• 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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Mercedes-Benz Acentrik Boosts MATIC Adoption on Polygon

Mercedes-Benz Acentrik Boosts MATIC Adoption on Polygon

Mercedes-Benz’s Acentrik, a groundbreaking product known for its enterprise-grade tools, has won the prestigious Industry Innovator of the Year award

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Coinbase Launches Base Mainnet on August 9, Celebrates Onchain Summer

Coinbase Launches Base Mainnet on August 9, Celebrates Onchain Summer

The popular crypto exchange Coinbase announced the public launch of Base, the platform’s layer-2 blockchain built with Optimism’s OP Stack.

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Vodafone DAB and Aventus Unite for Web3 Adoption in Economy of Things

Vodafone DAB and Aventus Unite for Web3 Adoption in Economy of Things

In a significant stride towards Web3 integration, Vodafone’s ‘Economy of Things’ Digital Asset Broker (DAB) business collaborates with Aventus, a

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Retail Crypto Trading Takes Off in Hong Kong with HashKey Pro Leading the Charge

Retail Crypto Trading Takes Off in Hong Kong with HashKey Pro Leading the Charge

According to a Bloomberg report, the Hong Kong Securities Regulatory Commission (SFC) has made a landmark decision to allow retail

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Hyundai And Kia Introduce Blockchain-Powered CO2 Emission Tracking System On Hedera

Hyundai And Kia Introduce Blockchain-Powered CO2 Emission Tracking System On Hedera

In a pivotal move towards eco-conscious supply chain management, Hyundai Motor Company, and Kia Corporation have unveiled an AI-enabled Supplier

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Shiba Inu Gears Up for Shibarium, Marking a New Era for the Meme Coin

Shiba Inu Gears Up for Shibarium, Marking a New Era for the Meme Coin

In the latest update from Shiba Inu, Shytoshi Kusama, the lead developer of the popular meme coin, has revealed that

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Cardano’s Mithril Protocol Launched, Community Buzz with Excitement

Cardano’s Mithril Protocol Launched, Community Buzz with Excitement

Cardano, one of the leading blockchain networks, has taken a giant leap towards progress by introducing its stake-based signature protocol,

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Ethereum’s 8th Birthday Marks Strong Growth and DeFi Innovation

Ethereum’s 8th Birthday Marks Strong Growth and DeFi Innovation

Ethereum, the pioneering blockchain platform, is celebrating its 8th anniversary with resounding success and achievements in the world of cryptocurrencies

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Ethereum’s EIP-6968 Gains Traction, Promises Revenue Boost for dApp Developers

Ethereum’s EIP-6968 Gains Traction, Promises Revenue Boost for dApp Developers

Ethereum developers have put forth an innovative proposal, EIP-6968, that could potentially revolutionize the Ethereum scaling sector. This innovative proposal

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Hashgraph Association Announces Partnership with Information Data Systems

Hashgraph Association Announces Partnership with Information Data Systems

The Hashgraph Association, an independent non-profit organization, announced a partnership with the Indian enterprise blockchain service provider Information Data Systems

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Delabs Games Secures $4.7 Million Funding for Development on Polygon

Delabs Games Secures $4.7 Million Funding for Development on Polygon

Blockchain game developer Delabs Games, known for Rumble Racing Star and other forthcoming titles, has completed a seed investment round,

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Theta Network Token Up 8% After Launch Of AI Supercluster With FedML

Theta Network Token Up 8% After Launch Of AI Supercluster With FedML

Theta Network, a leading blockchain for video, media, and entertainment, recently announced the launch of a decentralized artificial intelligence (AI)