Blockchain News

Blockchain is a block of chained Bitcoin records. It is a block of many records that are linked through cryptography. These lists of records contain a hash for previous data, along with a time stamp, and transaction data. It contains batches of valid transactions in an encrypted format. A “hash” of a Merkle Tree for the previous transaction links the blocks together. The links form a “chain,” hence the name “Blockchain.” It is not modifiable. Blockchain is used for storing transactions and its data between two companies. It is verifiable and permanent as well. Data in a block cannot be changed without changing the data of other chained blocks. Although they are not modifiable, they can be called as secured for storing the information in an encrypted and permanent way. Blockchain was invented as a “ledger” for the encrypted currency “Bitcoin” in 2008 by Satoshi Nakamoto. It worked out as very helpful in solving the double-spending problem without the need of any trusted mediator. The Blockchain has inspired many other applications and is now used on a worldwide basis by the general public as well as private companies for cryptocurrencies. The Blockchains that are used by the public are readable, while the ones used by private companies are only readable by the network owner and are called “Permissioned Blockchains”.
NEAR Protocol and RiskSwap Join Hands for DEX Project

NEAR Protocol and RiskSwap Join Hands for DEX Project

Announcing a new strategic partnership with NEAR Protocol, RiskSwap said that this collaboration would help both organizations explore new avenues…

Noft Games Cup 2021 Is Here with Premium Rewards

Noft Games, the ultimate battle royale on BSC, is about to start its tournament. Termed Noft Games 2021, the competition…

Dutch Crypto Investors Enters Into a Collaboration with TryHards

TryHards finally announced entering into a metaverse association with Dutch Crypto Investors. The collaboration will accelerate the growth and development…

Hoo’s Middle East Debut at Future Blockchain Summit in Dubai

Hoo, the foremost blockchain asset service platform in the world, is going to make its debut in the Middle East…

Ethrone to Use Chainlink Keepers for Automated Game Mechanics

Ethrone recently announced the integration of Chainlink Keepers on its Ethereum mainnet. The integration will see Ethrone automating its daily…

Straight Fire Connects Chainlink VRF Helping to Support Dynamic NFT Collections

Straight Fire has announced that its NFT player has integrated Chainlink Verifiable Random Function (VRF) with Polygon Mainnet. With this…

Fantom Keen to Deploy Aave V2 on the Fantom Opera Blockchain

Fantom is an EVM-compatible open-source Blockchain with quick finality and cheap transaction costs. Fantom supports openness and accessibility, which they…

Decentral Games & Amnesia Ibiza Launched First Metaverse Music Festival

The First Multiverse Music Event was launched by Decentral Games and Amnesia Ibiza, demonstrating the future of virtual nightlife. In…

Derived Set to Launch IDO to Kick Off Leveraged Staking

Decentralized multichain synthetic assets platform, Derived, is launching a double initial DEX offering (IDO) this Wednesday. The native token, DVD…

Elrond to Acquire Capital Financial Services S.A; Pending Approval Of Romania’s National Bank

Elrond Network, the European startup developing groundbreaking internet-scale blockchain technology, announced today the acquisition of Capital Financial Services S.A. (operated…