• 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.

News
Crypto Influencer Alleges Vitalik Buterin Tried To Create A Blockchain Monopoly

Crypto Influencer Alleges Vitalik Buterin Tried To Create A Blockchain Monopoly

A self-styled sleuth who goes by Mr. Huber, published a series of documents on Twitter earlier today, claiming that Ethereum

News
XRP Ledger Q1 Report: Substantial Surge in Active Addresses and Transactions

XRP Ledger Q1 Report: Substantial Surge in Active Addresses and Transactions

The latest reports on the decentralized public blockchain XRP Ledger (XRPL) indicated that the first quarter of 2023 has been

News
SOL Emerges Victorious: BTC and ETH Struggle, Users Flock to Low-Fee Blockchain

SOL Emerges Victorious: BTC and ETH Struggle, Users Flock to Low-Fee Blockchain

Solana’s recent on-chain activities have come as a surprise to the crypto market. This could be due to the low

News
Software Engineer Pictures Visa’s Paymaster Smartcard Contract on Ethereum Goerli

Software Engineer Pictures Visa’s Paymaster Smartcard Contract on Ethereum Goerli

The renowned software engineer Cygaar shared a series of Twitter threads, discussing Visa’s deployment of a paymaster smartcard contract on

News
Bedrock Upgrade for Ethereum to Address Scalability Issues Set for June Release

Bedrock Upgrade for Ethereum to Address Scalability Issues Set for June Release

The highly anticipated Bedrock hard fork for Optimism, a “layer 2” scaling solution for the Ethereum blockchain, has been scheduled

News
China’s Highest National Agency Warns the Risks Posed by NFTs

China’s Highest National Agency Warns the Risks Posed by NFTs

The Supreme People’s Procuratorate of the People’s Republic of China, the country’s highest national agency, released guidelines regarding the treatment

News
Cardano Founder Will Vote For Pro-Crypto Politicians In Next Elections

Cardano Founder Will Vote For Pro-Crypto Politicians In Next Elections

Charles Hoskinson, the man behind the proof of stake blockchain Cardano, has announced that he would become a single-issue voter

News
Blockchain Safety at Risk as Ethereum Network Struggles with Finality Issues

Blockchain Safety at Risk as Ethereum Network Struggles with Finality Issues

On Friday, a technical glitch halted the Ethereum network from finalizing blocks, making it the second-largest blockchain in the world

News
Blockchain Enthusiast Explains Eight Vulnerabilities of Cardano Blockchain

Blockchain Enthusiast Explains Eight Vulnerabilities of Cardano Blockchain

The blockchain enthusiast and educator Tobias Ilskov discussed the serious vulnerabilities of the Cardano blockchain, positing that the challenges should

Market News
Litecoin’s Transactions Hit Record Highs Amid Bitcoin Network Congestion

Litecoin’s Transactions Hit Record Highs Amid Bitcoin Network Congestion

As the popularity of Bitcoin continues to soar, so does its network congestion, leading many users to explore cheaper alternatives

News
Cardano Node Update Introduces Governance Poll Voting for Stake Pool Operators

Cardano Node Update Introduces Governance Poll Voting for Stake Pool Operators

Cardano, the third-generation blockchain platform, has announced the release of a new version of its node. This update includes governance

News
Cardano Edges Closer to Maximum Capacity; Says Developer

Cardano Edges Closer to Maximum Capacity; Says Developer

The recent reports revealed that the public blockchain platform Cardano is currently standing at 94% load, edging closer to its