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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.

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Related Terms

Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
InterPlanetary File System (IPFS)
The InterPlanetary File System (IPFS) is a peer-to-peer network and distributed file system protocol for storing and transferring data.
Miners
Contributors to a blockchain taking part in the process of mining.
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
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