Distributed ledger technology: Difference between revisions

Created page with "'''Distributed ledger technology''' ('''DLT''') refers to technologies that enable records or data to be shared, synchronized, and maintained across multiple participants or locations in a network without necessarily relying on a single centralized database. DLT can use distributed databases, cryptographic techniques, consensus mechanisms, and other technologies to maintain a shared record among participating entities. Blockchain is a type of distributed ledger..."
 
 
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<math>
<math>
\text{Block}_1
\text{Block}_1 \rightarrow \text{Block}_2 \rightarrow \text{Block}_3 \rightarrow \cdots
\rightarrow
</math>
\text{Block}_2
\rightarrow
\text{Block}_3
\rightarrow
\cdots
\end{math>


DLT is a broader category that can include systems using structures other than sequential blocks.
DLT is a broader category that can include systems using structures other than sequential blocks.
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<math>
<math>
\text{Blockchain}
\text{Blockchain} \subseteq \text{Distributed Ledger Technology}
\subseteq
\text{Distributed Ledger Technology}
</math>
</math>