• 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
Cardano Partners with Polkadot for Blockchain Innovation

Cardano Partners with Polkadot for Blockchain Innovation

Cardano has made a strategic leap by embracing Polkadot’s Substrate to develop its partner chain project. As per Polkadot’s tweet

Market News
Cardano’s ADA Faces Potential Correction as TD Sequential Signals Sell

Cardano’s ADA Faces Potential Correction as TD Sequential Signals Sell

In a recent tweet, analyst Ali raised a red flag by highlighting a significant development on the ADA daily chart.

News
Scroll Mainnet Ignites New Phase in Ethereum Scalability

Scroll Mainnet Ignites New Phase in Ethereum Scalability

In a significant expansion of the Layer 2 landscape, October saw MantaPacific and Scroll roll out their mainnets, signaling fresh

Market News
Cardano Summit Reveals IOG’s Framework for Partner Chain Integration

Cardano Summit Reveals IOG’s Framework for Partner Chain Integration

In a landmark announcement at the Cardano Summit 2023, Input Output Global (IOG) unveiled a strategic framework to advance the

News
Cardano Emerges as Strong Contender Amidst Solana’s Rally in Crypto Markets

Cardano Emerges as Strong Contender Amidst Solana’s Rally in Crypto Markets

While market spectators have been captivated by Solana’s (SOL) recent rapid price climb, reaching unprecedented heights, Cardano (ADA) has also

News
Wormhole Executes $1.2B RNDR Token Move to Solana for Render Network

Wormhole Executes $1.2B RNDR Token Move to Solana for Render Network

In an unprecedented move that underscores the evolving landscape of blockchain interoperability, Wormhole has successfully facilitated the transfer of over

News
OnyxProtocol Suffers $2.1M Hit in Exploit, PeckShieldAlert Exposes Vulnerability

OnyxProtocol Suffers $2.1M Hit in Exploit, PeckShieldAlert Exposes Vulnerability

In a stunning revelation, the OnyxProtocol platform has suffered a massive loss of approximately $2.1 million, stemming from a cleverly

News
Solana Bolsters Web3 Ecosystem with New Startup Incubator

Solana Bolsters Web3 Ecosystem with New Startup Incubator

The Solana network has embarked on a game-changing journey with the launch of the Solana Incubator, a tailored program designed

News
Reddit’s Blockchain Endeavor Comes to a Sudden Halt

Reddit’s Blockchain Endeavor Comes to a Sudden Halt

In a recent announcement, Reddit revealed the discontinuation of its ambitious blockchain Community Points program. This comes three years after

News
Lido on Solana Bids Farewell, Transition and Gratitude Amidst Sunsetting

Lido on Solana Bids Farewell, Transition and Gratitude Amidst Sunsetting

In a significant turn of events, Lido on Solana, a pivotal player in the Solana ecosystem, is set to begin

News
Declining Staking Yields and Future of Ethereum: Coinbase Report

Declining Staking Yields and Future of Ethereum: Coinbase Report

The validator queue has witnessed a rare occurrence in a significant turn of events for the Ethereum blockchain. It has

News
Blockchain Gaming Surges as Q3 2023 Sees a $600 Million Boost

Blockchain Gaming Surges as Q3 2023 Sees a $600 Million Boost

According to a recent report by DappRadar, a crypto data firm, the third quarter of 2023 demonstrated the dynamic nature