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2024 December Blockchain and Crypto Updates

When you’re keeping up with blockchain, a decentralized digital ledger that records transactions across many computers. Also known as distributed ledger technology, it’s the backbone of everything from digital cash to smart contracts. December 2024 was no exception. Major networks like Ethereum and Solana kept pushing updates, while new Layer 2 solutions started gaining real traction among everyday users. This wasn’t just tech talk—it changed how people send money, trade tokens, and even claim free crypto through airdrops, free token distributions given to users who meet specific criteria like holding a coin or interacting with a protocol. If you didn’t check your wallet during this month, you might’ve missed out on real value.

Meanwhile, crypto exchanges, platforms where you buy, sell, or trade digital assets. Also known as crypto trading platforms, it’s crypto exchanges that most people use to get into the market. Several top exchanges added new coins, improved withdrawal speeds, and rolled out better security features after a few high-profile hacks earlier in the year. Wallets got smarter too—crypto wallets, digital tools that store your private keys and let you interact with blockchain networks. Non-custodial wallets like Phantom and MetaMask saw big usability upgrades, making it easier for beginners to manage multiple chains without getting lost in gas fees or network switches.

What you’ll find here is a clean, no-fluff collection of what actually mattered in December 2024. No hype. No vague predictions. Just verified airdrop steps, exchange reliability reports, wallet setup tips that worked, and network updates that impacted real users. Whether you were holding Bitcoin, staking Ethereum, or trying your first DeFi swap, this archive has the details you need to understand what changed—and why it matters.

Why Bitcoin Uses SHA-256 Hashing Algorithm

Why Bitcoin Uses SHA-256 Hashing Algorithm

Bitcoin uses SHA-256 because it's secure, deterministic, and computationally hard to reverse-perfect for Proof-of-Work mining. Despite concerns over ASIC centralization, no alternative has matched its 15+ years of proven reliability.

Why Bitcoin Uses SHA-256 Hashing Algorithm

Why Bitcoin Uses SHA-256 Hashing Algorithm

Bitcoin uses SHA-256 because it was the only hash function in 2008 that was secure, standardized, and battle-tested. It powers mining, secures transactions, and has never been broken-making it the unshakable foundation of the network.