• 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’s Role in Walmart China’s Advanced Blockchain Supply Chain

VeChain’s Role in Walmart China’s Advanced Blockchain Supply Chain

Walmart, a global retail giant, has consistently been at the forefront of integrating advanced technology into its operations. In a

News
Hedera Hashgraph and Envision Blockchain: Transforming Carbon Credit Management

Hedera Hashgraph and Envision Blockchain: Transforming Carbon Credit Management

Hedera Hashgraph’s cutting-edge technology is set to revolutionize the world of environmental asset management with the backing of the United

Market News
Ethereum Price Climbs Amid SEC ETF Talks and Bullish Market Trends

Ethereum Price Climbs Amid SEC ETF Talks and Bullish Market Trends

In the dynamic world of cryptocurrencies, Ethereum (ETH) stands out with recent trends indicating a shift towards self-custody and rising

Market News
MENA’s Rapid Rise as a Hotspot for Blockchain and Crypto Activities

MENA’s Rapid Rise as a Hotspot for Blockchain and Crypto Activities

The Middle East and North Africa (MENA) region is experiencing a significant shift in its technological landscape, particularly in the

Market News
IOTA Foundation’s ADGM Registration Revolutionizes Middle East Blockchain

IOTA Foundation’s ADGM Registration Revolutionizes Middle East Blockchain

The IOTA Foundation recently announced its registration under the DLT Foundations Regulations of Abu Dhabi Global Market (ADGM). This strategic

Market News
Analyzing Ethereum’s Consolidation Phase Against Bitcoin’s Dominance

Analyzing Ethereum’s Consolidation Phase Against Bitcoin’s Dominance

In the dynamic world of cryptocurrencies, the Ethereum/Bitcoin (ETH/BTC) pair is a crucial metric for gauging market sentiment. According to

Market News
Cardano Founder Charles Hoskinson Refutes Traditional ICO Model, Questions Bitcoin

Cardano Founder Charles Hoskinson Refutes Traditional ICO Model, Questions Bitcoin

Charles Hoskinson, the founder of Cardano, recently made a bold statement asserting that Cardano did not conduct a traditional Initial

News
Rapid Growth in Layer2: Optimism Surpasses Peers in New Address Creation

Rapid Growth in Layer2: Optimism Surpasses Peers in New Address Creation

Recent developments in Layer2 blockchain solutions have showcased significant progress and intense platform competition. Optimism has emerged as a standout

News
Cosmos Founder Sets New Path with Hub Fork Over ATOM Production Dispute

Cosmos Founder Sets New Path with Hub Fork Over ATOM Production Dispute

Cosmos co-founder Jae Kwon has taken a definitive stand against the recent decision to cut ATOM’s production rate. Despite his

News
Tether’s Resurgence: A Dominant Force in the Stablecoin Market

Tether’s Resurgence: A Dominant Force in the Stablecoin Market

In the dynamic world of cryptocurrencies, Tether (USDT) has re-emerged as a pivotal player, marking a significant resurgence in the

Market News
Cardano’s (ADA) Bold Rally Overcomes $0.4 Barrier, Showcasing Market Resilience

Cardano’s (ADA) Bold Rally Overcomes $0.4 Barrier, Showcasing Market Resilience

Cardano (ADA) recently achieved a noteworthy feat by surpassing the formidable $0.4 resistance level, a price point that had previously

Market News
Vitalik to Redesign Ethereum Staking: Praising UTXO Model

Vitalik to Redesign Ethereum Staking: Praising UTXO Model

Vitalik Buterin, Ethereum co-founder, has proposed redesigning Ethereum staking. He praised UTXO, which Cardano got right the first time, for