• 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.

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Bitcoin Mining Difficulty Declines First Time in Two Months

Bitcoin Mining Difficulty Declines First Time in Two Months

According to BTC.com report, Bitcoin mining difficulty was adjusted at 10:56 a.m. today, and the mining difficulty was reduced by

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Thai SEC Cracks Down on Crypto Exchanges Involved in Wash Trading

Thai SEC Cracks Down on Crypto Exchanges Involved in Wash Trading

The Securities and Exchange Commission of Thailand (SEC) has filed a lawsuit against five individuals and companies for engaging in

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South Korean Prosecutors to Freeze Do Kwon’s Assets

South Korean Prosecutors to Freeze Do Kwon’s Assets

On suspicion of violating securities laws, Interpol has issued a Red Notice to Terraform Labs co-founder Do Kwon, whose Terra

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3313 BTC Left LFG Following Kwon Do-Hyung’s Arrest Warrant

3313 BTC Left LFG Following Kwon Do-Hyung’s Arrest Warrant

It has been reported that 3313 Bitcoins with a total value of approximately $69 million were moved from the Luna

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Mastercard Launches NFT-Customized Debit Card

Mastercard Launches NFT-Customized Debit Card

Mastercard announced in its most recent post on Twitter that it has begun offering customizable nonfungible token (NFT) debit cards.

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Vechain POA 2.0 ‘Finality With One Bit’ Is Scheduled for October 20th

Vechain POA 2.0 ‘Finality With One Bit’ Is Scheduled for October 20th

VeChain Foundation, a leading enterprise-grade L1 smart contract platform, revealed in a recent Tweet that the VeChain PoA 2.0 stakeholder

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Terraform Labs Co-founder Denies Allegations of Being on the Run

Terraform Labs Co-founder Denies Allegations of Being on the Run

Terra Classic has been in deep trouble recently. A total wipeout occurred which has been a massive topic of discussion

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OKC Network and OKX Web3 Now Supported On Unstoppable

OKC Network and OKX Web3 Now Supported On Unstoppable

In their most recent blog post, Unstoppable revealed that they have completed a new integration with OKC Network and OKX

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Australia To Launch Their CBDC Pilot Test Next Year

Australia To Launch Their CBDC Pilot Test Next Year

The Reserve Bank of Australia (RBA), which is now included on the list of nations that seek to launch an

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IOHK co-founder Hoskinson says the Merge is a step towards Ethereum 2.0

IOHK co-founder Hoskinson says the Merge is a step towards Ethereum 2.0

Ethereum is ongoing a big update and has announced the release of the ETH merge which refers to combining the

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Apple App Store Allows selling NFTS, but With 30% Cut on Sales

Apple App Store Allows selling NFTS, but With 30% Cut on Sales

Apple’s App Store marketplace now allows apps to sell NFTs. Developers of existing apps can sell NFTs within apps, and

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China Arrests Criminals Who Launder Money Via Crypto Involving $5.5B

China Arrests Criminals Who Launder Money Via Crypto Involving $5.5B

According to a report from a local media outlet, three days ago, a local police station in China apprehended criminal