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.


Yield Farming on Polygon - Why you should consider getting in NOW

16 Jun 2021 4 minute read 4 comments carlaincomin

Yield Farming is a great way to let your assets work for you. For many of us the major concern with yield farming may be gas fees. Even if you earn some hundred or even thousand percent APY it’s not worth anything if you have to spend several bucks p...

Inflation Is Boosting Interest in Gold Tokens

16 Jun 2021 1 minute read 0 comments Stormgain

The Bitcoin rally of 2020 was caused by institutional investors who expected the U.S. dollar to lose value. The cryptocurrency is still seeing a 300% profit year-over-year, but its recent setback has pushed some investors’ interest towards tokens peg...

16 Jun: There is a Place for Everybody

16 Jun 2021 1 minute read 0 comments TheCryptoCurator

"The two things in life you are in total control over are your attitude and your effort."-Billy Cox Happy Humpday! Big news of the day is that Michael Saylor believes there is a place for everybody in Crypto. Big things are happening and Altcoin Dail...

Tried and tested - these surveys do pay (although admittedly do become tedious)

16 Jun 2021 1 minute read 2 comments kamikimms

For those looking to earn crypto, surveys offer an opportunity to cash in. Having used Idle Empire I've observed that they do pay out and the rate isn't bad. Over the course of a week I accumulated just over 6 USD.  If you're looking to earn keep the...

What Is Bitcoin's Energy Issue & Why You Should Fact Check The Same?

16 Jun 2021 10 minute read 0 comments CryptoWise

What Is The Reality Behind Bitcoin’s Carbon Emission & Consumption? Is What we will explore in this retrospective article I feel : “The environmental concerns should not be only circling around bitcoin, we should stop blaming bitcoin mining for al...

Bakery Bunny Finance

16 Jun 2021 3 minute read 0 comments adriaparcerisas

  Introduction Today, the project I'm going to present you is Bakery Bunny (https://bakerybunny.finance/), a fast-growing decentralized finance yield aggregator used on the BakerySwap platform.   Definition In more detail, Bakery Bunny (https://bake...

Join the AMA of Satoshi Club x Cashdog. Rewards: 500 USDT, June 19th.

16 Jun 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on June 19th, 2021 at 01:00 PM UTC Time: Satoshi Club x Cashdog ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Cashdog Telegram group   We will h...

Join the AMA of Satoshi Club x Donutcat. Rewards: 500 USDT, June 17th.

16 Jun 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on June 17th, 2021 at 01:00 PM UTC Time: Satoshi Club x Donutcat ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Donutcat Telegram group   We will...

Join the AMA of Satoshi Club x Dopex.io. Rewards: 500 USDT, June 16th.

16 Jun 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on June 16th, 2021 at 03:00 PM UTC Time: Satoshi Club x Dopex.io ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Dopex.io Telegram group   We will...

EverRise - A Coin That Never Goes Down???

16 Jun 2021 2 minute read 1 comment GravMan

    S'Up Peeps and what's the Craic? Don't know what I just said, check this post then.    So EverRise is a brand new token that just launched on the Binance Smart Chain (16th June). Is it another shitcoin, a memecoin, a 1 pump wonder, a pumpNdump y...