Decentralized Blockchain Development

Decentralized Blockchain Development

The blockchain is a decentralized ledger technology that creates a Peer-to-Peer network of interconnected nodes which is not controlled by any central system. Blockchain comprises a series of blocks that are electronically linked to form an extensive database. Each block stores a small patch of data and is encoded with cryptography. The number of blocks keeps growing as new data is generated. Blockchain also creates a permanent, immutable and tamper-proof record of data which can’t be deleted or modified at any time. Every node in the network retains a permanent copy of the ledger thereby offering a high level of transparency as well.

Blockchain is primarily used in FinTech industry for storing cryptocurrencytransactions. The transactions are stored as digital records in a series of blocks. Each block is assigned a specific size limit and stores a small number of transactions. As the transactional data keep on increasing, new blocks are added. The use of Blockchain also provides transparency to the cryptocurrency network as the users can see all the transactions taking place.

Why Choose Oodles Technologies?

Oodles Technologies is an offshore Blockchain App Development companythat offers world-class blockchain based applications development services at the best market rates. We have a seasoned team of expert Blockchain Developers that are proficient in building top-notch web and mobile applications using this technology.

 With over 4 years of experience, we have attained excellence in this domain and we always look forward to work on new and challenging projects.

Read more info at — https://www.oodlestechnologies.com/decentralized-blockchain-development

Blockchain Development Solutions

The advent of Blockchain has brought a new financial revolution in the world of digital remittances. Primarily used for storing and facilitating transactions in cryptocurrencies, Blockchain is a publically shared distributed ledger that stores information in a decentralized way, forming a Peer-to-Peer network. Blockchain stores information in a series of blocks that are electronically linked to form an extensive database. The data once stored on blockchain can never be deleted or modified. This makes it an impregnable digital ledger as it creates a permanent and tamper-proof record of stored information that can’t be altered at any point of time.

While blockchain was initially built to be used in the cryptocurrency domain, the highly versatile nature of Blockchain has led to the change in picture. Turns out that blockchain can be effectively used in a large number of applications even outside the cryptocurrency landscape. Some existing use cases of Blockchain include Digital Identity, eVoting, Peer-to-Peer Lending, Asset Management, Distributed Cloud Storage and Smart Contracts.

Why Choose Oodles Technologies?

Oodles Technologies is an offshore software development company that offers end-to-end Blockchain Development Solutions at cost-effective rates. We are pioneers in building world-class web and mobile applications based on Blockchain. With the availability of custom modules, we help you save your time and money.

The team of Blockchain Developers working with us is highly proficient in building high-octane Blockchain based applications with high uptime, intuitive UI and less complexities.

Read more info at - http://www.oodlestechnologies.com/blockchain-development-solutions

Bitcoin Wallet Developers India

Bitcoin is a digital currency which is highly successful worldwide as a payment method. Satoshi Nakamoto shed a light on the concept of Bitcoin, it was devised and created in 2009. Bitcoin is an open-source cryptocurrency and it laid the groundwork for the new cryptocurrencies to emerge. All these new digital cryptocurrencies are popularly known as Altcoins because of the fact that these are just an alternative to the original Bitcoin protocol. Some popular Altcoins are Litecoin, Ripple, Monero, Ether, and Dash.   

 

Bitcoin transactions are stored and transferred using a distributed public ledger called Blockchain over a peer-to-peer network that is open, without an intermediary. The decentralized digital walletsprovide robust and secure storage medium to Bitcoin transactions. Bitcoins cannot be stored anywhere, there is a private key (secret number) for every Bitcoin address that is stored in the Bitcoin wallet of the person who owns the balance.

 

Why Choose Oodles Technologies?  

Read more info at - http://www.oodlestechnologies.com/bitcoin-wallet-developers

Bitcoin Acquires Over 50 Percent Crypto Market Share

There’s no denying that Bitcoin rules the entire Cryptocurrency landscape. With a market cap of nearly $37.5 billion, it’s still way ahead of the other popular altcoins like Litecoin, Ripple and Monero. However, many people were of the opinion that the magic of Bitcoin is somehow fading especially with the emergence of new cryptocurrencies like Ethereum that took the whole world by storm in the recent years. For the first time in history, the share of Bitcoin had dropped down to 46 percent in the Crypto Market. But after a bumpy trip, the Bitcoin has made a solid comeback acquiring more than 50% of the Crypto Market Share once again.
 

The Downfall of Ripple

The world famous altcoin, Ripple had been on a magical journey several weeks backs. Lately, the market cap of Ripple had gone beyRead more at - http://www.oodlestechnologies.com/blogs/Bitcoin-Acquires-Over-50-Percent-Crypto-Market-Shareond $17 billion swallowing over 25 percent of the market share. However, the last one week has been awful for Ripple as it has lost more than 60 percent of its value in terms of BTC. The market cap of Ripple has also fallen sharply and it now adds up to $8.83 billion. The downfall of Ripple is one of the major driving factors behind the Bitcoin acquiring the 50 percent share in the crypto market once again.  

Also read Why Bitcoin Transactions Are Being Delayed.

The Rat Race Continues

Despite of being the world’s most extensively used Cryptocurrency, Bitcoin faces immense competition from the other popular Altcoins as already told. While on one hand, the BTC price is rising beyond expectations, it’s also losing its charm as the new Altcoins are getting more and more popular. Also, some persisting issues in Bitcoin have long been avoided, the most severe one of which is the scaling difficulty due to block size limit. Due to scaling issues, the Bitcoin transactions are continuously being delayed which has also led to an increase in the transaction fees. This is one of the reasons why the Bitcoin users are moving toward the other cryptocurrencies.

Bitcoin price today, has reached an all-time-high. However, you might not have noticed yet the price of almost all the popular Altcoins is rising. Ethereum is leading the race with a whopping price value of $208 at the time of writing and the market cap of the latter has also reached $19 billion. With this, Ethereum alone acquires more than 20 percent of the total Crypto market share.

Read more at - http://www.oodlestechnologies.com/blogs/Bitcoin-Acquires-Over-50-Percent-Crypto-Market-Share

Bitcoin Price Goes Beyond 4000 USD

It’s been a few weeks since Bitcoin hit an all time high surpassing $3000 mark and it continues to cast its magical spell as the price is still showing a steady upsurge. Lately, Bitcoin has attained yet another milestone as the BTC price broke all the previous records surpassing $4000 mark for the first time in history. However, the price still shows a high level of volatility. In the last 24 hours, 4.5 percent volatility has been recorded, so you can expect some rapid fluctuations in the price.  

As of 11th August 2017, the Bitcoin was trading below $3800. In the next 24 hours, the price rose by a whopping sum of $200 and took it beyond the $4000 mark. Since then, the BTC price hasn’t shown any signs of decline. At the time of writing, the Bitcoin price is looming around $4350. However, the price has been quite volatile and it’s been through vigorous ups and downs. Despite all that, the BTC price has somehow sustained this growth.

Also read Bitcoin Cash Takes Bitcoin To A Whole New Level.

 Read more at - http://www.oodlestechnologies.com/blogs/Bitcoin-Price-Goes-Beyond-4000-USD