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.


Google moves in the right direction

3 Aug 2021 1 minute read 3 comments toofasteddie

Just as bad news must be discussed, the same must be done with good news and today is an important day.Finally it seems that from today, Google has lifted the ban on advertising related to cryptocurrencies in the United StatesIt has been more than 3...

GetBlock Comes To Polygon For Fast and Cost-Efficient dApps On-Boarding

3 Aug 2021 1 minute read 0 comments GetBlock

GetBlock adds Polygon shared and dedicated nodes to empower its clients with a seamless access to leading scaling solution. GetBlock, a top-league blockchain nodes provider, is going to expand into the Polygon full-stack scaling ecosystem. Both share...

watchtheburn.com - EIP-1559 real time visualization

3 Aug 2021 1 minute read 0 comments ntz

I wan't you to see this website: watchtheburn.com This websites visualizes the burn of Ether with implementation of EIP-1559. Once it's live, according to the website in about 12500 blocks, or on 5th of August, we can see the burn of Ether in real t...

Decentralized IDO Platform Rocket Launchpad Launches in the Tezos Ecosystem

3 Aug 2021 3 minute read 0 comments JP Buntinx

Press Release: Rocket Launchpad is launching a Tezos-based IDO platform, allowing users to invest in the latest Tezos-based projects. 3rd August, 2021, Tortola, British Virgin Islands - Recently, the Tezos ecosystem has seen several high-profile part...

Fed's RAID Crypto Mecca in USA

3 Aug 2021 1 minute read 1 comment Keith Thuerk

Fed's RAID Crypto Mecca in USA   New Hampshire has license plates that state "Live Free or Die" and for nearly that past 20-years has been the focal area for the Libertarian movement. As that movement morphed to include Crypto (away from Fiat) it sta...

Join the AMA of Satoshi Club x Monsters Clan. Rewards: 500 USDT, August 7th.

3 Aug 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on August 7th, 2021 at 03:00 PM UTC Time: Satoshi Club x Monsters Clan ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Monsters Clan Telegram grou...

Join the AMA of Satoshi Club x Mate. Rewards: 500 USDT, August 5th.

3 Aug 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on August 5th, 2021 at 01:00 PM UTC Time: Satoshi Club x Mate ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Mate Telegram group   We will have t...

03 Aug: Wells Fargo Joins the Party

3 Aug 2021 1 minute read 0 comments TheCryptoCurator

"Define success on your own terms, achieve it by your own rules, and build a life you're proud to live."-Anne Sweeney Big news of the day is Wells Fargo now offers Bitcoin and Crypto exposure to wealthy clients. Watch the Video of the Day as Altcoin...

Is It Possible to Create Carbon Neutral Blockchain? NextGen (NXTG) Says Yes

3 Aug 2021 9 minute read 0 comments Shiller Gorilla

NextGen’s blockchain is the culmination of the dream of its team. Having a soft spot for the earth, they have been moved by how industrialization is damaging the world we live in. There’s no doubt that the global climate is changing drastically a...

CC348 - Oasis Network Discover This Blockchain

3 Aug 2021 1 minute read 0 comments Chesatochi

#oasisnetwork #oasisprotocol ⏰ Time Stamps ⏰ 00:00 Introduction01:38 The main page of Oasis Foundation07:30 Technology12:51 The rose token15:53 Getting started Oasis Network targets open finance and a responsible data economy. With their technology,...