• 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 (VET) Approaches Key Trendline: What’s Next for the Crypto?

VeChain (VET) Approaches Key Trendline: What’s Next for the Crypto?

VeChain, a notable player in the blockchain arena, is showcasing intriguing patterns in its price movement. Its price movement is

News
Strong Response from Tron for UN’s Critique Over USDT: Report

Strong Response from Tron for UN’s Critique Over USDT: Report

Justin Sun, the founder of the Tron blockchain, has recently expressed mixed reactions to a United Nations report criticizing the

News
Blockchain Rivalry: Bitcoin’s Stability vs. Ethereum’s Innovation

Blockchain Rivalry: Bitcoin’s Stability vs. Ethereum’s Innovation

Recently, the co-founder of Ethereum Vitalik Buterin revealed the essential intricacies of layer-2 (L2) technology in an interview on a

News
PolygonID & WaltID Release The Future of Identity Series: Blockchain’s Role in Identity

PolygonID & WaltID Release The Future of Identity Series: Blockchain’s Role in Identity

The burgeoning field of blockchain and decentralized identity systems is at the forefront of technological innovation. The new series The

News
SEC’s Gensler Faces Criticism from Ripple’s Garlinghouse Over Crypto Strategy

SEC’s Gensler Faces Criticism from Ripple’s Garlinghouse Over Crypto Strategy

The Chairman of the U.S. Securities and Exchange Commission (SEC) is under fire once again from Ripple CEO Brad Garlinghouse.

News
Solana’s Recent Market Trends and Innovations Signal Growth Amid Volatile Market

Solana’s Recent Market Trends and Innovations Signal Growth Amid Volatile Market

In a development within crypto, the market intelligence platform, The Block Pro, featured Solana in their “Tradeoffs of Modern Blockchains”

News
Klaytn and Finschia Combine Forces for a More Dynamic Blockchain Ecosystem

Klaytn and Finschia Combine Forces for a More Dynamic Blockchain Ecosystem

Klaytn Foundation and Finschia Foundation, both key players in the blockchain arena from South Korea and Japan, have recently announced

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2023: The Year of Growth in Layer 2 Blockchain Platforms

2023: The Year of Growth in Layer 2 Blockchain Platforms

The landscape of Layer 2 solutions in the blockchain sector has witnessed remarkable growth and innovation throughout 2023. Insights of

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What is Blockchain Technology? A Comprehensive Guide

What is Blockchain Technology? A Comprehensive Guide

In the fast-paced developing world, the blockchain technology holds a pivotal space. As blockchain technology evolves tremendously in diverse fields

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Cricket Meets Crypto: Floki & TokenFi’s Strategic Tie-Up Targets Over 78 Million Viewers

Cricket Meets Crypto: Floki & TokenFi’s Strategic Tie-Up Targets Over 78 Million Viewers

The recent tweet by a prominent blockchain figure, Crypto Tony, declaring $FLOKI as the top memecoin pick for the current

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IntoTheBlock Announces Partnership with IoTeX to Enhance DePIN Analytics

IntoTheBlock Announces Partnership with IoTeX to Enhance DePIN Analytics

IntoTheBlock, a prominent blockchain analytics firm, has recently announced a strategic partnership with IoTeX, a leading innovator in the decentralized

News
Astrobotic’s Peregrine Launch Ushers in New Era of Crypto in Space

Astrobotic’s Peregrine Launch Ushers in New Era of Crypto in Space

In an unprecedented feat, Astrobotic’s Peregrine Mission One, the world’s first private American lander, has embarked on a historic journey