Distributed Ledgers

Distributed Ledgers or “Public Ledgers” are created by Blockchain protocol. Rather than a single entity controlling the ledger, a Distributed Ledger is controlled by the ruleset of the blockchain itself and is immutable after new entries are added. Because no human is in control of the Distributed Ledger, cooperation between adversarial groups is possible, as well as anonymous access. It can be difficult to conceptualize the Distributed Ledger, as we do not have a historical reference point for this type of arrangement.

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