• 22 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.

Markets
Telegram Open Network Disrupted by DOGS Memecoin Launch

Telegram Open Network Disrupted by DOGS Memecoin Launch

The Telegram Open Network (TON) has faced significant disruption, remaining down for more than three hours after a surge in

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Review on AVAX: Unique Architecture & Consensus Mechanism

Review on AVAX: Unique Architecture & Consensus Mechanism

Avalanche is a cutting-edge blockchain platform that is not just a contender but also a rival to the Ethereum blockchain.

Markets
Parity’s Proof-of-Ink Secures Digital Identity with Blockchain Tattoos

Parity’s Proof-of-Ink Secures Digital Identity with Blockchain Tattoos

Parity Technologies has unveiled a pioneering solution to secure digital individuality in the Web3 ecosystem. Known as “Proof-of-Ink,” this innovative

News
Shibarium Marks First Anniversary as SHIB Hit Weekly Highs

Shibarium Marks First Anniversary as SHIB Hit Weekly Highs

Shibarium, the Layer 2 blockchain within the Shiba Inu ecosystem, recently celebrated its first anniversary. Shytoshi Kusama, the project’s lead

Markets
Sony Launches Soneium Blockchain Partnering with Startale

Sony Launches Soneium Blockchain Partnering with Startale

Sony Group has officially launched its new blockchain platform, Soneium, developed in partnership with Startale Labs. This Ethereum Layer 2

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Tron Removes 12,000 BTC from USDD Collateral Without Vote

Tron Removes 12,000 BTC from USDD Collateral Without Vote

The decentralized stablecoin USDD, launched on Tron, has undergone a significant adjustment to its collateral backing. Arkham Intelligence, an analyst

News
Galaxy Digital Adds 400 BTC After Strategic Withdrawals

Galaxy Digital Adds 400 BTC After Strategic Withdrawals

Galaxy Digital, a digital asset and blockchain leader, has been actively moving substantial amounts of Bitcoin between exchanges, and recent

Market News
Layer 1 Blockchains Surge in Social Dominance, Signaling Market Optimism

Layer 1 Blockchains Surge in Social Dominance, Signaling Market Optimism

Layer 1 blockchains have been central in cryptocurrency discussions, showcasing a strong influence on market trends. This increased engagement is

News
Whale Activity on Binance Sparks Speculation Over Massive USDT Transfers

Whale Activity on Binance Sparks Speculation Over Massive USDT Transfers

A significant surge in on-chain activity on Binance has drawn attention, with massive USDT transfers being observed. According to Whale

News
Pixelverse Co-Founder Highlights Funding Challenges in Blockchain Gaming

Pixelverse Co-Founder Highlights Funding Challenges in Blockchain Gaming

Despite significant investment, blockchain games have struggled to attract genuine players. According to Pixelverse co-founder Kori Leon, per Odaily, the

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What Is Crypto Airdrop, and How Does It Work?

What Is Crypto Airdrop, and How Does It Work?

In the world of crypto, where evolution happens at a rapid pace, capturing the attention of crypto investors and enthusiasts

News
Degen Chain Bridge Bug Results in Fund Loss: Is Layer-3 Ready for Prime Time?

Degen Chain Bridge Bug Results in Fund Loss: Is Layer-3 Ready for Prime Time?

In a significant setback for the Degen Chain community, a user recently lost 90% of their funds during a bridge