• 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
Cardano Founder Responds to Conspiracy Surrounding SEC v. Ripple Case

Cardano Founder Responds to Conspiracy Surrounding SEC v. Ripple Case

Cardano blockchain ecosystem founder Charles Hoskinson recently addressed allegations of corruption in the SEC v. Ripple case on Twitter. Hoskinson’s

News
Blockchain Analyst Provides Insight on Stablecoins’ High Degree of Correlation

Blockchain Analyst Provides Insight on Stablecoins’ High Degree of Correlation

The blockchain research platform Nansen shared the latest insights on the stablecoins, highlighting that some stablecoins including USDC, FRAX, and

News
Coinbase Lawyer Employs Petition Clause as His New Weapon Against SEC

Coinbase Lawyer Employs Petition Clause as His New Weapon Against SEC

Paul Grewal, the American attorney, and Chief Legal Officer at the crypto exchange Coinbase has introduced his new weapon against

News
Deloitte Joins Hands with Polkadot’s KILT for Seamless KYC Processing

Deloitte Joins Hands with Polkadot’s KILT for Seamless KYC Processing

Deloitte Switzerland, one of the world’s leading accounting firms, recently announced its partnership with blockchain network Polkadot’s KILT protocol to

Crypto Exchanges
CEX’s Trading Volume Declines in April by 43.8% from March

CEX’s Trading Volume Declines in April by 43.8% from March

The latest analysis on the Centralized Crypto Exchanges (CEX) indicated that their trading volume declined in April after three consecutive

News
Crypto Insiders Ridicule Cardano Programming; CEO Retaliates

Crypto Insiders Ridicule Cardano Programming; CEO Retaliates

Charles Hoskinson, the co-founder of the blockchain engineering company Input Output Global and the blockchain platform Cardano, shared a Twitter

News
PeckShieldAlert Alarms Crypto Community: Scammers Stole 2,237 BNB

PeckShieldAlert Alarms Crypto Community: Scammers Stole 2,237 BNB

A blockchain security and data analytics firm PeckShieldAlert (PSA) alerted the cryptocurrency community to phishing attacks. According to the report,

News
PeckShieldAlert Flags the “orblter[.]finance” Phishing Site

PeckShieldAlert Flags the “orblter[.]finance” Phishing Site

The leading blockchain security company PeckShieldAlert (PSA) has flagged a phishing site “orblter[.]finance” pretending to be “the real Orbiter Finance.”

News
Litecoin and VeChain Top Picks Amid Lightening Network And Web3 Revolution

Litecoin and VeChain Top Picks Amid Lightening Network And Web3 Revolution

VeChain (VET) and Litecoin (LTC), are the two top tokens that offer huge potential in the future for the cryptocurrency

Crypto Exchanges
Shanghai Upgrade Results in Over $2.15 Billion of ETH Withdrawals

Shanghai Upgrade Results in Over $2.15 Billion of ETH Withdrawals

In the aftermath of the Shanghai upgrade, over $2.15 billion worth of ETH has been withdrawn, with a significant portion

News
The Ultimate Blockchain Phone Showdown: Solana Saga vs. HTC Exodus 1

The Ultimate Blockchain Phone Showdown: Solana Saga vs. HTC Exodus 1

Last year, Solana’s co-founder and CEO, Anatoly Yakovenko, announced the launch of the Solana Saga, a web3-focused Android smartphone aimed

News
Cardano Launches the Alpha Phase of Aiken

Cardano Launches the Alpha Phase of Aiken

Cardano (ADA) has announced the launch of its open-source Aiken programming language and toolchain’s Alpha phase. An open-source smart contract