I'm trying to understand the distinction between blockchain and distributed ledgers. I know they're both decentralized technologies, but what are the key differences between them?
7 answers
Giulia
Mon Dec 23 2024
DLT is designed to distribute and manage the ledger, thereby enhancing the reliability of data management.
Alessandra
Mon Dec 23 2024
Unlike traditional systems, DLT doesn't impose restrictions on the structure of the ledger used for storing and managing information.
CryptoDynastyLord
Mon Dec 23 2024
This flexibility allows for various configurations and applications of distributed ledgers.
Martina
Mon Dec 23 2024
Blockchain represents one of the implementations within the realm of distributed ledger technology (DLT).
Tommaso
Mon Dec 23 2024
In contrast, blockchain adopts a specific data structure.