• 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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Citi Eyes a ‘Killer Use Case,’ Trillions in Tokenized Assets by 2030

Citi Eyes a ‘Killer Use Case,’ Trillions in Tokenized Assets by 2030

Prominent investment bank Citi is ready to bank on what it calls a “killer use case” of crypto. As per

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Milkomeda Boosts Cardano’s EVM with Direct Smart Contract Access

Milkomeda Boosts Cardano’s EVM with Direct Smart Contract Access

Milkomeda is set to introduce a new feature that will allow Cardano users to use Ethereum Virtual Machine (EVM) contracts,

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Blockchain Job Exodus: U.S. Uncertainty Pushes One Million Jobs Overseas

Blockchain Job Exodus: U.S. Uncertainty Pushes One Million Jobs Overseas

The United States risks losing out on one million web3 developer jobs and millions of related non-technical jobs over the

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How Does SHIB,BONE, and LEASH React To Shibarium’s Transaction Hike; Read Here!

How Does SHIB,BONE, and LEASH React To Shibarium’s Transaction Hike; Read Here!

SHIB depreciated nearly 13% since March and looks not much optimistic with the launch of Shibarium along with BONE and

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IOTA Foundation Steps Up its Game With Shimmer Testnet Launch

IOTA Foundation Steps Up its Game With Shimmer Testnet Launch

IOTA Foundation has announced the release of the Shimmer Ethereum Virtual Machine (EVM) test chain on its Shimmer testnet. The

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Conflux Network’s Partnership with XCMG Group Drives 19.6% Surge in CFX Token Value

Conflux Network’s Partnership with XCMG Group Drives 19.6% Surge in CFX Token Value

CFX, the native token of the Conflux Network, has surged by 19.6% following an exciting announcement by CoinGecko. According to

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BNB Chain Takes on L2 Competitors with Proposal for Reduced Transaction Fees

BNB Chain Takes on L2 Competitors with Proposal for Reduced Transaction Fees

BNBChain, the blockchain behind Binance’s native token BNB, has proposed a more adaptive transaction fee structure for the Binance Smart

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Noble to Revolutionize Cross-Chain Transactions with USDC Issuance Platform in Cosmos

Noble to Revolutionize Cross-Chain Transactions with USDC Issuance Platform in Cosmos

Noble, a leading blockchain-based fintech firm, has announced its issuance platform for native USDC in the Cosmos and boundless Inter-Blockchain

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The Great SAND Shake-Up: TheSandbox Whale Moves $250M in Cryptocurrency

The Great SAND Shake-Up: TheSandbox Whale Moves $250M in Cryptocurrency

In a move that has stunned the crypto world, a well-known TheSandbox whale has emptied out its 409M SAND, worth

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ConsenSys Re-Ignites zkEVM Race with Linea Launch

ConsenSys Re-Ignites zkEVM Race with Linea Launch

Ethereum software company ConsenSys has announced the launch of a public testnet for its zero-knowledge Ethereum Virtual Machine (zkEVM), which

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Shibarium Documentation Reveals Major Plans for Shiba Inu Ecosystem

Shibarium Documentation Reveals Major Plans for Shiba Inu Ecosystem

The Shiba Inu development team has released the public documentation for the highly anticipated Shibarium beta, a blockchain layer-2 solution

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Top 10 Cryptocurrencies: Polkadot Dominates Development Activity with Kusama Close Behind

Top 10 Cryptocurrencies: Polkadot Dominates Development Activity with Kusama Close Behind

In cryptocurrency, development activity is an essential indicator of a project’s potential success. According to notable GitHub commits, the past