• 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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Friend.tech’s Daily Earnings Exceed Ethereum as Top “Key” Price Surges

Friend.tech’s Daily Earnings Exceed Ethereum as Top “Key” Price Surges

The social app Friend.tech has experienced amazing success, surpassing Ethereum’s earnings, and witnessing an 800% surge in the value of

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Polygon 2.0 Kicks Off as MATIC Struggles: Will Bears or Bulls Prevail?

Polygon 2.0 Kicks Off as MATIC Struggles: Will Bears or Bulls Prevail?

In recent times, Polygon’s MATIC has experienced significant fluctuations. The market has seen intense battles between the bulls and the

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Base Network Surges: Daily Transactions Skyrocket, Active Addresses Impress

Base Network Surges: Daily Transactions Skyrocket, Active Addresses Impress

In a recent development that sent shockwaves through the crypto community, Base Network experienced a remarkable surge in on-chain activity.

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Ethereum Faces Critical Challenge as Validator Growth Surges

Ethereum Faces Critical Challenge as Validator Growth Surges

The current situation with Ethereum Blockchain, as of September 14, 2023, revolves around a critical issue related to its network’s

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SUI Introduces Zklogin for Users to Login With Google & Twitch

SUI Introduces Zklogin for Users to Login With Google & Twitch

A piece of news in stride towards enhancing the accessibility of blockchain technology to mainstream users, Sui, a pioneering Layer

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Welly’s Blockchain Revolution: Shibarium Paves the Way for a New Era in Fast Food

Welly’s Blockchain Revolution: Shibarium Paves the Way for a New Era in Fast Food

In a groundbreaking move, Italy-based fast food franchise Welly is spearheading the integration of blockchain technology to transform the fast

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opBNB Mainnet Launches: BNB Smart Chain’s Breakthrough Layer 2 Solution

opBNB Mainnet Launches: BNB Smart Chain’s Breakthrough Layer 2 Solution

In a groundbreaking move aimed at democratizing access to blockchain technology, the opBNB Mainnet has been officially launched. This Layer

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Blockchain Titans: Astar Network and Polygon Labs Redefine Cross-Chain

Blockchain Titans: Astar Network and Polygon Labs Redefine Cross-Chain

In a tweet that has set the crypto world abuzz, Astar Network, a leading smart contract platform in the Polkadot

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Mina Protocol Introduces ZK Smart Contracts, Enhancing Kimchi

Mina Protocol Introduces ZK Smart Contracts, Enhancing Kimchi

Mina Protocol is gearing up for a significant upgrade, a topic that has been buzzing within the community. This eagerly

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Solana Blockchain Comes up With Fundamentally Strong Projects

Solana Blockchain Comes up With Fundamentally Strong Projects

Solana ($SOL) has indeed been making significant strides in the blockchain space, The blockchain emphasis on speed and efficiency is

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JPMorgan’s Deposit Token to Revolutionize Cross-Border Payments

JPMorgan’s Deposit Token to Revolutionize Cross-Border Payments

JPMorgan Chase, America’s largest bank by assets, is forging ahead in the digital payment space by developing a blockchain-based deposit

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Grab and Mirae Asset Securities Choose Polygon for Blockchain Integration

Grab and Mirae Asset Securities Choose Polygon for Blockchain Integration

Polygon, an Ethereum layer-2 scaling network, is expanding its reach through two pivotal collaborations with Southeast Asia’s super app Grab