• 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
Parallel Blockchain Game to Launch Closed Alpha In Three Days

Parallel Blockchain Game to Launch Closed Alpha In Three Days

A recent blog post announced that the closed alpha launch of blockchain game Parallel is set to take place in

News
Ethereum Or Solana; Know Here Which One To Buy

Ethereum Or Solana; Know Here Which One To Buy

Ethereum blockchain still looks more attractive despite Solana’s growing popularity In the recent development, the Solana network is gearing up

News
PolygonScan Blockchain Explorer Suffers An Outage

PolygonScan Blockchain Explorer Suffers An Outage

The PolygonScan blockchain explorer reportedly suffered an outage due to a bug on February 22. The PolygonScan outage event caught

News
Sandeep Nailwal’s Statement on SOL, ADA, and AVAX Refuted by the Community

Sandeep Nailwal’s Statement on SOL, ADA, and AVAX Refuted by the Community

Polygon co-founder Sandeep Nailwal has stated that he believes Ethereum will be the only layer 1 environment in the future,

News
Solana Set to Emerge as a Worthy L1 Rival: Coinbase

Solana Set to Emerge as a Worthy L1 Rival: Coinbase

The FTX exchange collapse did have an impact on the Solana blockchain (and its ecosystem), as well. The market sentiment

News
Conflux Network and Alchemy Pay Partner for Seamless Fiat-Crypto Payment Services

Conflux Network and Alchemy Pay Partner for Seamless Fiat-Crypto Payment Services

Conflux Network, a Layer 1 blockchain allowing for international cross-border transactions and decentralized economies of varying protocols, has joined forces

News
Klaytn Hit All-Time High Amid New Governance Initiative; What’s Next?

Klaytn Hit All-Time High Amid New Governance Initiative; What’s Next?

Klaytn Foundation, a key developer of the Klaytn blockchain’s making modifications to the network’s sustainability and transparency Klaytn’s price continued

News
Inside Cardano Foundation’s Core Strategic Focus Areas For 2023

Inside Cardano Foundation’s Core Strategic Focus Areas For 2023

The Cardano Foundation has revealed its core focus areas for 2023, which will be operational resilience, education, and adoption. According

News
Clover Finance Unveils Wallet Talk Allowing Token Transfer via Chat

Clover Finance Unveils Wallet Talk Allowing Token Transfer via Chat

Clover Finance, a blockchain infrastructure platform, has announced its latest product, Wallet Talk, which aims to revolutionize how users communicate

News
Cardano Announces the Launch of the Valentine Upgrade for Plutus SECP

Cardano Announces the Launch of the Valentine Upgrade for Plutus SECP

Input Output, a research and development company, has announced the release of the Valentine upgrade, which includes support for Plutus

News
Blockchain Association Files an Amicus Brief in the Coinbase Insider Trading Lawsuit

Blockchain Association Files an Amicus Brief in the Coinbase Insider Trading Lawsuit

The Blockchain Association has filed an amicus brief in the U.S. Securities and Exchange Commission’s (SEC) insider trading lawsuit against

News
Charles Hoskinson Addresses the Community’s Concern Over Cardano KYC

Charles Hoskinson Addresses the Community’s Concern Over Cardano KYC

Charles Hoskinson, the inventor of Cardano as well as IOHK, recently took part in a Twitter conversation about the contentious