How a blockchain ledger is different from an ordinary one?
Answer / Raza Hussain Khan
A blockchain ledger is fundamentally different from an ordinary ledger due to its decentralized and distributed nature. Unlike traditional ledgers that are maintained by a single entity, a blockchain ledger is shared among multiple participants, making it transparent and resistant to alteration without consensus.
| Is This Answer Correct ? | 0 Yes | 0 No |
What does bip stands for?
What precisely does one know about executive accounting? Does blockchain support the same?
What is secret sharing in blockchain technology?
What is Ethereum?
What are the types of records that are present in the blockchain database?
What type of records blockchain supports?
What is secret sharing? Will it have any benefit in blockchain technology?
What is a merkle tree in blockchain?
What are blocks in blockchain technology?
What is the concept of dao?
Why blockchain is a trusted approach?
What is a node in blockchain?