• 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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Shibarium RPC Node Gears Up for a Highly Anticipated Launch

Shibarium RPC Node Gears Up for a Highly Anticipated Launch

Amidst the fast-paced realm of cryptocurrency news, where information often becomes a muddled labyrinth, NowNodes, the RPC provider for Shibarium,

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Palau’s Digital Currency Takes an Unexpected Break

Palau’s Digital Currency Takes an Unexpected Break

Palau’s innovative venture into the world of cryptocurrency, with its USD-backed stablecoin, is set to take a pause as the

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VeChain’s Whitepaper 3.0: Building a Sustainable Ecosystem with Blockchain

VeChain’s Whitepaper 3.0: Building a Sustainable Ecosystem with Blockchain

VeChain, in collaboration with Boston Consulting Group, introduces “Web3 For Better”, a groundbreaking whitepaper focusing on leveraging blockchain technology. The

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Ripple Sues UK-Based GCC Exchange For €13.8 million Over Unpaid Invoice

Ripple Sues UK-Based GCC Exchange For €13.8 million Over Unpaid Invoice

American blockchain giant Ripple Inc. recently took U.K-based GCC Exchange to court over outstanding dues. Ripple Labs Singapore Pte Ltd.,

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Fantom’s New Vault Round Initiative Counters Decline in Network Activity

Fantom’s New Vault Round Initiative Counters Decline in Network Activity

Over the past few weeks, the Fantom blockchain has faced challenges with dwindling network fundamentals, particularly a decline in daily

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Visa Expands Stablecoin Settlement with USDC on Solana

Visa Expands Stablecoin Settlement with USDC on Solana

Digital payment platform Visa announced that it is expanding its stablecoin settlement capabilities with Circle’s USDC to the Solana blockchain.

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Djed Stablecoin Ignites DeFi Revolution with Game-Changing Upgrade

Djed Stablecoin Ignites DeFi Revolution with Game-Changing Upgrade

In a remarkable stride towards enhancing the efficiency and user experience of the Djed stablecoin within the Cardano blockchain, COTI,

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Stake Faces $41 Million Security Breach, Recovers Swiftly

Stake Faces $41 Million Security Breach, Recovers Swiftly

On September 4, 2023, Stake, an Australian-based online cryptocurrency casino, fell victim to a significant security breach, with an unauthorized

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Shibarium Unveils Wrapped BONE and Achieves Milestones Amid Controversy

Shibarium Unveils Wrapped BONE and Achieves Milestones Amid Controversy

In a series of updates, Shytoshi Kusama, the leader of the Shiba Inu project, recently announced new features and milestones

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New Theories Emerge on Shiba Inu’s Creator: BoringSleuth Leads the Investigation

New Theories Emerge on Shiba Inu’s Creator: BoringSleuth Leads the Investigation

Recent developments in the cryptocurrency community have reignited the debate surrounding the identity of Ryoshi, the elusive creator of the

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Vechain Reveals Codeless Blockchain App Amid Singularity Partnership

Vechain Reveals Codeless Blockchain App Amid Singularity Partnership

Vechain, a leading enterprise-grade L1 blockchain, has joined forces with SingularityNET, a trailblazer in artificial intelligence (AI). The digital realm

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Polygon Partners with WenLlama, Phoenix Labs, and Hexensio to Support ETH

Polygon Partners with WenLlama, Phoenix Labs, and Hexensio to Support ETH

Polygon Labs has announced a strategic collaboration with WenLlama, Phoenix Labs, and Hexensio, aiming to fortify the Polygon Ecosystem while