Blockchain Fundamentals

Distributed Ledger

Also: Distributed Ledger Technology, DLT

A record that is copied and synchronized across many computers instead of sitting in one company's database. Every blockchain is a distributed ledger, but not every distributed ledger uses blocks.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.