• 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.

News
Auction Sale to Be Held for Voyager Assets Next Week

Auction Sale to Be Held for Voyager Assets Next Week

According to a court filing that was submitted on Tuesday, insolvent cryptocurrency lender Voyager Digital has scheduled an auction for

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What Are Cryptocurrencies and How Can You Create Your Own?

What Are Cryptocurrencies and How Can You Create Your Own?

Cryptocurrencies are all the rage right now, and you can’t go anywhere without at least hearing about a cryptocurrency or

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Avalanche Suffers a Flash Loan Attack, Losses $370k

Avalanche Suffers a Flash Loan Attack, Losses $370k

Attacks are currently being launched against Avalanche, a company that has lately risen to the forefront due to recent reports

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Vitalik Buterin’s Twitter Poll Shows Users Want a $100 Lifetime .eth Domain

Vitalik Buterin’s Twitter Poll Shows Users Want a $100 Lifetime .eth Domain

According to the results of a poll conducted on Twitter by Vitalik Buterin, one of the co-founders of Ethereum, around

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Polygon: The Merge will eliminate sixty thousand tons of carbon emissions

Polygon: The Merge will eliminate sixty thousand tons of carbon emissions

According to the most recent post on Polygon‘s official Twitter account, the transition from the PoW consensus to the PoS

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Netflix to Ban Crypto Ads on New Subscription Tier

Netflix to Ban Crypto Ads on New Subscription Tier

Netflix has said that it will exclude any cryptocurrency advertisements from its upcoming ad-supported streaming service in Australia. This is

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Indian police arrest suspect in $31 million cryptocurrency fraud

Indian police arrest suspect in $31 million cryptocurrency fraud

According to a report from the local media in India, law enforcement officers in the state of Maharashtra have detained

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California Congressman Thinks it is Impossible to Ban Crypto

California Congressman Thinks it is Impossible to Ban Crypto

In an interview that was published on Sunday by the Los Angeles Times, Congressman Brad Sherman, a Democrat from California,

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CEO of PrimeBlock Has Quit Working With The Firm

CEO of PrimeBlock Has Quit Working With The Firm

According to a report by the media outlet CoinDesk, which cited two people familiar with the matter as sources, the

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Meitu Suffers Millions of Dollars in Crypto Losses Amidst Crypto Winter

Meitu Suffers Millions of Dollars in Crypto Losses Amidst Crypto Winter

Meitu reportedly suffered an impairment loss on their cryptocurrency assets of more than 300 million yuan, which is equivalent to

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Helium is Considering Switching to Solana’s Blockchain

Helium is Considering Switching to Solana’s Blockchain

If a recently unveiled proposal known as HIP 70 is approved, the blockchain platform Helium, which employs crypto token incentives

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Thodex Founder and Alleged Crypto Criminal Has Been Arrested

Thodex Founder and Alleged Crypto Criminal Has Been Arrested

According to a statement by the Turkish Ministry of the Interior, the creator of the cryptocurrency exchange Thodex Faruk Fatih