell your virtual assets for real world money (...

Dash Launches Dash Platform Video Series

18 Sep 2020 1 minute read 0 comments Tao of Satoshi

On Friday, September 18, 2020, the Dash Core Group, in partnership with Amanda B. Johnson, released the first installment of a video series aiming to explain the intricacies of the upcoming Dash Platform. In the video, Amanda B. Johnson noted that w...

The Play2Earn Report - Look At Me, I'm A Dolphin Now!

18 Sep 2020 5 minute read 6 comments Khazrakh

Well, what can I say, this has been the craziest world in my blockchain life up until now. I was browsing peakd.com when I stumbled across this post by @rondras. I had only been using Uniswap once or twice for tiny amounts of crypto so I was sure I w...

STOP Logging In to Your Crypto Wallet! Time to Replace.

18 Sep 2020 2 minute read 13 comments BryRi

  This 1 habit change will increase your security ten fold. Whether you are looking by the minute, day, month or year, every time that you access your digital wallet you are exposing what's inside. STOP Logging In to Your Crypto Wallet! What is the A...

RECAP - NULS x SatoshiClub AMA from 10 September

18 Sep 2020 17 minute read 0 comments NULS

People who invest in the future are realists. (с) Satoshi Club, as well as our guest today, are focused on the future. And we would like to tell you about the AMA session with our friends from NULS. The AMA took place on September 09 and our guest wa...

👉 Purchase A Private Jet With Bitcoin

18 Sep 2020 1 minute read 0 comments Gary Leland the Bitcoin Boomer

⏰ 4 MINUTE #BITCOIN SHOW #635 According to a report from the news outlet Business Insider, U.S. based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for 40 million dollars or roughly 3750 Bitcoin. 🎥YOUTUBE https://youtu.be/TP11-ET...

The Latest News in Cryptocurrency Developments: September 16th 2020

18 Sep 2020 1 minute read 0 comments coinpass Global

It’s that time of the week! Where we discuss the latest happenings in the crypto and blockchain space. A prime topic this week is how cryptocurrency regulation is being implemented across the globe. Nigeria makes bold moves towards regulating crypto...

Talking Dash Platform, Venezuela, and Kraken!

18 Sep 2020 1 minute read 0 comments Tao of Satoshi

I finally had a chance to test out the iOS version of Dash Platform, and will share with you my early impressions. LocalCryptos pointed out that gas fees on Ethereum have the potential to wipe out large chunks of savings for people that put faith in...

DEGO DAO aims towards improving the growth of DeFi DAO Ecosystem

18 Sep 2020 3 minute read 1 comment Decentraliza

  General Presentation Decentralized Finance popularly known as De-Fi is a fast developing sector in crypto industry . The conventional crypto currency established a decentralized system that stores value which is quite seperated from the government...