• 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.

Market News
VeChain Maintains Major Support Level, Analysts Remain Optimistic

VeChain Maintains Major Support Level, Analysts Remain Optimistic

VeChain, a prominent blockchain platform, is making waves in the cryptocurrency market with its steadfast performance and forward-thinking initiatives. Amidst

News
Optimism Leads in Total Addresses, Base Dominates NFT Minting

Optimism Leads in Total Addresses, Base Dominates NFT Minting

In January 2024, the Layer2 blockchain ecosystem saw remarkable growth and shifts in its landscape. As per the data, Optimism

News
Solana Mainnet Beta Experiences Outage, Network Restarted after Patch Deployment

Solana Mainnet Beta Experiences Outage, Network Restarted after Patch Deployment

Solana’s mainnet beta network encountered a significant outage, halting block production for over an hour. The issue, attributed to an

News
XLM’s Future Amid IBM’s Strategic Integration with Stellar Blockchain

XLM’s Future Amid IBM’s Strategic Integration with Stellar Blockchain

IBM’s collaboration with the Stellar blockchain marks a transformative leap in global financial transactions. The IBM World Wire stands as

News
Solana Soars Past Ethereum in Daily Activity: Is the Growth Sustainable?

Solana Soars Past Ethereum in Daily Activity: Is the Growth Sustainable?

Solana has reportedly surpassed Ethereum regarding on-chain activity, marking a significant development in the digital currency landscape. Lark Davis, a

News
Immutable zkEVM Mainnet Launches in Early Access For Web3 Gaming: Report

Immutable zkEVM Mainnet Launches in Early Access For Web3 Gaming: Report

Immutable, a leading force in blockchain gaming, has unveiled its highly anticipated Immutable zkEVM Mainnet in early access, marking a

News
VeChain and Walmart China Achieve 200 Million Blockchain Transactions Milestone

VeChain and Walmart China Achieve 200 Million Blockchain Transactions Milestone

VeChain, in partnership with Walmart China, has achieved a remarkable milestone, surpassing 200 million transactions on their private network known

News
Protocol Labs and Chainlink Join Forces to Accelerate Startup Innovation in Web3

Protocol Labs and Chainlink Join Forces to Accelerate Startup Innovation in Web3

Protocol Labs and Chainlink Labs have recently forged a strategic alliance to bolster the growth and support of tech startups.

News
Stellar and IRC Transforming Aid Distribution Through Innovation

Stellar and IRC Transforming Aid Distribution Through Innovation

StellarOrg, a renowned blockchain platform, took to the X platform to highlight the significance of swift and efficient aid delivery

News
Crypto Eri and Algorand CEO’s X Accounts Fall Victim to High-Profile Cyberattacks

Crypto Eri and Algorand CEO’s X Accounts Fall Victim to High-Profile Cyberattacks

The Algorand Foundation, based in Singapore, recently experienced a security breach, with CEO Staci Warden’s X account being compromised on

News
Polygon Unveils “AggLayer,” a New Paradigm for Unified Scalable Blockchain Networks

Polygon Unveils “AggLayer,” a New Paradigm for Unified Scalable Blockchain Networks

Polygon Labs, a leading Ethereum scaling developer, has announced the upcoming launch of its Aggregation layer or “AggLayer” protocol in

News
$4.20 Million Lost in Ethereum Phishing Scam, CREATE2 Exploited

$4.20 Million Lost in Ethereum Phishing Scam, CREATE2 Exploited

A major cryptocurrency phishing attack recently led to a substantial financial loss. The victim, using the wallet address 0x1749, lost