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I think this is semantics, many people are talking about distributed ledgers more than Blockchains specifically. "A distributed ledger (also called a shared le
by redm 8y ago
I think this is semantics, many people are talking about distributed ledgers more than Blockchains specifically.
"A distributed ledger (also called a shared ledger, or distributed ledger technology, DLT) is a consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions." [1]
[1] https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/492972/gs-16-1-distributed-ledger-technology.pdf https://assets.publishing.service.gov.uk/government/uploads/...
- lalaland1125 8y agoSo, I guess a shared Google Sheet is a distributed ledger?
- berkes 8y agoBut is a "distributed ledger" a blockchain? Nowhere in my article did I say that "private distributed ledgers" are nonsense (allthough, writing it down gives me cringes). But the whoe focus on "terminlogy" is in my article for pricesly this reason. I am not talking about how it is silly to have your excel sheet shared amongts a predefined set of participants using fancy bittorrent-streams (a distributed ledger). But that a blockchain being private is nonsense. And allthough your average marketing department might hate to hear it, but your distributed ledger is quite certainly not a blockchain.