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.


Carbon Negativity: Greener Pastures Lie Ahead, the Telos AMA on KuCoin

21 Jul 2021 2 minute read 1 comment JCRoemer

Today KuCoin hosted an AMA session with Telos' Justin Giudici and Lliam Buckley to introduce the wider KuCoin community to the up-and-coming token. The session featured an incentive of 11,900 TLOS coins and covered topics from the Telos Ethereum Virt...

CC341 - ApeSwap Cool Hard Fork of PancakeSwap

22 Jul 2021 1 minute read 0 comments Chesatochi

#apeswap #defi ⏰ Time Stamps ⏰ 00:00 Introduction01:05 The ApeSwap DAPP interface ApeSwap is a hard fork of PancakeSwap that has created its own ecosystem. It is cool to have tokens name like banana and a beautiful monkey that represent ApeSwap. Ape...

Golden Opportunity With Bitcoin

19 Jul 2021 4 minute read 3 comments johnwege

The Bitcoin price has remained stuck in the low $30,000 price range, the same range it has been for what now feels like forever.  And you can easily see that this is getting to people.  People who were preaching that bitcoin was going to the moon dur...

Join the AMA of Satoshi Club x Blanet. Rewards: 500 USDT, July 28th.

22 Jul 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on July 28th, 2021 at 03:00 PM UTC Time: Satoshi Club x Blanet ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Blanet Telegram group   We will hav...

Ethereum Eagle Project (EGL) Genesis - Community influencing of Eth gas prices (Coinlist stakedrop)

19 hours ago 5 minute read 0 comments bengy

  CoinList is better known for its early access token sales of vetted crypto projects... which many of which have been quite successful, and are now trading at multiples of the original launch price. So, I've had to say that I've been pretty happy w...

Edgecoin: World’s First Educational Digital Stable Coin Payment System

22 Jul 2021 2 minute read 0 comments Top ICO

Cryptocurrencies make transactions in the world more efficient, fast, and borderless. Cryptocurrency can be implemented in various sectors, for example in the education sector, cryptocurrency can be implemented to create a payment system that is...

All you need to know about Lightning Network – Part One

22 Jul 2021 2 minute read 2 comments Farshadhn

So far, much has been said about the benefits and applications of blockchain. But since there is nothing perfect, blockchain is no exception and has fundamental limitations that limit its functions. Limitations are as below: Using blockchain for tra...

Jax Network is a Secure, Scalable, and Decentralized Blockchain Technology

22 Jul 2021 3 minute read 0 comments Bitloca

Abstract Bitcoin was launched by Satoshi Nakamoto in 2009. Since that year, the crypto market has experienced a significant development, where there have been many innovations and improvisations made by crypto developers. But until now, the crypto i...

Get Ready for the $2000 pSTAKE Treasure Hunt, From July 26!

22 Jul 2021 1 minute read 0 comments Barineka

Get Ready for the $2000 pSTAKE Treasure Hunt, From July 26! 💎 ⛏ pSTAKE is proud to be carrying on the Treasure Hunt tradition! Earn $XPRT as you learn about pSTAKE through a series of entertaining activities. 🗺 Navigate your way through pSTAKE-relat...

Who is Satoshi Nakamoto?

22 Jul 2021 2 minute read 1 comment PotatoCut

Satoshi Nakamoto Who is he you may ask? Satoshi Nakamoto, the intangible noun who singlehandedly created $613 Billion.  On 9th January 2009, Bitcoins release was made. The Nakamoto had done it, Nakamoto had created the world's first blockchain techn...