• 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
EOS EVM Mainnet Beta Goes Live, A Game-Changer for Smart Contracts

EOS EVM Mainnet Beta Goes Live, A Game-Changer for Smart Contracts

The EOS Network Foundation (ENF) has announced the beta launch of its EOS EVM mainnet, an important step toward interoperability

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93.9% HODLers Use Crypto as an Investment; Says Data Aggregator

93.9% HODLers Use Crypto as an Investment; Says Data Aggregator

A recent survey conducted by CoinGecko and Blockchain Research Lab revealed that people use cryptocurrencies more for investment, staking, and

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Ethereum Announces Latest Updates on the Rollup Scaling Upgrade, Danksharding

Ethereum Announces Latest Updates on the Rollup Scaling Upgrade, Danksharding

The leading decentralized blockchain platform Ethereum announced the latest updates on the blockchain’s rollup scaling upgrade, Danksharding, the novel sharding

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HashKey Group Launches Reward Program HashKey EcoPoints

HashKey Group Launches Reward Program HashKey EcoPoints

Hong Kong-based blockchain and crypto firm, HashKey Group, has announced the launch of HashKey EcoPoints – HSK, a reward program

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Ethereum Price Consolidates Near $1,900 as ETH Validators are at Loss

Ethereum Price Consolidates Near $1,900 as ETH Validators are at Loss

The Crypto analytics platform Glassnode reported in its latest tweet that Ethereum validators are suffering losses. According to the report,

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CryptoGPT Bags $10M Series A for AI-Powered Blockchain Expansion

CryptoGPT Bags $10M Series A for AI-Powered Blockchain Expansion

CryptoGPT, a zero-knowledge layer 2 blockchain network leveraging artificial intelligence, has successfully raised $10 million in a Series A funding

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SlowMist Open-Sources Web3 Project Security Practice Requirements

SlowMist Open-Sources Web3 Project Security Practice Requirements

Focusing on the blockchain ecosystem security, the security team of SlowMist has reportedly open-sourced Web3 Project Security Practice Requirements. Based

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Liqwid Finance Integrates Charli3 Oracle to Boost Cardano Ecosystem

Liqwid Finance Integrates Charli3 Oracle to Boost Cardano Ecosystem

The Cardano (ADA) ecosystem continues to evolve with the integration of Charli3, its first-ever oracle service, in a significant partnership

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Ava Labs Teams Up With South Korean Gaint to Transform Web3 Landscape

Ava Labs Teams Up With South Korean Gaint to Transform Web3 Landscape

Ava Labs, the creator of the Avalanche layer-1 blockchain, has announced a strategic partnership with SK Planet, a subsidiary of

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Nansen Research on zk-EVMs—Testnet to Mainnet

Nansen Research on zk-EVMs—Testnet to Mainnet

2023 is the year of zk-EVMs (zero-knowledge Ethereum Virtual Machines) to be on the rise. In context, with zkSync’s total

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Arbitrum Climbs to #39 Market Cap Position, Investors Learn from $APT and $OP Volatility

Arbitrum Climbs to #39 Market Cap Position, Investors Learn from $APT and $OP Volatility

Arbitrum, a leading layer 2 scaling solution for Ethereum, has recently climbed to the #39 market cap position. This comes

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Arbitrum Takes Bold Step to Ensure Liquidity: Provides $40M ARB Loan to Market Makers

Arbitrum Takes Bold Step to Ensure Liquidity: Provides $40M ARB Loan to Market Makers

Arbitrum, the Ethereum layer 2 solutions provider, has announced a $40 million ARB loan to market makers in a bold