• 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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Input-Output Global CEO Lauds Cardano’s “Real Adoption” and Growing Ecosystem

Input-Output Global CEO Lauds Cardano’s “Real Adoption” and Growing Ecosystem

Charles Hoskinson, the CEO of the technology engineering company Input-Output Global (IOG), took to Twitter to highlight the real decentralized

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Tether and Government of Georgia sign MoU to Foster Blockchain Innovation

Tether and Government of Georgia sign MoU to Foster Blockchain Innovation

Stablecoin USDT issuer Tether has signed a Memorandum of Understanding (MoU) with the government of Georgia. The aim of this

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Global X Blockchain & Bitcoin Strategy ETF (BITS) Surges to New 52-Week High

Global X Blockchain & Bitcoin Strategy ETF (BITS) Surges to New 52-Week High

In a notable development for cryptocurrency enthusiasts and investors, the actively managed fund, Global X Blockchain & Bitcoin Strategy ETF

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A Stronger Server Infrastructure Boosts Crypto Adoption: Says Messari

A Stronger Server Infrastructure Boosts Crypto Adoption: Says Messari

Crypto intelligence firm Messari recently highlighted the need for a stronger server infrastructure in order to increase mainstream adoption of

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Ether’s Regulatory Uncertainty Damages its Performance Against Bitcoin’s Rally

Ether’s Regulatory Uncertainty Damages its Performance Against Bitcoin’s Rally

The leading cryptocurrency Bitcoin’s (BTC) recent price rally has reportedly left the decentralized blockchain Ethereum’s native Ether (ETH) token lagging

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Optimism’s Bedrock Upgrade Leads To 67% Hike In Daily Transactions

Optimism’s Bedrock Upgrade Leads To 67% Hike In Daily Transactions

Optimism, the layer 2 scaling solution for the Ethereum blockchain, unveiled its Bedrock upgrade earlier this month. The upgrade led

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Staked Ether Exceeds 20 Million ETH Following Shanghai Upgrade

Staked Ether Exceeds 20 Million ETH Following Shanghai Upgrade

The total number of Ether deposited for staking recently exceeded the 20 million ETH threshold. At the time of writing,

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Use of On-Chain Data in Crypto Businesses Visions Strategic Growth

Use of On-Chain Data in Crypto Businesses Visions Strategic Growth

The American blockchain analysis firm, Chainalysis, released a set of guidelines for “On-Chain User Segmentation for Crypto Exchanges”, shedding light

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‘Impact= Profit’: Optimism Foundation Announces RetroPGF Round 3

‘Impact= Profit’: Optimism Foundation Announces RetroPGF Round 3

Optimism Foundation, the Ethereum-based decentralized platform has announced the RetroPGF (Retroactive Public Goods Funding) Round 3, an experimental mechanism that

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Terra Classic L1 Team Plans Launching a LUNC Station Wallet

Terra Classic L1 Team Plans Launching a LUNC Station Wallet

The global payment systems blockchain protocol Terra Classic’s L1 Team has proposed creating a LUNC Station wallet with community ownership

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KAVA Token Jumps 10% After Tether Launches USDT On Kava Blockchain

KAVA Token Jumps 10% After Tether Launches USDT On Kava Blockchain

Tether, the crypto giant behind the world’s largest stablecoin USDT, recently announced that it would launch its flagship stablecoin on

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Flashbots Co-Founder Exits Firm, Warns About Serious Challenges Ahead

Flashbots Co-Founder Exits Firm, Warns About Serious Challenges Ahead

Alex Obadia, the co-founder of Ethereum infrastructure services company Flashbots, recently announced his departure from the company. In a letter