🔥 Out Now 🔥 Our Q1 2021 Crypto Report is fresh off the press! Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! 🔎

Distributed Ledger

By CoinGecko | Updated on Mar 03, 2020
Ledgers whose data is stored and synced across a network of nodes. A distributed ledger is not limited to cryptocurrency (transactional data) and can store many other kinds of data. It can also be set up to be permission and private.

Share this with a friend!

Related Terms

Oracles
In the context of crypto, oracles refers to services which verify real-world and provide data to blockchains/smart contracts.
Genesis block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Money Printer Go Brrr
A meme made to describe the US Fed printing excessive amount of money to support the traditional financial market to avert the stock market crash during the COVID-19 coronavirus pandemic.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.
coingecko (thumbnail mini)
CoinGecko for iOS
coingecko (thumbnail mini)
CoinGecko for Android