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.


Olympics 2020: NFTs Second Drop is Out with 50 New NFT Pins Available

20 hours ago 2 minute read 1 comment JP Buntinx

Bitcoin Press Release: Over 5000 NFT pins are available for sale to celebrate the Tokyo 2020 Olympics. 30th July, Limassol, Cyprus — The second drop of NFTs dedicated to the Summer Olympics 2020 has already kicked off, coming 5 days after the first d...

CoinaryTV and CYT 📺

28 Jul 2021 1 minute read 1 comment Marekiaro

CoinaryTV is the largest and fastest-growing Spanish-speaking crypto Youtube channel in the world 🤯, and they have been developing Dragonary for months with the goal of creating an accessible blockchain-based play-to-earn game that will attract both...

After Many Years of Waiting, Iconic Artwork "CryptoMother" Signed by Vitalik Buterin Gets Auctioned Along With the Whole "Art of Blockchain" Collection

29 Jul 2021 5 minute read 0 comments NFT STARS

Among the myriad digital works of art in the world, only a couple of dozen can be said to have significant value within traditional Fine Art circles and the NFT sphere. This is mostly because they bridge the great divide between these two worlds and...

My HIVE status Post-Fork HF25: ATH in Rewards

23 hours ago 2 minute read 0 comments toofasteddie

July has been for me the most rewarding month since my departure here on HIVE(STEEM) 4 years ago.Obviously I have gotten a lot of curation rewards coming from the "Bug" as a "side-effect" of the HF25 deployment during the first week of life but then,...

COIN98 CONTEST

22 hours ago 1 minute read 1 comment Freecoins24

About: COIN98 CONTEST is live! Coin98 is an all-in-one DeFi Platform that aims to fulfill untapped demand in the industry and become a Gateway bridging TradFi users to any DeFi services on multiple blockchains. It accomplishes this mission thr...

zkTube's Ambition: In-depth Perspective on Layer 2 and Build a World-class Value System

28 Jul 2021 2 minute read 0 comments Aaron Wilson

From the outbreak of DeFi to NFT and the "Metaverse" ecological concept, the global blockchain industry has shown unprecedented kinetic energy effects. At the beginning of 2021, the price increase of various crypto assets is close to crazy, and insti...

Getting Started: A Beginner’s Guide to Cryptocurrencies for Individual and Institution

29 Jul 2021 3 minute read 0 comments Michael Olanipekun

  Background study Since the creation of bitcoin in 2008, there’s been a lot of uncertainty and speculation about what the future might hold for cryptocurrencies. Cryptocurrencies have been the subject of uncertainty, scepticism, hype and disillusion...

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...

Join the AMA of Satoshi Club x Peri. Rewards: 500 USDT, July 31st.

30 Jul 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on July 31st, 2021 at 03:00 PM UTC Time: Satoshi Club x Peri ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Peri Telegram group   We will have th...