• 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
Analysis: VeChain (VET) Crucial Support Level and Potential Bullish Momentum

Analysis: VeChain (VET) Crucial Support Level and Potential Bullish Momentum

VeChain (VET) is currently at a crucial juncture, with its price hovering around the $0.021 mark against the US dollar.

Market News
Cardano Founder Reflects on Crypto Industry’s Paradigm Shift as Binance CEO Steps Down

Cardano Founder Reflects on Crypto Industry’s Paradigm Shift as Binance CEO Steps Down

In a recent YouTube video, Charles Hoskinson, the founder of Cardano, shared his thoughts on the pivotal moment in the

News
Arbitrum STIP Incentives Set to Fuel Growth in the Ecosystem

Arbitrum STIP Incentives Set to Fuel Growth in the Ecosystem

Strategic investments often play a pivotal role in the rapidly evolving domain of blockchain ecosystems. A prime example is the

News
Elon Musk’s Grok AI Sparks Crypto Token Frenzy, Raising Market Speculation Risks

Elon Musk’s Grok AI Sparks Crypto Token Frenzy, Raising Market Speculation Risks

In the dynamic world of cryptocurrency, next week marks a pivotal moment in the intersection of artificial intelligence and cryptocurrency

Market News
Cardano Founder Envisions Trillion-Dollar Market Cap: Report

Cardano Founder Envisions Trillion-Dollar Market Cap: Report

In a recent tweet, Charles Hoskinson, the founder of Input Output Hong Kong (IOHK), thanked Hosk Said, a website where

Market News
Avalanche Blockchain Powers Citi’s New FX Trading Application

Avalanche Blockchain Powers Citi’s New FX Trading Application

In a remarkable development, Citi has launched a pioneering application that capitalizes on blockchain technology to streamline the pricing and

Market News
Cardano’s Surge Continues, Eyeing $0.45 Resistance Point Amidst Analyst Predictions

Cardano’s Surge Continues, Eyeing $0.45 Resistance Point Amidst Analyst Predictions

Amidst a captivating rally in cryptocurrency, Cardano (ADA) has swiftly ascended in an exhilarating rally, asserting its dominance among many

Market News
Agrotoken’s Parachain Ambitions on Polkadot Set to Revolutionize Agriculture

Agrotoken’s Parachain Ambitions on Polkadot Set to Revolutionize Agriculture

Agrotoken, a digital platform for tokenizing agricultural commodities, has announced its integration with the Polkadot network, a move that signifies

Market News
False BlackRock XRP Trust Filing Sparks Market Fluctuation and Industry Debate

False BlackRock XRP Trust Filing Sparks Market Fluctuation and Industry Debate

The cryptocurrency market recently experienced a tumultuous event with a hoax involving a fabricated BlackRock XRP trust filing, sparking widespread

News
OKX Introduces X1, a Polygon-Powered ZK Layer 2 Network for Enhanced Web3 Access

OKX Introduces X1, a Polygon-Powered ZK Layer 2 Network for Enhanced Web3 Access

OKX, a prominent player in digital currency exchange and the Web3 ecosystem, has announced the launch of a novel Ethereum-based

News
Plasma’s Return Marks a New Chapter in Blockchain Scaling for EVM Validiums

Plasma’s Return Marks a New Chapter in Blockchain Scaling for EVM Validiums

Ethereum Founder Vitalik Buterin, highlighted the significant return of Plasma, a class of blockchain scaling solutions, in the ever-evolving landscape

News
VeChain’s Learn Program: Empowering Coinbase Users for Blockchain Success: Report

VeChain’s Learn Program: Empowering Coinbase Users for Blockchain Success: Report

In a groundbreaking move, VeChain, a prominent enterprise-grade blockchain protocol, has strategically introduced its ambitious VeChainThor Learn Program. This initiative