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.


Patience Is All You Need

4 hours ago 3 minute read 1 comment lordneroo

This has been the golden rule in crypto since day one. If you love crypto, you should just keep stacking and stop asking questions. Just make sure to only use money you don't really need. Always do your own research, reach safe conclusions, pick th...

What the Flux (FLUX), Man?!

22 Jul 2021 3 minute read 11 comments BussTechno

I noticed a few weeks ago that my Alt's Twitter feed started becoming inundated with tweets about the Flux blockchain.  Which got me wondering... Why?  Did I see or read something about FLUX and rage-drunk follow a bunch of accounts?  Did I accidenta...

My Defi Pet; Could be the next AXIE?

8 hours ago 1 minute read 0 comments LeiTrades

Non-fungible tokens or also known as NFT have been excessively competitive in the Crypto world. NFT's constitute to represent data such as photos, videos, audio, and other types of digital files. The sprouting of NFT's has become a huge building bloc...

Amazon is looking for many blockchain positions

26 Jul 2021 2 minute read 0 comments eltoro0x

Amazon is looking for many blockchain positions   It's been a while that we know Amazon is looking for many experts in blockchain. But now Amazon position is very open about it, but let's be clear they are looking for blockchain experts but they didn...

Appreciate Coin: The Crypto Coin to Say 'thank You' to Others.

26 Jul 2021 3 minute read 0 comments Top ICO

There are various ways that people usually do to be able to appreciate other people. Most people usually use the money to express their gratitude to someone who has helped them with a task or solved a problem. Usually, internet users send money t...

New DeFi Protocol Launches World’s First ISPO

21 Jul 2021 3 minute read 0 comments Stuart Hollinger

MELD is a Cardano-based banking protocol that has successfully launched the first Initial Stake Pool Offering (ISPO). This is a unique method of community participation where people can support MELD by delegating ADA (Cardano) to the MELD ISPO stakin...

RSI - auxiliary tool to trade volatility

20 Jul 2021 2 minute read 0 comments 1x0Fx0 - 100

Whenever trading with assets, the use of auxiliary tools allows investors to be able, as long as they have studied and are aware of their use, to reduce the risks of working in the financial market. For those who want to "play" with volatility to max...

📢🔥🕹️ Hello, 0x community! 🕹️🔥📢

20 hours ago 1 minute read 1 comment DFSocial_Gaming

The team at DFSocial Gaming wants to briefly introduce ourselves to the greater 0x community, we're ecstatic to start connecting with you now that many new features have been introduced to the ecosystem. We're just a small team of gamers at heart, ju...

21 Jul: FTX Raised $900M at $18B Valuation

21 Jul 2021 1 minute read 0 comments TheCryptoCurator

"It's okay to think of yourself when working on your dream. Do it for you, not anyone else."-Unknown (I will claim it!) Big news of the day is Crypto Exchange FTX raised $900MM at an $18B valuation. Watch the Video of the Day as Aaron says the end is...

Ethereum (ETH) Proof of Participation (PoS) migration process begins

23 Jul 2021 1 minute read 0 comments yemyy

  This process will occur through EIP-3675, created by developer Mikhail Kalinin. At first, the proposal aims to start the migration from Proof of Work (PoW) to Proof of Participation (PoS). According to the EIP, the set of changes in block structure...