Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) refers to a shared database upon which transactions and associated details are recorded in multiple places simultaneously. An example of DLT could be in the form of a permissioned network under control by a central authority, or a permissionless network maintained by a decentralized network of nodes lacking a central authority. Blockchains and Directed Acyclic Graphs (DAGs) are both examples of different types of DLT.

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