• 25 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
FTT Token Rebounds as Binance Announces Plans to Acquire FTX

FTT Token Rebounds as Binance Announces Plans to Acquire FTX

With the signing of a non-binding letter of intent (LOI), Binance has signaled its intention to purchase FTX in its

Crypto Exchanges
Binance Introduces Dedicated Marketplace to Foster Crypto Tourism

Binance Introduces Dedicated Marketplace to Foster Crypto Tourism

According to a recent announcement, Binance has added a new section to its marketplace just for customers looking to spend

News
Argo Blockchain Might Shut Down Or Get A Negative Cash Flow

Argo Blockchain Might Shut Down Or Get A Negative Cash Flow

The previous $27 million fundraising plan for Bitcoin miner Argo Blockchain has been deemed unsuccessful, and the business has sold

News
Binance Us, Bittrex Also Targeted by API Attack Used on Ftx Reveales X-explore Report

Binance Us, Bittrex Also Targeted by API Attack Used on Ftx Reveales X-explore Report

According to a joint report by X-explore and WuBlockchain, the recent API bot attack on FTX and 3Commas had broader

News
After a New Governance Proposal, Klay (Klaytn) Increases by 106%

After a New Governance Proposal, Klay (Klaytn) Increases by 106%

Yesterday, Klaytn (KLAY), a blockchain project established by South Korea’s leading internet conglomerate Kakao to create a game-focused public blockchain

News
Theta v4.0.0 to be Launched in November

Theta v4.0.0 to be Launched in November

The Theta v4.0.0 will be launched soon as a prerequisite for Theta Metachain. The official Theta Metachain launch is scheduled

News
Nischal Shetty’s L1 Blockchain Shardeum raises $18.2M in Seed Funding

Nischal Shetty’s L1 Blockchain Shardeum raises $18.2M in Seed Funding

In a seed round headed by Jane Street, Struck Crypto, The Spartan Group, Big Brain Holdings, DFG, Ghaf Capital Partners,

News
Smart Contract Ergo Explains Its Blockchain Storage Rent

Smart Contract Ergo Explains Its Blockchain Storage Rent

Ergo, a platform for the next generation of smart contracts, has published an explanation on its blockchain‘s storage rent. Ergo

News
South Korea to Implement Blockchain Technology for Digital Identification

South Korea to Implement Blockchain Technology for Digital Identification

As blockchain technology grows to be more popular, governments have been implementing this technology in more creative ways. The South

Markets
All TRON Tokens Granted Statutory Status in Dominica

All TRON Tokens Granted Statutory Status in Dominica

TRON has reached another milestone in its collaboration with sovereign governments by being appointed as Dominica’s authorized national blockchain infrastructure

News
OpenSea Now Live on DappRadar Under Avalance

OpenSea Now Live on DappRadar Under Avalance

On Tuesday, OpenSea announced that it would begin offering NFTs based on the Avalanche blockchain on its platform. OpenSea Expands

News
Onomy Protocol Onboards the Touchpoint Open Builders Program

Onomy Protocol Onboards the Touchpoint Open Builders Program

According to a recent announcement, the layer 1 blockchain network Onomy protocol has joined the Touchpoint Open Builders Program. Building