• 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
Dopex x Polygon Strike a Dope Partnership

Dopex x Polygon Strike a Dope Partnership

Decentralized options exchange Dopex announces it will launch on Polygon following a strategic agreement with Polygon Labs. Dopex is a

Market News
Terra Classic Surged by 18% After the Signal Proposal to Re-peg With UST was Passed

Terra Classic Surged by 18% After the Signal Proposal to Re-peg With UST was Passed

Terra Classic (LUNc), the native cryptocurrency of the Terra blockchain network, surged by nearly 18% on February 2 following news

Market News
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On-chain Activity Seen in the First Month of 2023 Has Been Absolutely Remarkable!

The number of active addresses on the leading blockchain networks all saw impressive growth, with Binance Chain (20.4M), Polygon (17.5M),

News
Toyota Motor x Polkadot Parachain Astar Network Tie-Up for Web3

Toyota Motor x Polkadot Parachain Astar Network Tie-Up for Web3

Japan’s largest motor company and the world’s leading car manufacturer, Toyota Motor Corporation (Toyota), is reportedly exploring web3 use cases.

News
Fantom Blockchain Unveils fUSD v2 Stablecoin Upgrade

Fantom Blockchain Unveils fUSD v2 Stablecoin Upgrade

Fantom, a blockchain platform, plans to launch version 2 of its fUSD stablecoin to provide a more predictable and cost-effective

News
India’s Tata Power Partners With Contour to Get into the Blockchain

India’s Tata Power Partners With Contour to Get into the Blockchain

On the 30th of January, Tata Power, an Indian power production firm, said that it has collaborated with Contour, a

News
IOTA Set to Play Major Role in European Union’s Blockchain Plans

IOTA Set to Play Major Role in European Union’s Blockchain Plans

According to the official blog of the cryptocurrency firm IOTA, the company has been invited to take part in the

News
Shiba Inu’s Shiba Eternity Game’s 3rd Big Upgrade

Shiba Inu’s Shiba Eternity Game’s 3rd Big Upgrade

The Shiba Eternity game’s developers have been constantly working to build it with monthly developments ever since its launch. Yet

News
Charles Hoskinson Explains Cardano’s Recent Anomaly

Charles Hoskinson Explains Cardano’s Recent Anomaly

Cardano had a minor glitch on January 22 that lasted until January 23 and caused a subset of its nodes

News
Cardano Foundation CEO Talks Blockchain at Davos

Cardano Foundation CEO Talks Blockchain at Davos

Frederik Gregaard, CEO, Cardano Foundation, shares his Davos experience in a series of tweets. An avid Public Blockchain believer and

News
Cardano to Boosts Interoperability with February Plutus Upgrade

Cardano to Boosts Interoperability with February Plutus Upgrade

Per a recent announcement from Input Output, the Cardano blockchain is set to bring greater interoperability and secure cross-chain dApp

News
National Australia Bank Debuts AUDN Stablecoin on Ethereum

National Australia Bank Debuts AUDN Stablecoin on Ethereum

In order to emphasize the role of banks in encouraging innovation in the digital economy, National Australia Bank has developed