• 24 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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APT’s Unexpected Resilience After Upbit’s Scam Token Fallout

APT’s Unexpected Resilience After Upbit’s Scam Token Fallout

In an unexpected turn of events, South Korea’s largest cryptocurrency exchange, Upbit, recently found itself entangled in a scam token

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Ethereum’s Ascending Triangle Signals Buyer Interest Surge

Ethereum’s Ascending Triangle Signals Buyer Interest Surge

Renowned analyst and technical expert CryptoBusy recently highlighted some intriguing patterns in Ethereum’s market behavior. He pointed out an Ascending

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ERC-3009 Standard Redefines Ethereum Token Transfers: Enhances User Experience

ERC-3009 Standard Redefines Ethereum Token Transfers: Enhances User Experience

In the ever-evolving realm of technology, Polygon Labs emerges as a symbol of innovation and progress. Their recent adoption of

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Ethereum Faces Uncertainty as Whales Deposit Millions Amidst Bearish Signals

Ethereum Faces Uncertainty as Whales Deposit Millions Amidst Bearish Signals

Cryptocurrency enthusiasts and investors have been closely watching Ethereum as it grapples with a series of concerning developments. Notably, Ali,

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Busan Establishes 100 Million Won Fund to Become a ‘Blockchain City’

Busan Establishes 100 Million Won Fund to Become a ‘Blockchain City’

Busan, the second largest city in Korea, is planning to develop an open blockchain mainnet that is compatible with global

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CometBFT v0.38 Unveils ABCI++ to Enhance Interchain Development

CometBFT v0.38 Unveils ABCI++ to Enhance Interchain Development

The ecosystem of blockchains, Cosmos network has announced the future of blockchain technology with the release of CometBFT v0.38. This

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Ethereum L2 Aztec announces Aztec Sandbox For Smart Contract Privacy

Ethereum L2 Aztec announces Aztec Sandbox For Smart Contract Privacy

Aztec Labs, the blockchain project behind the Ethereum Layer 2 scaling solution Aztec, recently announced the launch of Aztec Sandbox.

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Shibarium RPC Node Sets New 7 Million Request Record

Shibarium RPC Node Sets New 7 Million Request Record

In the fast-paced world of blockchain technology, Shibarium has emerged as a true trailblazer. Recent developments surrounding the Shibarium remote

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Eclipse Mainnet Sets New Standards for Scalability and Security in ETH Ecosystem

Eclipse Mainnet Sets New Standards for Scalability and Security in ETH Ecosystem

Eclipse, a blockchain technology firm, recently celebrated the launch of its much-anticipated Layer 2 (L2) mainnet. Designed to be one

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New Ethereum Proposal ERC-7512 Aims to Enhance Smart Contract Security

New Ethereum Proposal ERC-7512 Aims to Enhance Smart Contract Security

Ethereum Blockchain has introduced a groundbreaking Ethereum Improvement Proposal (EIP) to improve the security of smart contracts on the ecosystem.

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Financial Challenges Plague Blockchain Startups In the Face of Regulatory Uncertainty

Financial Challenges Plague Blockchain Startups In the Face of Regulatory Uncertainty

Solana co-founder Anatoly Yakovenko has delivered a compelling message to the United States government, emphasizing the delicate balance required between

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Community Lauds TON Blockchain Amid Surprising Market Rally

Community Lauds TON Blockchain Amid Surprising Market Rally

TON Blockchain has shown resilience and growth potential in a market where even industry giants like Bitcoin and Ethereum are