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What is a ledger and what kind of ledger is blockchain?



What is a ledger and what kind of ledger is blockchain?..

Answer / Sahil Chaudhary

A ledger is a record-keeping system used to store transactions. In the context of blockchain, it refers to a decentralized, digital, and secure database that records transactions across multiple computers in a transparent and immutable manner. Unlike traditional ledgers, blockchain ledgers do not rely on intermediaries or central authorities.

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