• 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
Solana Mainnet Beta Update v1.17.31 Targets Network Congestion

Solana Mainnet Beta Update v1.17.31 Targets Network Congestion

Solana developers rolled out the mainnet beta update v1.17.31. Following extensive testing over three days, the update has been greenlit

News
Blockchain Gaming Surges: Ronin, Polygon, and BNB Chain Lead Charge

Blockchain Gaming Surges: Ronin, Polygon, and BNB Chain Lead Charge

The blockchain gaming sector has witnessed growth, led by platforms like Ronin, Polygon, and BNB Chain, which have emerged as

News
Solana’s Position in the Cryptocurrency Market: Expert Insights

Solana’s Position in the Cryptocurrency Market: Expert Insights

In a YouTube video by Altcoin Daily, an industry expert, highlights the robust capabilities of the Solana blockchain, emphasizing its

News
Five RWA Cryptocurrencies Set to Transform Industries by 2024

Five RWA Cryptocurrencies Set to Transform Industries by 2024

Per a recent Altcoin Daily YouTube video, the market for real-world asset (RWA) cryptocurrencies is poised for substantial growth, with

News
D3 Global Introduces SHIB and BONE Payments for Domain Names

D3 Global Introduces SHIB and BONE Payments for Domain Names

D3 Global has just announced a significant upgrade to its payment options, catering to the growing demand for blockchain-based domain

News
TON Foundation and HashKey Group Forge New Path in Crypto Landscape

TON Foundation and HashKey Group Forge New Path in Crypto Landscape

The TON Foundation has announced a strategic partnership with HashKey Group to enhance the TON Ecosystem’s treasury management capabilities in

News
Ethereum’s Pectra Hard Fork Introduces Social Recovery Feature

Ethereum’s Pectra Hard Fork Introduces Social Recovery Feature

Ethereum’s upcoming Pectra hard fork will introduce a feature known as “social recovery.” This innovative addition, encapsulated within the Ethereum

News
Playtron & Mysten Labs Launch SuiPlay0x1: A Blockchain Gaming Revolution

Playtron & Mysten Labs Launch SuiPlay0x1: A Blockchain Gaming Revolution

In an ambitious move to redefine the handheld gaming market, gaming startup Playtron, in collaboration with Mysten Labs, has unveiled

News
Ethereum Layer 2 Transactions Skyrocket After Dencun Upgrade

Ethereum Layer 2 Transactions Skyrocket After Dencun Upgrade

Data from IntoTheBlock reveals a significant rise in L2 transactions since May 2023. This growth coincides with the Dencun upgrade

News
Solana Sets April 15 for Crucial Network Fix Amid Transaction Troubles

Solana Sets April 15 for Crucial Network Fix Amid Transaction Troubles

In a recent development that has the Solana community on alert, developers are gearing up for a critical update scheduled

News
Base Network Tops Arbitrum with Highest Active Ethereum Addresses

Base Network Tops Arbitrum with Highest Active Ethereum Addresses

Coinbase’s Base network has achieved a significant milestone in the Ethereum layer-2 space, securing the top position in terms of

News
Is HashKey Global the Future of Safe and User-Friendly Crypto Trading?

Is HashKey Global the Future of Safe and User-Friendly Crypto Trading?

In a significant move, HashKey Group, the esteemed digital asset financial services firm from Hong Kong, has unveiled its latest