• 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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Invest Long-Term in Crypto for Enormous ROI

Invest Long-Term in Crypto for Enormous ROI

The economy has been completely reformed since the Pandemic. Many asset classes lost their stability which has led to people

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Ripple’s XRP Rallies as SEC Lawsuit Could Be Coming to an End

Ripple’s XRP Rallies as SEC Lawsuit Could Be Coming to an End

The Chamber of Digital Commerce’s motion to submit an amicus brief in the Ripple vs. SEC case was recently granted

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Cardano’s Vasil Hardfork to Fetch Major Performance Boost

Cardano’s Vasil Hardfork to Fetch Major Performance Boost

According to the official Twitter page of Cardano operator Input Output Global Hong Kong, the first phase of the Vasil

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Shiba Eternity Download Day, SHIB to Be Burn With Game Profits

Shiba Eternity Download Day, SHIB to Be Burn With Game Profits

More information on the highly anticipated collectible card game Shiba Eternity, which is being developed by Shytoshi Kusama and the

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Zilliqa Releases First Look For Their Gaming Console Prototype

Zilliqa Releases First Look For Their Gaming Console Prototype

Layer 1 blockchain technology Zilliqa is getting ready to enter the Web3 gaming industry with the debut of a hardware

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Stakefish Laid off Employees on the Same Day as the Ethereum Merge

Stakefish Laid off Employees on the Same Day as the Ethereum Merge

Stakefish, one of the largest validators in the crypto world, lost more than 25% of its workforce, including two senior

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New UK Bill Permits Authorities to ‘Seize, Freeze, Recover’ Crypto

New UK Bill Permits Authorities to ‘Seize, Freeze, Recover’ Crypto

The government of the United Kingdom has proposed a bill with the intention of putting an end to fraudulent activities

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Ripple CEO Brad Garlinghouse Believes the SEC Has Lost Its Way

Ripple CEO Brad Garlinghouse Believes the SEC Has Lost Its Way

“The facts aren’t in dispute here. The law is in dispute,” says Ripple CEO Brad Garlinghouse. In an interview with

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Aerospace Student Reveals why he Switched to a career in Blockchain

Aerospace Student Reveals why he Switched to a career in Blockchain

Blockchain jobs are rising by 2,000 to 6,000% annually, making it one of the fastest-growing IT skills. As a result,

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Band Protocol’s Oracle Now Live on Nervos Network’s Godwoken

Band Protocol’s Oracle Now Live on Nervos Network’s Godwoken

Band Protocol, a cross-chain data oracle platform, has reportedly merged its price feed with Nervos’ Layer 2, Godwoken, to the

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Powell: Federal Reserve’s Strategy to Rein in Inflation

Powell: Federal Reserve’s Strategy to Rein in Inflation

The Federal Reserve Chair, Jerome Powell, and the United States Central Bank raised the benchmark bank rate by 75 basis

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CoinFlex to Plan a Reorganization in Hopes to Resurrect their Tokens

CoinFlex to Plan a Reorganization in Hopes to Resurrect their Tokens

CoinFlex, a cryptocurrency launched in January 2019, has recently announced changes that will be introduced in its new plan aimed