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YOUR PURSUIT OF PURPOSE
Welcome to YourPOP, the Your Pursuit of Purpose podcast. This is a platform for underrepresented and underprivileged to speak on their successes, excellence, and overcoming adversity.
WHAT IS A BLOCKCHAIN?
A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.
HOW DOES A BLOCKCHAIN WORK?
The goal of blockchain is to allow digital information to be recorded and distributed, but not edited. In this way, a blockchain is the foundation for immutable ledgers, or records of transactions that cannot be altered, deleted, or destroyed. This is why blockchains are also known as a distributed ledger technology (DLT).
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FRESH CRYPTO NEWS AND INFORMATION
- ‘Big sybil hunt’ and durable users helped LayerZero airdrop succeed, says CEOby Cointelegraph by Tom Mitchelhill on September 9, 2024 at 6:16 am
LayerZero’s native ZRO token has vastly outperformed the tokens of other projects including ZKsync and Starknet, which were airdropped around the same time.
- Crypto platform Friend.tech sees token dive 26% following admin transferby Cointelegraph by Brayden Lindrea on September 9, 2024 at 2:05 am
Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed.
- Bitcoin range recovery could boost UNI, SUI, OP and HNTby Cointelegraph by Rakesh Upadhyay on September 8, 2024 at 7:17 pm
Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
- Tether invests $100M in agriculture firm as stablecoin competition growsby Cointelegraph by Pradipta Mukherjee on September 8, 2024 at 1:45 pm
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives.