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CATEGORY: blockchain data


 How blockchain is powering McLarens high-speed race data

Author: Cointelegraph by Arijit Sarkar
United States
Jun 13, 2024 12:00

How blockchain is powering McLarens high-speed race data

The McLaren Artura GT4 will use blockchain technology for real-time data analysis during the testing day at Circuit de Spa-Francorchamps.

Bitcoin Entry Opportunity? Waiting Game Is Suggested by Exchange Inflow Momentum

Author: Paul Adedoyin
Estonia
Apr 20, 2025 02:30

Bitcoin Entry Opportunity? Waiting Game Is Suggested by Exchange Inflow Momentum

With the Bitcoin inflow momentum signaling a cooling market phase, crypto analyst Ali Martinez is calling for patience

Shiba Inu: 74% Held by Large Addresses, Transaction Volume Reaches $120.46M in 7 Days

Author: Paul Adedoyin
Estonia
Apr 20, 2025 02:30

Shiba Inu: 74% Held by Large Addresses, Transaction Volume Reaches $120.46M in 7 Days

74% of all Shiba Inu addresses are whale addresses. It explains why there was $120 million in SHIB transaction volume this past week.

Illicit crypto usage as a percent of total usage has fallen: Report

Author: Cointelegraph By Jesse Coghlan
United States
Jun 14, 2022 08:30

Illicit crypto usage as a percent of total usage has fallen: Report

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.

Mar 15, 2022 07:15

What is the Blockchain data structure?

The blockchain data structure is explained as a back-linked record of blocks of transactions, which is ordered. It can be saved as a file or in a plain database. Each block can be recognized by a hash, created utilizing the SHA256 cryptographic hash algorithm on the header of the block. Each block mentions a former block, also identified as the parent block, in the “previous block hash” field, in the block header. Let's first look at each term more closely.

  • Index – This term symbolizes the location of the block inside the blockchain. The first block is indexed ‘0’, the next ‘1’, and so on.
  • Hash – Hash is the function that facilitates the rapid classification of data in the dataset
  • Previous hash – Each and every block in the blockchain data structure, is associated with its ancestors. This characteristic adds to its immutability as a variety in the order of blocks.
  • numTx – This wares a tally of the number of transactions enumerated in the block.
  • Timestamp – It saves the time aspects of when the block was built.
  • Nonce – It saves the integer (32 or 64bits) that are utilized in the mining method.
  • Transaction –  This is a different track saved as arrays in the frame of the block. They save the specific version of a transaction executed so far in the block.
  • Merkel Tree- A Merkle tree, also perceived as a binary hash tree, is a data structure utilized for efficiently compiling and validating the uprightness of large sets of data.
What is a Block? A block is a package data structure. According to Bitcoin Book, a block is a container data structure that clusters transactions for incorporation in the public ledger known as the blockchain. The block is composed of a header that includes metadata, accompanied by a lengthy record of transactions that advance its size. The block header is 80 bytes and the common transaction is at least 400 bytes. The common block includes more than 1900 transactions. A complete block, with all transactions, is almost 10,000 times greater than the block header. What is the Block Header? The block header is made up of metadata (Data about data).
  • The first part: There is a citation to a former block hash, which joins this block to the earlier block in the blockchain.
  • The second part: In this, metadata such as timestamp, and nonce correlate to the mining race.
  • The third part: In this metadata is the Merkle tree root. This tree root is a data structure that is utilized to efficiently compile all the transactions in the block.
The Block Identifiers There are two ways the blocks can be identified. These are cryptographic hash and block height. The primitive identifier of a block is its cryptographic hash. It is also known as a digital fingerprint which is built by hashing the block header twice through the SHA256 algorithm. The resulting 32-byte hash is described as the block hash but is more precisely the block header hash because is utilized to calculate it. For example, 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f is the block hash of the first bitcoin block ever created. The block hash recognizes a block and can be autonomously determined by any node by directly hashing the block header. Another way to recognize a block is by its location in the blockchain. This is described as the block height. The first block created is at block height 0 (zero) and is the same block that was earlier cited by the next block hash is 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f. What is the Genesis Block? The first block in the blockchain is known as the genesis block. This was built in the year 2009. It is the universal parent of all the blocks in the blockchain. In other words, if people begin at any block and watch the chain counterclockwise then they will ultimately come at the genesis block. Every node perpetually begins with a blockchain of at least one block because the genesis block cannot be modified. Every node always recognizes the genesis block’s hash and structure. It also recognizes its fixed time when it was created and even its single transaction. Thus, every node has the starting point for the blockchain, a secure "root" from which to build a trusted blockchain. Blockchain technology is a unique invention that has caused the much-required security and protection in the cyber world. Follow us on Twitter, Facebook, and join our Telegram channel for the latest blockchain and cryptocurrency news.
What is the Blockchain data structure?© Cryptoticker

Mar 03, 2022 07:30

Covalent Exec: GameFi Is “Going To Change How People Perceive Work”

Everyone is looking for the next Axie Infinity. Which makes sense. Who doesn’t want to get paid to play video games? But how does one find the next unicorn? It’s not easy — especially when every project out there these days is promising that they are “the next Axie.” As with anything crypto-related, there are […]

The post Covalent Exec: GameFi Is “Going To Change How People Perceive Work” appeared first on CryptosRus.

 Lack of proper indexing is throttling DApp speeds  Pangea CEO

Author: Cointelegraph by Vince Quill
United States
Dec 22, 2024 12:00

Lack of proper indexing is throttling DApp speeds Pangea CEO

Users typically leave an application that does not respond within three seconds, and Web3 apps can have load times of up to 20 seconds.

 DeFi growth boosts oracle market competition  RedStone co-founder

Author: Cointelegraph by Josh O'Sullivan
United States
Dec 12, 2024 12:00

DeFi growth boosts oracle market competition RedStone co-founder

As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink.

Multichain Executor has been ‘draining’ AnySwap tokens: Report

Author: Cointelegraph By Tom Blackstone
United States
Jul 12, 2023 12:00

Multichain Executor has been ‘draining’ AnySwap tokens: Report

The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious.

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