Ethereum Foundation Breaks New Ground with EELS Introduction
In a major development on August 29, 2023, the Ethereum Foundation introduced the Ethereum Execution Layer Specification (EELS). This Python-based
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.
In a major development on August 29, 2023, the Ethereum Foundation introduced the Ethereum Execution Layer Specification (EELS). This Python-based
In a groundbreaking move set to revolutionize the fight against climate change, Carbonbase, a leader in climate-tech solutions for carbon
Shibarium, a novel blockchain platform, recently announced its official and stable operation. Spearheaded by the visionary behind the Shiba Inu
In a groundbreaking move that sent shockwaves through the blockchain community, Aptos Network introduced the Aptos Digital Asset Standard (DA)
Polygon founder Sandeep Nailwal recently congratulated the StarkWare team and its co-founder, Eli Ben-Sasson, for open-sourcing its Stone Prover. StarkWare,
Polkadot, the open-source sharded multichain protocol that boasts one of the largest blockchains in the world, recently announced its plan
Cardano’s ADA, a prominent name in the cryptocurrency realm, is currently grappling with a challenging phase. Despite its forward-thinking trajectory
In a strategic union of cutting-edge technology, Aptos Labs, a blockchain Layer 1 platform established by former Meta employees, has
Prominent privacy and decentralization advocate, Chris Blec, has voiced strong disapproval of the decision taken by MakerDAO’s decentralized lending platform,
Professor Qi Ge, a member of the Steering Committee and a researcher in 2D materials, is at the forefront of
A significant security vulnerability was recently detected and reported in the cryptocurrency project Worldcoin by CertiK, a renowned blockchain security
In a recent video by InvestAnswers, the cryptocurrency community witnessed an intense face-off between two prominent blockchain platforms, Solana and
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