• 23 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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Crypto YouTuber Bitboy Crypto Sues Atozy For Defamation

Crypto YouTuber Bitboy Crypto Sues Atozy For Defamation

Ben Armstrong a.k.a BitBoy Crypto, one of YouTube’s biggest crypto influencers, has filed a defamation lawsuit against another YouTube celebrity

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Floki Inu Partners With Kommunitas to Offer Flokifi Locker Protocol

Floki Inu Partners With Kommunitas to Offer Flokifi Locker Protocol

An ever-growing number of companies are teaming up with Floki because of their digital asset locker solution, FlokiFi Locker, dubbed

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Polygon Integrates GameSwift Following Its Rebrand From Terra

Polygon Integrates GameSwift Following Its Rebrand From Terra

According to a recent blog post by Polygon, the crypto company has formed a partnership with GameSwift, a decentralized and

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Singapore Allows Three Arrows Liquidators to Investigate Crypto Fund

Singapore Allows Three Arrows Liquidators to Investigate Crypto Fund

According to a report by Bloomberg that cited individuals familiar with the situation, the liquidators of Three Arrows Capital Ltd.

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Iran Continues to Crack Down on Crypto Mining

Iran Continues to Crack Down on Crypto Mining

Officials in Iran have said that they have confiscated 9,404 crypto mining rigs in Tehran since the end of March.

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The Evolution Of The Crypto Economy And A Brief BTC History

The Evolution Of The Crypto Economy And A Brief BTC History

The crypto economy has come a long way since Bitcoin’s launch in 2009. The underlying blockchain technology of Bitcoin was

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Cryptocurrency Gaming Coins Open Up A Unique Gaming Experience

Cryptocurrency Gaming Coins Open Up A Unique Gaming Experience

Blockchain technology has enabled a new era of games, known as play-to-earn games. Play-to-earn games are a popular topic among

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What Are Cryptocurrency Trading Bots And How Do They Work?

What Are Cryptocurrency Trading Bots And How Do They Work?

The crypto market, unlike the traditional stock markets, never stops. This makes it next to impossible for private traders to

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$80 Billion in U.S. Debt Is Now Held by Stable Coin Issuers

$80 Billion in U.S. Debt Is Now Held by Stable Coin Issuers

Stablecoin issuers such as Tether and Circle currently own $80 billion as of 2022 in short-term US government debt, underlining

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Argentina Presidential Candidate Sued For Crypto Scam

Argentina Presidential Candidate Sued For Crypto Scam

A lawsuit has been filed against the crypto-friendly presidential candidate of Argentina, Javier Milei, who is accused of pushing a

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New Australian Government Makes Its Crypto Regulation Intent Clear

New Australian Government Makes Its Crypto Regulation Intent Clear

Australian Treasurer Jim Chalmers said in a statement issued on Monday that the new government, headed by Prime Minister Anthony

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A Guide To The Metaverse And If It’s Worth The Investment

A Guide To The Metaverse And If It’s Worth The Investment

The cryptocurrency bear market might have brought down the prices of almost every cryptocurrency in the market, but it has