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.


Ethereum Technical Analysis 06-17-21

17 Jun 2021 4 minute read 0 comments xuanling11

Technical Analysis Ethereum opens at $2.4K and goes down around to $2.3K and stable around $2.4K. The average transaction fee is $3.81 which is 10.14% decrease from 06-16-21. Ideally, gas fee should below $10 and it is low now. Ethereum is strong su...

Bitcoin Technical Analysis 06-17-21

17 Jun 2021 4 minute read 2 comments xuanling11

Technical Analysis Bitcoins opens at $38K and goes down to around $37K and stable around $37K ~ $38K. The average transaction fee is $5.81 which is 8.36% decrease from 06-16-21. As I mentioned yesterday, Bitcoin drops around $30K since All Time High...

what is Cardano beginner break down.

17 Jun 2021 1 minute read 0 comments Blackcat975

what is Cardano? Cardano was created under a common purpose, which is to (create a technology platform that will ignite the positive change the world needs). The idea of a platform the is built to create a sustainable  future.  Cardano is a blockcha...

In the Wake of the Pandemic, Should Businesses Integrate Stablecoins to Support Employees?

17 Jun 2021 4 minute read 0 comments Michele Montecchi

As we can begin seeing the end of the pandemic, we should start wondering what aspects of our lives are going to remain in pandemic mode after it’s over. It is wise to be prepared for the consequences of the pandemic in the long run, and by that, we...

Join the AMA of Satoshi Club x RARA. Rewards: 500 USDT, June 22nd.

17 Jun 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on June 22nd, 2021 at 04:00 PM UTC Time: Satoshi Club x RARA ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join RARA Telegram group   We will have th...

Join the AMA of Satoshi Club x Catoshi. Rewards: 500 USDT, June 18th.

17 Jun 2021 1 minute read 0 comments Satoshi Club

We are pleased to announce our next AMA on June 18th, 2021 at 02:00 PM UTC Time: Satoshi Club x Catoshi ⚠️Total Reward pool:  $500 Requirements: 👉 Follow Satoshi Club Twitter 👉 Join Satoshi Club Telegram group👉 Join Catoshi Telegram group   We will h...

Scrambled Thoughts #9 Tyranny Over the Mind

17 Jun 2021 1 minute read 0 comments Bankster Insurgent 🏴‍☠️💰

When you don't say what you want or need to say, you stop yourself from being you, by silencing yourself, you're killing yourself, and your ability to eventually say what you really feel and think in the future. Our ability to be free-thinking indivi...

SOL on Coinbase Pro

17 Jun 2021 1 minute read 0 comments eltoro0x

  Yesterday Coinbase announced: SOL, a great project, will have a bump for sure because of this good news. Solana had a great run during mid April - mid May.  The ATH was around 58$, now the price is back to the 40$ region.  The lowest price was in...

Every man for himself! Can Bitcoin Cash Help You In The Economic Hecatomb?

17 Jun 2021 5 minute read 2 comments Jnavedan

Be the protagonist of your film For years the film industry produced numerous very pessimistic dystopian films about the near future of humanity; Self-criticism of a civilization that indiscriminately degrades the planet based on a model of unlimited...

How to create an NFT in the BINANCE SMART CHAIN (AIRNFT)

17 Jun 2021 3 minute read 0 comments Kafcrypto

Good people🙌, in this post I will talk about how to mint your first Nft using AirNft and Metamask. If this first sentence sounds like Chinese to you, you better visit my first post.First of all, I have to explain that AirNft is a Nfts market on the B...