Distributed Ledger Technology (DLT)
By CoinGecko | Updated on Mar 03, 2020
Describes the technology that enables distributed ledger. This term is mostly used in the context of enterprise use cases where different modes of distributed ledger technology can be used for different business needs.
Related Terms
Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (Zk-Snarks)
An acronym for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, zk-SNARKs refers to a protocol where one can prove posession of a given piece of information (eg a string or hash) without revealing that information and also without any interaction between both the prover & verifier.
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
Soft Fork
A backward-compatible update to a decentralized blockchain protocol.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
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