• 23 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.

News
Internet Computer (ICP) Boasts Growth From DAOs to Startups

Internet Computer (ICP) Boasts Growth From DAOs to Startups

The Internet Computer Protocol (ICP) ecosystem has witnessed a surge in activity recently with notable strides made in areas like

News
Solana Partners with Filecoin to Revolutionize Blockchain Storage Solutions

Solana Partners with Filecoin to Revolutionize Blockchain Storage Solutions

Solana has partnered strategically with Filecoin, signaling a shift towards more decentralized storage solutions. This move aims to bolster the

News
SHIB Projects Set for Enhancements, Reveals Shiba Inu’s Lead Developer

SHIB Projects Set for Enhancements, Reveals Shiba Inu’s Lead Developer

Shytoshi Kusama, Shiba Inu’s lead developer, recently shared significant updates for the cryptocurrency’s ecosystem in Shib Magazine. The Shiba Inu

News
Telecoms Operator Telefónica & Chainlink Forge Alliance to Bolster Web3 Security

Telecoms Operator Telefónica & Chainlink Forge Alliance to Bolster Web3 Security

Telefónica, a leading telecoms operator, and Chainlink Labs, a blockchain oracle provider, have joined forces to enhance the security and

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Breaking: TRON Announces the Innovative Bitcoin Layer 2 Solution Launch

Breaking: TRON Announces the Innovative Bitcoin Layer 2 Solution Launch

In a groundbreaking development, the decentralized blockchain-based operating system, TRON, has recently introduced its Bitcoin Layer 2 solution. TRON’s integration

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Plutus V3 Elevates Cardano with Enhanced Cryptography and dApp Performance

Plutus V3 Elevates Cardano with Enhanced Cryptography and dApp Performance

Cardano is set to usher in a transformative phase with the upcoming Chang hard fork. The rollout of Plutus V3

Market News
Ethereum’s Cancun Upgrade: A Leap in Blockchain Scalability

Ethereum’s Cancun Upgrade: A Leap in Blockchain Scalability

In a tweet by CryptoBusy, the highly anticipated Ethereum Cancun Upgrade is spotlighted, promising to revolutionize the Ethereum network with

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PlayDapp’s PLA Tokens Hit Lowest Valuation Since October Amid Security Vulnerability

PlayDapp’s PLA Tokens Hit Lowest Valuation Since October Amid Security Vulnerability

PlayDapp has confirmed a security vulnerability impacting PLA assets, with immediate actions being taken to fortify its defences, as highlighted

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Polygon’s Type-1 zkEVM: Driving Cost-Effective Blockchain Solutions

Polygon’s Type-1 zkEVM: Driving Cost-Effective Blockchain Solutions

Polygon has announced the release of the Type-1 upgrade to the zkEVM prover. This marks a significant leap in Polygon’s

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Ethereum’s Latest Token Standard Merges Fungibility and NFTs

Ethereum’s Latest Token Standard Merges Fungibility and NFTs

The introduction of a new token standard, ERC-404 is generating buzz for its innovative approach to digital asset definition. This

News
Circle Predicts the Rapid Evolution of Blockchain Technology in Near Future

Circle Predicts the Rapid Evolution of Blockchain Technology in Near Future

The global financial technology firm Circle recently released a comprehensive article shedding light on the potential of blockchain technology in

News
Coinbase Reveals Potential $74 Billion Savings for Americans via Blockchain Adoption

Coinbase Reveals Potential $74 Billion Savings for Americans via Blockchain Adoption

Coinbase, in its latest “State of Crypto Report,” highlighted that American households could have avoided $74 billion in credit card