• 27 July, 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.

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Michael Saylor holds 0.62% of all Bitcoin with Latest Purchase

Michael Saylor holds 0.62% of all Bitcoin with Latest Purchase

According to an 8-K filing with the SEC, bitcoin’s largest corporate holder, MicroStrategy (MSTR), revealed on September 20 that it

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Metaverse Debut for International NFT Day Will Be Inside The Sandbox

Metaverse Debut for International NFT Day Will Be Inside The Sandbox

The NFT DAY Metaverse established by Dapper Labs, The Sandbox, and LuluLand will serve as the opening event for the

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Crypto Market-Maker Wintermute Hacked, Over $160M Stolen

Crypto Market-Maker Wintermute Hacked, Over $160M Stolen

According to a tweet posted by the company’s founder and CEO Evgeny Gaevoy, cryptocurrency market maker Wintermute has suffered a

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Binance’s Yi He Looking To Invest in Promising Web3 Ventures

Binance’s Yi He Looking To Invest in Promising Web3 Ventures

Yi He, who along with Changpeng Zhao helped found the Binance cryptocurrency exchange in 2017, is now the head of

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DeFi Platform Coin98 Launches New MultiChain Stablecoin CUSD

DeFi Platform Coin98 Launches New MultiChain Stablecoin CUSD

A fully-backed, decentralized stablecoin called $CUSD is being launched by Coin98 Labs, a Southeast Asia-based decentralized finance (DeFi) platform.  As

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Environmentalists Are Campaigning For Bitcoin Code Change, Spends $1M

Environmentalists Are Campaigning For Bitcoin Code Change, Spends $1M

Environmental organizations have committed to spending an additional one million dollars on internet advertisements in order to increase the amount

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PoS Cryptos Getting Increased Regulatory Scrutiny After The Merge

PoS Cryptos Getting Increased Regulatory Scrutiny After The Merge

The Ethereum Merge has successfully taken place. It was a successful endeavor. The cryptocurrency known as Ethereum has transitioned to

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BTC Set To Become Carbon-Free in 2 Years; Ether Can’t Ever Achieve That Now

BTC Set To Become Carbon-Free in 2 Years; Ether Can’t Ever Achieve That Now

Dennis Porter, a crypto lawyer and the co-founder of the Satoshi Act Fund, has come to Twitter to relay the

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Memecoin DOGE Now The World’s Second-Largest PoW Crypto

Memecoin DOGE Now The World’s Second-Largest PoW Crypto

As a result of The Merge’s successful attempt to move Ethereum to Proof-of-Stake, Dogecoin has risen to become the second

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An Overview of the Most Iconic Event in Crypto: The Merge

An Overview of the Most Iconic Event in Crypto: The Merge

After years of research and delay, the big redesign of Ethereum known as the Merge has finally taken place successfully.

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Everything You Need to Know to Get Started With Crypto Investing

Everything You Need to Know to Get Started With Crypto Investing

Cryptocurrencies can offer investors and traders very attractive returns that can give returns on investment higher than 10x – a

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Report: Tokenization Of Illiquid Funds Will Reach $16T by 2030

Report: Tokenization Of Illiquid Funds Will Reach $16T by 2030

According to a recently published analysis by the Boston Consulting Group (BCG) and the digital exchange for private markets ADDX,