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.
Avalanche has recently announced a deal with TSM, the well-known esports organization, to become its exclusive blockchain partner. The partnership
In a joint effort with global partner BCG, a new whitepaper has been launched to kick off a new era
Polygon, one of the leading Layer 2 scaling solutions for Ethereum, is gearing up for a major upgrade to its
VeChain, a globally recognized multibillion-dollar enterprise-grade blockchain protocol, has announced a partnership with the Boston Consulting Group (BCG) to drive
Ripple and the U.S. Faster Payments Council (FPC) released the ‘Blockchain and Crypto in Payments – Transforming the Way Money
SingularityNET, the decentralized AI platform, has announced the launch of the Rejuve Utility Token (RJV), a novel initiative aimed at
In recent news, IOST_Official, a blockchain technology company, has announced a new strategic partnership with Amazon Web Services (AWS) to
Coinbase, Coinbase Wallet, and Build on Base have announced their latest efforts to revolutionize blockchain accessibility for users and developers
The price of SingularityNET (AGIX), an Artificial Intelligence (AI) marketplace based on Cardano, has reportedly risen over 17% in the
The world of cryptocurrency is set to take a new turn as VoxelX Network has pledged its full support for
Sui Network CTO Sam Blackshear has accused Aptos of pressuring Pontem Network into removing two Move language developers and a
South Korea’s Lotte Group is expanding its non-fungible token (NFT) business globally through a partnership with Polygon blockchain. Daehong Communications,
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