What does "distributed ledger" mean?

A consensus of replicated, shared, and synchronized digital data geographically spread across multiple locations.

What is a synonym for "distributed ledger"?

Common synonyms include: bitcoin, blockchain.

Distributed ledger

noun

noun ·Rare ·Advanced level

Definitions

Noun

1
A consensus of replicated, shared, and synchronized digital data geographically spread across multiple locations.
"Another distributed ledger platform, called Ethereum, works off the same technology that Bitcoin does, but it is run as an open-source software project, meaning the software code is freely available for anyone to work on."

Synonyms

All synonyms

bitcoin blockchain

Example

More examples

"Another distributed ledger platform, called Ethereum, works off the same technology that Bitcoin does, but it is run as an open-source software project, meaning the software code is freely available for anyone to work on."

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