• 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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Controversial Arkham Intel Exchange Makes Headway with First Bounty

Controversial Arkham Intel Exchange Makes Headway with First Bounty

The Arkham Intel Exchange, a platform that has stirred controversy in the cryptocurrency community, has made its first bounty payment

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Worldcoin and Tools for Humanity Achieve Milestone with Successful Migration

Worldcoin and Tools for Humanity Achieve Milestone with Successful Migration

In a significant development in the blockchain technology space, the Worldcoin Foundation and Tools for Humanity (TFH) have successfully migrated

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Solana Labs Unveils Solang Compiler for Seamless Solidity-Solana Smart Contracts

Solana Labs Unveils Solang Compiler for Seamless Solidity-Solana Smart Contracts

In a recent announcement, Solana Labs, a web-scale blockchain platform, unveiled Solang, a ground-breaking compiler that bridges the gap between

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Polygon Labs Unveils Three Pillars: A Novel Governance Approach

Polygon Labs Unveils Three Pillars: A Novel Governance Approach

The blockchain platform Polygon has proposed a new governance framework, unveiling three pillars of future growth and development of the

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Cardano Parent Input Output Launches Daedalus Wallet For Mainnet

Cardano Parent Input Output Launches Daedalus Wallet For Mainnet

Input Output (IOHK), the parent organization behind the Cardano blockchain, recently launched the Daedalus wallet version 5.3.0 for mainnet. The

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Unleashing the Power of Blockchain: Top Games with Engaging Social Communities

Unleashing the Power of Blockchain: Top Games with Engaging Social Communities

In the ever-evolving digital entertainment landscape, blockchain technology has revolutionized the gaming industry, offering new possibilities for ownership, in-game economies,

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Charles Hoskinson Presents Intersect For Cardano Ecosystem Governance

Charles Hoskinson Presents Intersect For Cardano Ecosystem Governance

Charles Hoskinson, the man behind the Cardano blockchain, presented a new community-driven entity that would increase the community’s participation in

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AXL Up 15.2% After Axelar Announces Partnership With Microsoft

AXL Up 15.2% After Axelar Announces Partnership With Microsoft

Cross-chain protocol Axelar recently announced an enterprise partnership with tech giant Microsoft. The purpose of the partnership revolved around exploring

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VeChain Records $105M Growth in Q1 2023 Despite Shaky Market

VeChain Records $105M Growth in Q1 2023 Despite Shaky Market

In a recently released financial report, the VeChain Foundation, the firm behind the eco-friendly blockchain VeChain, has reported a robust

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Polygon Unveils 2.0 Architecture: Redefining the Value Layer of the Internet

Polygon Unveils 2.0 Architecture: Redefining the Value Layer of the Internet

In a game-changing revelation, Sandeep Nailwal, co-founder of Polygon, has announced the launch of Polygon 2.0 architecture, set to transform

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Stuart Alderoty Supports Call for Gensler’s Step-Back from Crypto Matters

Stuart Alderoty Supports Call for Gensler’s Step-Back from Crypto Matters

In the wake of a controversial open letter from the Blockchain Association, Ripple’s Chief Legal Officer, Stuart Alderoty, has voiced

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Cardano Community in FUD over Robinhood and Celsius Dumping ADA Tokens

Cardano Community in FUD over Robinhood and Celsius Dumping ADA Tokens

The Cardano community is concerned about the potential sell-off of Cardano token (ADA) by major platforms like Robinhood and Celsius,