Blockchain Explained in audio post

According to Investopedia - Originally developed as the accounting method for the virtual currency Bitcoin, blockchains – which use what's known as distributed ledger technology (DLT) – are appearing in a variety of commercial applications today.

Distributed Ledger

1 - What is the Current Trend

All the transactions currently can be edited by the server owners. They have full control to change the transaction details. The current trend is either centralized or decentralized.

2- Distributed Trend

No one can edit the transaction details. It is transparent to all stakeholders.



Video on Distributed Systems


References

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