Some Light Reading

What is Distributed ledger?

by | Dec 21, 2022 | blockchain, distributed ledger | 0 comments

Distributed ledger is a really cool technology that’s changing the way we do things. It’s like a big computer database that keeps track of things, but it’s not stored in one place. Instead, it’s stored on lots of different computers, which makes it more secure and harder for anyone to change the information.

One of the most famous types of distributed ledger is called blockchain. Blockchain is used for lots of different things, like making online payments or tracking things in a supply chain. It’s also really safe and secure, which is important when we’re dealing with important information.

There are other types of distributed ledger too. For example, there’s something called a “DAG”, which is like a chart that shows how things are connected. There’s also something called “hashgraph”, which is a special way of keeping track of things that makes it really fast.

Overall, distributed ledger is a really exciting technology that has the potential to change the way we do things in a big way. It’s still pretty new, so we’ll have to wait and see how it develops in the future. But one thing is for sure: distributed ledger is here to stay!

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