• 11 July, 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.

News
Leading Layer 2 Platforms Surge in TVL Rankings in Q2 2024

Leading Layer 2 Platforms Surge in TVL Rankings in Q2 2024

The blockchain landscape is witnessing rapid advancements, particularly within the Layer 2 solutions sector, which has seen a significant uptick

News
Telegram’s Hamster Kombat Reaches 239M Users, Preps for Blockchain Debut

Telegram’s Hamster Kombat Reaches 239M Users, Preps for Blockchain Debut

In just three months since its launch, Hamster Kombat has become a viral sensation, transforming the way games are played

News
Restaking Revolution: Symbiotic Challenges EigenLayer’s Dominance

Restaking Revolution: Symbiotic Challenges EigenLayer’s Dominance

IntoTheBlock, a leading analytical platform, has spotlighted emerging platforms like Symbiotic that are shaking up the restaking sector, traditionally dominated

News
Tron, BNB Chain & Solana Show Significant Growth in Money Flow

Tron, BNB Chain & Solana Show Significant Growth in Money Flow

The blockchain industry has witnessed notable growth in Total Value Locked (TVL) across major platforms. Among them are Tron, Binance

Features
Top 10 Layer 1 Blockchain to Watch in 2024

Top 10 Layer 1 Blockchain to Watch in 2024

In the crypto world, layer 1 blockchains stand as foundational pillars on which the decentralized ecosystems are built. These blockchains

Reviews
Detailed Review of The Solana Ecosystem

Detailed Review of The Solana Ecosystem

The Solana ecosystem is one of the top blockchains known for its high-speed and low-cost transactions. It offers a robust

News
Ondo Finance (ONDO) Partners With MANTRA Chain, Enhancing On-Chain Liquidity

Ondo Finance (ONDO) Partners With MANTRA Chain, Enhancing On-Chain Liquidity

In a tweet, Ondo Finance announced that its flagship yieldcoin, USDY, will be featured as a genesis asset on MANTRA

News
Shiba Inu Community Commemorates 3rd Anniversary of Buterin’s 410T SHIB Burn

Shiba Inu Community Commemorates 3rd Anniversary of Buterin’s 410T SHIB Burn

In May 2021, Vitalik Buterin, co-founder of Ethereum, made a groundbreaking move in the crypto world by burning 410 trillion

News
BlackRock Amends S-1 Filing For Ethereum ETF With the SEC

BlackRock Amends S-1 Filing For Ethereum ETF With the SEC

On May 29, BlackRock amended its S-1 registration statement after nearly a week after the SEC approved 19b-4 forms for

News
ENS Labs Proposes ENSv2: Migrating To Layer 2 for Scalability and Reduced Gas Fees

ENS Labs Proposes ENSv2: Migrating To Layer 2 for Scalability and Reduced Gas Fees

ENS Labs, the company behind the ENS domain name protocol, has proposed a comprehensive upgrade to the Ethereum Name Service

News
Shiba Inu Champions Innovation with Key Hackathon at Toronto Conference

Shiba Inu Champions Innovation with Key Hackathon at Toronto Conference

In the latest edition of Shib Magazine, revelations were made about Shiba Inu’s strategic initiatives set to unfold at the

News
Solana Surpasses Ethereum in TEV Milestone, Marking Historic Shift: Report

Solana Surpasses Ethereum in TEV Milestone, Marking Historic Shift: Report

Solana (SOL) has achieved a significant milestone by surpassing Ethereum in Total Economic Value (TEV) generated in a single day.