Blockchain and distributed ledger technology (DLT) are often used interchangeably, but they have distinct characteristics. Blockchain is a specific type of DLT that organizes data into blocks linked in chronological order, ensuring transparency and security through cryptographic hashing. In contrast, distributed ledgers can use various structures and may not require a chain of blocks. While both technologies enable decentralized data storage and eliminate the need for intermediaries, understanding their differences is crucial for selecting the right solution for specific applications.
Jack Farris
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