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YOUR PURSUIT OF PURPOSE
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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
Cointelegraph.com News Cointelegraph covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
- South Korea sanctions 15 North Koreans for crypto heists and cyber theftby Cointelegraph by Zoltan Vardai on December 26, 2024 at 9:37 am
The sanctioned agents were allegedly generating funds for North Korea’s nuclear weapons development program.
- Yat Siu X account breach likely part of a string of recent hacks: ZachXBTby Cointelegraph by Jesse Coghlan on December 26, 2024 at 5:15 am
The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be the latest in a string of similar hacks in the past month.
- Floki DAO floats liquidity provisioning for a Floki ETP in Europeby Cointelegraph by Tom Mitchelhill on December 26, 2024 at 1:34 am
If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.
- 3 coins back from the dead in 2024 that may continue to rise in ‘25by Cointelegraph by Shiraz Jagati on December 26, 2024 at 1:18 am
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
- Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growthby Cointelegraph by Zoltan Vardai on December 25, 2024 at 9:30 pm
Bitcoin’s 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.