distributed ledger

English

Noun

distributed ledger (plural distributed ledgers)

  1. A consensus of replicated, shared, and synchronized digital data geographically spread across multiple locations.
    Synonyms: shared ledger, ledger
    • 2016 April 6, Quentin Hardy, “Ripple Aims to Put Every Transaction on One Ledger”, in The New York Times‎[1], New York, N.Y.: The New York Times Company, →ISSN, →OCLC, archived from the original on 4 December 2024:
      Another distributed ledger platform, called Ethereum, works off the same technology that Bitcoin does, but it is run as an open-source software project, meaning the software code is freely available for anyone to work on.
    • 2018, Joseph J. Bambara et al., Blockchain: A Practical Guide to Developing Business, Law, and Technology Solutions, McGraw Hill Professional, →ISBN, page 6:
      As mentioned, a blockchain is a distributed ledger of transactions implemented as data batched into blocks that use cryptographic validation to link the blocks together.

Translations

Further reading

This page is issued from Wiktionary. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.