Questions tagged [Blockchain]

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JejuJoyful JejuJoyful Tue Dec 03 2024 | 7 answers 1990

How do you speed up a transaction on blockchain?

I'm trying to complete a transaction on the blockchain, but it's taking too long. Is there a way to speed up the process? I've heard about increasing gas fees, but I'm not sure how that works or if it's the best option.

How do you speed up a transaction on blockchain?
Martina Martina Tue Dec 03 2024 | 5 answers 1055

What is the purpose of the blockchain?

I'm curious about the main reason or objective behind the creation and implementation of blockchain technology. I want to understand its purpose in the technological and financial landscapes.

What is the purpose of the blockchain?
CryptoPioneer CryptoPioneer Tue Dec 03 2024 | 7 answers 1950

Can you use Blockchain for gambling?

I'm wondering if Blockchain technology can be applied to the gambling industry. Is it possible to use Blockchain for gambling activities, considering its decentralized and secure nature?

Can you use Blockchain for gambling?
CryptoVisionary CryptoVisionary Tue Dec 03 2024 | 7 answers 1546

What blockchain is Onyx built on?

The question inquiries about the specific blockchain technology that Onyx is built upon. It aims to identify the distributed ledger system utilized by Onyx, which could be a public blockchain like Bitcoin or Ethereum, a private blockchain, or any other type of blockchain technology designed for specific use cases.

What blockchain is Onyx built on?
FireFlyer FireFlyer Tue Dec 03 2024 | 6 answers 1201

Does blockchain use SegWit?

SegWit, short for Segregated Witness, is a protocol upgrade that has been implemented in certain blockchain networks, including Bitcoin. It aims to improve transaction efficiency, reduce costs, and enhance security by separating signature data from transaction data. This allows for more transactions to be included in each block, effectively increasing the blockchain's throughput without altering the block size limit. Therefore, when asking if blockchain uses SegWit, the answer would depend on the specific blockchain network being referenced, as not all blockchains have adopted this upgrade.

Does blockchain use SegWit?

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