distributed ledger

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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, →ISSN:
      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.

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