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.


Visualize Blockchains with a Bus Stop Analogy - TxStreet.com

24 Jan 2021 1 minute read 28 comments The Part Time Economist

Understanding block times, mempool size, median fees, and pending transactions is key to understanding not only how blockchains work but for comparing and contrasting different chains. Unfortunately, this can be rather technical and sometimes a graph...

Publish0x Q2 Update: Multiple QOL Updates and Continuous Growth

8 Jun 2020 5 minute read 37 comments Igor Tomić

It's been about three months since the last update, and it's due time for a new one. Here's what we've been up to in the last three months - from multiple "Quality of Life" type updates to make using Publish0x more pleasant for both users and authors...

Why I believe That The Future Of Presearch Is Bright 😎 $PRE Is As Solid As $BAT

4 Jul 2020 5 minute read 61 comments Cryptonator`s

When you use Presearch to search the web, you will be rewarded with Presearch tokens (PRE). These PRE tokens can be used to buy services or they can be traded for other cryptocurrencies. In this post, let`s have a closer look at the development of Pr...

Things That Beginners Shouldn't Do In The Crypto Space

30 Apr 2021 11 minute read 10 comments Jane1289

The crypto space is so complicated just like how to decipher the nodes and codes on the blockchain. As a NOOB, you will definitely be lost in this huge space if you don't have any idea what's going on inside. From smart contracts, trading, swapping,...

Bitcoin Lightning: Why You Need to Know About It!

12 Apr 2021 5 minute read 9 comments johnwege

Bitcoin has been on quite a roll recently; maintaining a price of around $60,000.  Already a 3x from the all-time high of the previous bull market in 2017.  Most bitcoin experts are predicting that bitcoin has a lot of energy left in the tank to go m...

So what’s happening with doge?...

8 May 2021 2 minute read 23 comments Hippos4ever

Besides going to the moon, lots of things it seems. Doge coin this year has seen gains. Like massive gains. Moon doesn’t even describe it. In terms of financial gains, for lack of a better term, record wise, they are currently the top dog. All time g...

Polygon Crypto Price Prediction. What Is Polygon MATIC Crypto? Is MATIC A Good Investment? Where To Buy MATIC Coin?

28 May 2021 3 minute read 2 comments StealthEX

If you look for information on Polygon price prediction, you have come to the right place. This article will also tell you what Polygon crypto is, MATIC crypto news, and where to buy MATIC coin, by the way, the best choice is StealthEX. So let’s find...

UMA + Harvest Creativity Contest

21 Jun 2021 1 minute read 10 comments Farmer Chad

To celebrate the latest collaboration between UMA + Harvest.Finance — the launch of fCASH — we are kicking off a little creativity contest for defi fans to participate in.   The theme is Super[h]UMAn Farmers. Think farmers with amazing superpowers, c...

Ethereum Price Prediction End Of 2021, Check It Out!

23 Jul 2021 3 minute read 12 comments StealthEX

Check out the Ethereum price prediction end of 2021. Learn more about what Ethereum network is. See the historical Ethereum price chart and decide for yourself is Ethereum a good investment 2021. Find out how to buy and sell ETH crypto on StealthEX....

Is It Worth Checking Out Fantom (FTM)? Reviewing the Blockchain Built for DeFi

4 Jul 2021 4 minute read 12 comments Absolute Unit

Fantom (FTM) is once again on the rise. Over the last 3 days it's Total Value Locked (TVL) has gone from ~$130m to ~$200m, drawing near to it's all time high of $256m. This sudden spike in TVL didn't come out of nowhere. Curve, the vastly popular sta...