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Blockchain vs. Distributed Ledger Explained by Lone Wolf is a document available to read on EtoBox.
What is Blockchain vs. Distributed Ledger Explained about?
Blockchain Byte features a question about the distinction between blockchains and distributed ledgers. While often used interchangeably, blockchains and distributed ledgers are distinct technologies. A distributed ledger is a record of consensus maintained and validated by multiple nodes, while a blockchain sits below a distributed ledger and acts as a way to verify transactions by producing new blocks to the chain. Distributed ledgers can be decentralized, granting all participants equal rights, or central
- Author
- Lone Wolf
- Language
- EN