• 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.

News
SBI Loses 40% Hash Power Following Russia Closure

SBI Loses 40% Hash Power Following Russia Closure

Japan’s largest online broker, SBI Holdings Inc., has joined the turmoil in the region caused by the possibility of US

Learn
How To Analyze Cryptos With Crypto Market Analysis Platforms

How To Analyze Cryptos With Crypto Market Analysis Platforms

Given the highly volatile and unpredictable nature of crypto prices, traders and investors attempt to gather as much information about

Learn
An Introduction On How To Read Cryptocurrency Trading Charts

An Introduction On How To Read Cryptocurrency Trading Charts

The cryptocurrency markets, similar to any other type of markets, allows traders and investors to trade cryptocurrency through various brokers.

News
Mercado Libre Launches Crypto Token in Brazil

Mercado Libre Launches Crypto Token in Brazil

According to a report by Reuters which cited a press conference, Latin American e-commerce business Mercado Libre has introduced a

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A Step By Step Guide To Buying And Investing In Crypto

A Step By Step Guide To Buying And Investing In Crypto

It can be argued that almost everyone has heard about Bitcoin (BTC) or cryptocurrency by now. Some of these people

News
Tether Has Launched Mexican Peso-Pegged MXN Tokens

Tether Has Launched Mexican Peso-Pegged MXN Tokens

Tether, the firm behind the blockchain-enabled platform tether.to, which powers the world’s largest stablecoin, has introduced Tether tokens (“MXN”) tied

News
U.S. And Germany Tied For First Place In Global Crypto Ranking

U.S. And Germany Tied For First Place In Global Crypto Ranking

According to the most recent rankings for 2022’s Q2 quarter by CoinCub, Germany and the United States are tied for

Technology
Cardano’s Vasil Hard Fork And All Of Its Features Explained

Cardano’s Vasil Hard Fork And All Of Its Features Explained

Cardano’s blockchain is a constantly updated chain of blocks that contain data like transaction records which is kept decentralized and

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What Are Metaverse Tokens And How Do They Work In The Metaverse?

What Are Metaverse Tokens And How Do They Work In The Metaverse?

The metaverse is a phenomenon that became very popular during the Covid Pandemic as it allowed people to not only

Features
Meme Cryptocurrencies Explained And Understanding How They Work

Meme Cryptocurrencies Explained And Understanding How They Work

Cryptocurrency and blockchain technology are two revolutionary technologies that have taken the world by storm. Blockchain technology enabled the decentralized

News
Dubai Shoots For a Spot in The World’s Top 10 Metaverse Economies

Dubai Shoots For a Spot in The World’s Top 10 Metaverse Economies

On July 18, The Crown Prince of Dubai and Chairman of the Executive Council Sheikh Hamdan bin Mohammed bin Rashid

News
US Senators Propose Tax-Free Crypto Transactions

US Senators Propose Tax-Free Crypto Transactions

The United States Senator for Pennsylvania, Pat Toomey, and the United States Senator for Arizona, Kyrsten Sinema, have been working