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.


Introducing Westend: The Testnet for Polkadot and Kusama

18 Sep 2020 1 minute read 3 comments Web3 Foundation

Westend provides an environment for our infrastructure partners to test their Polkadot and Kusama deployment and processes. Westend is a Polkadot testnet, replacing Polkadot’s previous Alexander testnet. Westend more accurately resembles how you int...

Send Your Microjob Money to Bitwage, and Cash Out to Crypto.

18 Sep 2020 1 minute read 1 comment Deebz

DISCLAIMER: Not all microjob sites are made equal. Some "jobsites" may use gift cards to reward its users.  Others will insist on sending checks directly to your address. It is important to do some research so you don't waste your time.   Now, in or...

lrc in Coinbase is now official

18 Sep 2020 1 minute read 0 comments nicklaus

  This will be a short publication, as a piece of information Yes, you heard right, at this moment you can already trade this crypto currency in one of the biggest exchanges in the world called Coinbase We have seen how in a very short time this curr...

Calling all uniswap User!!

18 Sep 2020 1 minute read 1 comment TrinityJc

HOW TO CLAIM UNI Go to Uniswap at https://app.uniswap.org/. Make sure your MetaMask is connected to Uniswap. If it is not connected yet, connect it now. Click on Uni at the top left of the screen. On the panel on the next screen, if your account i...

Price analysis 18, September Bitcoin, ethereum, litecoin, XRP and BCH

18 Sep 2020 1 minute read 0 comments haidernasir

Bitcoin, ethereum, litecoin, XRP and BCH is on a uptrend. Here a price analysis of five cryptocurrencies.  Bitcoin/USD Bitcoin is at $10,924.40 at 10:59 AM GMT, with a gain of 0.12% in the previous 24 hours. Bitcoin with its 24 hours high will set it...

Coinbase Pro will no longer cover gas fees after Uniswap’s governance token launch saw network fees to top $1 million in an hour.

18 Sep 2020 1 minute read 12 comments ashiiik

Coinbase Pro passes gas fees to users as ETH miner revenue hits 5 year high. Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees cu...

Are you ready for the Singularity?

18 Sep 2020 2 minute read 0 comments HaOm

"The Technological singularity - Also known as 'The Singularity' is a hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization." - Wikipedia. Sounds dar...

Coinmarketcap 17/09/2020

18 Sep 2020 1 minute read 0 comments sevillaespino

Good Night, we have arrived to the middle of the week, I hope that all my faithful followers to my publications are very well and also the new readers that arrive every day I welcome them, I pass to share the closing of the cryptocurrency market for...

Weekly Briefing №73 | Goldman’s Robo Ambitions and Populism vs. the Wisdom of the Decentralized Crowd

18 Sep 2020 5 minute read 1 comment FinRev

Last week, the equity market started to shiver and a big hedge fund announced that it’s closing. Still, the financial innovation world remains constructive. Here’s the (mostly positive) excitement of the past week: Goldman’s latest move into “massti...

If you used Uniswap before 1st of September you should GET 400 UNI  1400 $

17 Sep 2020 1 minute read 0 comments Pi Ṇ̣̣̣̥ ky LeṆ̣̣̣̥a

Uniswap, a fully decentralized protocol for automated liquidity provision on Еthеrеum, Uniswap token UNI. With 15 % of tokens already available to be claimed by historical users and liquidity providers, the governance treasury will retain 43% [430,0...