Store of digital data spread across multiple sites and synchronized via a consensus algorithm
A distributed ledger (also called a shared ledger or distributed ledger technology or DLT) is the consensus of replicated, shared, and synchronized digital data that is geographically spread (distributed) across many sites, countries, or institutions.[1] In contrast to a centralized database, a distributed ledger does not require a central administrator, and consequently does not have a single (central) point-of-failure.[2][3]
In general, a distributed ledger requires a peer-to-peer (P2P) computer network and consensus algorithms so that the ledger is reliably replicated across distributed computer nodes (servers, clients, etc.).[2] The most common form of distributed ledger technology is the blockchain (commonly associated with the Bitcoin cryptocurrency), which can either be on a public or private network. Infrastructure for data management is a common barrier to implementing DLT. [4]
^Distributed Ledger Technology: beyond block chain (PDF) (Report). Government Office for Science (UK). January 2016. Retrieved 29 August 2016.
^ abScardovi, Claudio (2016). Restructuring and Innovation in Banking. Springer. p. 36. ISBN 978-331940204-8. Retrieved 21 November 2016.
A distributedledger (also called a shared ledger or distributedledger technology or DLT) is the consensus of replicated, shared, and synchronized digital...
and credits Specialized journals Final accounts Distributedledger, sometimes called a shared ledger, is a consensus of replicated, shared, and synchronized...
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verify transactions through cryptography and record them in a public distributedledger, called a blockchain, without central oversight. Consensus between...
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Jing; Micali, Silvio (2019-07-19). "Algorand: A secure and efficient distributedledger". Theoretical Computer Science. In memory of Maurice Nivat, a founding...
cryptographic databases - and other distributedledgers. Defined as per ISO 22739:2020 - Blockchain and distributedledger technologies standard (see https://www...
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contributed to support the collaborative development of blockchain-based distributedledgers. It was renamed the Hyperledger Foundation in October 2021. In December...
or any form of distributedledger. Schwartz described it as "bi-directional messaging" that can eventually plug into distributedledgers, but xCurrent’s...
the digital ledger system or record keeping system uses cryptography to edit separate shards of database entries that are distributed across many separate...
decentralized file storage system, was introduced. TON Storage is a distributed file storage system accessible through the TON P2P Network, resembling...
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