• 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
Tencent Cloud Partners Mysten Labs

Tencent Cloud Partners Mysten Labs

The Move language project Sui’s development team, Mysten Labs, has reportedly partnered with China’s Tencent’s cloud service. The partnership is

Market News
Fans of Chiliz Are Ecstatic as the Blockchain Token Skyrockets 20%

Fans of Chiliz Are Ecstatic as the Blockchain Token Skyrockets 20%

The popular fan token, Chiliz, has rolled out its EVM-compatible layer 1 blockchain. The news sent the price of the

News
Hedera Governing Council’s New Member is Dell Technologies

Hedera Governing Council’s New Member is Dell Technologies

The Hedera Governing Council (HGC) has announced that Dell Technologies is the newest member to join its Council. By joining

News
IOG Launches Public Testnet for Custom Sidechain Toolkit on Cardano Blockchain

IOG Launches Public Testnet for Custom Sidechain Toolkit on Cardano Blockchain

Input Output Global (IOG), the company behind the development of Cardano, has launched a public testnet for its new toolkit

News
Here Are The Top 3 Coins That Needs Your Attention; Get The Latest Insight

Here Are The Top 3 Coins That Needs Your Attention; Get The Latest Insight

The blockchain AI Project’s utility tokens $AGIX, and $FET reaps enormous gains for investors. SAND altcoin also grabs the attention

News
Immutable Launches NFT Collection Illuvium Beyond with Illuvitars

Immutable Launches NFT Collection Illuvium Beyond with Illuvitars

Illuvium, a decentralized game studio, has launched Illuvium: Beyond, a new blockchain-based initiative in collaboration with web3 gaming platform ImmutableX. 

News
Trader Joe DEX Integrates with LayerZero, Transforms JOE into Omnichain Token

Trader Joe DEX Integrates with LayerZero, Transforms JOE into Omnichain Token

Avalanche ecosystem DEX Trader Joe announced that it would integrate LayerZero. The integration will allow Trade Joe’s native Token JOE

News
“Fujitsu Web3 Acceleration Platform” is Live

“Fujitsu Web3 Acceleration Platform” is Live

Fujitsu has announced its “Fujitsu Web3 Acceleration Platform” is live. The platform aims to offer a developmental environment along with

News
As Whales Initiate Massive Transactions, the Price of SAND Plummets Dramatically

As Whales Initiate Massive Transactions, the Price of SAND Plummets Dramatically

As the blockchain gaming industry continues to expand, many large players have taken an interest in Sandbox. The recent unlocking

News
London, World’s Most Crypto-Friendly Business Hub: Recap

London, World’s Most Crypto-Friendly Business Hub: Recap

Recap Technologies Limited ranks London as the most crypto-friendly business and start-up hub after examining eight key indicators. Examining “crypto-readiness

News
Tron to Offer AI Payment Framework to OpenAI: Justin Sun

Tron to Offer AI Payment Framework to OpenAI: Justin Sun

Tron’s (TRX) Justin Suntron states Tron is set to offer an AI-oriented decentralized payment framework for ChatGPT and OpenAI systems.

Market News
Ethereum Appears To Be on the Cusp of a Formal Bull Market, Supported by Its MVRV Ratio

Ethereum Appears To Be on the Cusp of a Formal Bull Market, Supported by Its MVRV Ratio

Notably, the number of transactions on the Ethereum blockchain has nearly doubled since July 2020 and is now hovering close