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.
Multi-chain DCA platform Stackit Finance announced a partnership with blockchain-based liquidity hub KyberNetwork to integrate with Kyberswap API to maximize
The Daedalus 5.2.0 Mainnet is now released. A single-asset full-node cryptocurrency wallet, Daedalus is an open-source secured, and non-custodial desktop-only
The Central Bank of Iran (CBI) or Bank Markazi is reportedly developing a gold-pegged stablecoin with the Russian Federation. As
The performance of Algorand has been remarkable; after all, the total value locked (TVL) in this blockchain platform has seen
Shibarium is the Layer 2 network for Shiba Inu, a decentralized open-source blockchain built upon the Ethereum network. Designed to
In return for 400 million USDT, Tether has arranged for the Huobi exchange, which is managed by Justin Sun, to
Animoca Brands’ Japanese subsidiary has invested 100 million yen (approximately $780,000) in the Japanese metaverse company Psychic VR Lab. This
Fantom scores gains since the beginning of the week amid risk on market mood, co-founder discussed some upcoming developments Fantom
Canadian bitcoin miner Hive Blockchain (HIVE) earned about 184 BTC ($3.1 million) by curtailing its power use in December, whereas
In response to the Singaporean government’s proposed ban on cryptocurrency exchanges lending out digital tokens to retail clients, the country’s
The Shanghai Upgrade is bringing with it an emerging LSD narrative to the Ethereum blockchain. Two of the leading projects
DappRadar has issued its annual report on the cryptocurrency industry, highlighting the problems encountered along with the significant technological advances
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