• 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.

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Cardano vs. Bitcoin: Analyst Breaks Down 51% Attack Vulnerabilities

Cardano vs. Bitcoin: Analyst Breaks Down 51% Attack Vulnerabilities

Cardano YODA’s recent analysis sheds light on the potential costs associated with a 51% attack on major cryptocurrencies, primarily focusing

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Coins.ph Joins Hands with Circle to Revolutionize Remittances with USDC

Coins.ph Joins Hands with Circle to Revolutionize Remittances with USDC

Coins.ph, a leading Philippine fintech, has solidified a strategic partnership with global fintech firm Circle Internet Financial (Circle). The goal

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Cardano Web3 Wallet Lace Unveils Exciting 1.6 Upgrade With Enhanced Multi-Staking Control

Cardano Web3 Wallet Lace Unveils Exciting 1.6 Upgrade With Enhanced Multi-Staking Control

In a groundbreaking move, the Lace team has unveiled the highly anticipated 1.6 version of their Cardano lightweight Web3 wallet.

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Shiba Inu’s Shibarium Blockchain Achieves Outstanding Milestones

Shiba Inu’s Shibarium Blockchain Achieves Outstanding Milestones

Shiba Inu’s Ethereum-based layer 2 blockchain solution, Shibarium, is making waves with impressive growth. Boasting over a million blocks and

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Lucky Star Currency Plummets, Suspected in $1.11 Million Exit Scam

Lucky Star Currency Plummets, Suspected in $1.11 Million Exit Scam

The cryptocurrency ecosystem is once again confronting the harsh realities of exit scams, with the most recent case involving a

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Musk and Markus Challenge SEC’s Claim that Crypto Lacks Inherent Value

Musk and Markus Challenge SEC’s Claim that Crypto Lacks Inherent Value

A spirited exchange on social media between Dogecoin co-creator Billy Markus and Tesla CEO Elon Musk has reignited discussions about

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Polkadot Expands With Five New Parachain Teams: A Diverse Ecosystem

Polkadot Expands With Five New Parachain Teams: A Diverse Ecosystem

The Polkadot network has grown significantly over the past couple of years due to its unique utilitarian features as signified

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Charles Hoskinson Sparks Debate on Blockchain Speed and TPS

Charles Hoskinson Sparks Debate on Blockchain Speed and TPS

In the dynamic landscape of blockchain and distributed ledger technologies, the topic of transaction processing speed has become a focal

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Nansen Report Unveils Surge in Solana’s Total Value Locked for 2023

Nansen Report Unveils Surge in Solana’s Total Value Locked for 2023

According to a recent report by Nansen, a well-known blockchain analytics firm, Solana has experienced a significant uptick in its

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JP Morgan’s Blockchain Lead Unveils 99.9% Focus on Tokenized Assets Over Crypto

JP Morgan’s Blockchain Lead Unveils 99.9% Focus on Tokenized Assets Over Crypto

At CCData’s Digital Asset Summit in London, Tyrone Lobban, who leads JP Morgan’s blockchain division, revealed that nearly all of

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Crypto Showdown: Cardano vs. Tron – The Battle of the L1 Titans

Crypto Showdown: Cardano vs. Tron – The Battle of the L1 Titans

In a recent clash of crypto titans, the blockchain world witnessed a fierce face-off between Cardano and Tron. These Layer

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NOWNodes Facilitates Development Environment for VeChain Enterprises in Web3

NOWNodes Facilitates Development Environment for VeChain Enterprises in Web3

In the rapidly evolving landscape of Web3 technology, infrastructure providers play a pivotal role in ensuring the speed, reliability, and