• 22 November, 2024

Tag: Blockchain News

A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers. Blockchain records are immutable so it cannot be altered retroactively without the alteration of all subsequent blocks and the consensus of the network.

Satoshi Nakamoto invented blockchain in 2008 to solve double-spending problem in bitcoin, making it the first digital currency without a trusted authority or central server.

The blockchain is tamperproof, as each block contains a unique identifier, timestamped transactions, and the previous block’s hash. This method links blocks together, preventing any alteration or insertion between existing blocks, making it a secure.

Smart contracts are agreements or rules governing business transactions stored on blockchains, executed automatically. Consensus is achieved through various mechanisms like proof of stake and PBFT, ensuring all parties agree to the network-verified transaction. To know about the latest news on Blockchain, read from CryptoTale.

Markets
Arkham Intel Expands to U.S. with Spot Trading Platform

Arkham Intel Expands to U.S. with Spot Trading Platform

Arkham Intelligence has made a move that challenges leading market players including Coinbase and Crypto.com. On November 20 the firm

Markets
Goldman Sachs To Launch Blockchain-Based Crypto Platform

Goldman Sachs To Launch Blockchain-Based Crypto Platform

Investment banking giant Goldman Sachs is considering launching a separate entity for its blockchain-based digital assets platform. In an interview,

Learn
The Role of Layer 1 Blockchains in the Crypto Ecosystem

The Role of Layer 1 Blockchains in the Crypto Ecosystem

Blockchain technology has brought about huge changes in the world with its concept of decentralization and secure data storage. At

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Hard and Soft Forks in Blockchain: Functions & Differences

Hard and Soft Forks in Blockchain: Functions & Differences

In the blockchain world, keeping the blockchain secure, efficient, and up-to-date is essential. Whether adding new features or updating existing

Features
A Review of Sui Network: A New L1 Gaining Momentum

A Review of Sui Network: A New L1 Gaining Momentum

Layer 1 blockchains serve as the foundational infrastructure for decentralized networks, handling all transaction processing, consensus, and data storage on-chain.

Features
NEAR Protocol Review: Enhancing Blockchain Speed and Usability

NEAR Protocol Review: Enhancing Blockchain Speed and Usability

In the evolution of the blockchain landscape, two fundamental concerns continue to persist: scalability and usability. NEAR Protocol, which started

Features
Evolution of The Digital Assets Driven by Blockchain

Evolution of The Digital Assets Driven by Blockchain

The extended use of blockchain technology has given birth to a new economy involving digital assets. Generally, digital assets are

News
Franklin Templeton Brings OnChain U.S. Fund to Aptos

Franklin Templeton Brings OnChain U.S. Fund to Aptos

Franklin Templeton has launched its OnChain U.S. Government Money Fund (FOBXX) on the Aptos blockchain. This marks the firm’s expansion

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Utility Tokens: A Clear and Concise Guide for Beginners

Utility Tokens: A Clear and Concise Guide for Beginners

Utility tokens are the digital version of discount coupons on the blockchain ecosystem. The main functionality of these tokens is

Features
Polkadot Review: Revolutionizing Blockchain Interoperability

Polkadot Review: Revolutionizing Blockchain Interoperability

Traditionally, every blockchain has been functioning as an independent system. It was not able to cooperate or exchange information with

News
Hoskinson Criticizes Ethereum’s Centralized Governance

Hoskinson Criticizes Ethereum’s Centralized Governance

Cardano founder Charles Hoskinson, while speaking at the Token2049 event, has criticized Ethereum’s governance model, stating that the network works

News
Swiss Banks Collaborate to Test Blockchain-Based Swiss Franc

Swiss Banks Collaborate to Test Blockchain-Based Swiss Franc

PostFinance, UBS, and Sygnum, are looking into a blockchain-based digital Swiss franc under Swiss Bankers Association. The project, dubbed “Digital