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Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) is a digital system for recording and verifying transactions. It is a decentralized database that is spread across a network of computers or nodes, and each node has a copy of the ledger. DLT allows for secure and transparent tracking of transactions, making it useful in industries such as finance, healthcare, and logistics.

An example of DLT is the blockchain technology behind Bitcoin and other cryptocurrencies. Each block in the chain contains a record of multiple transactions that are verified by nodes on the network. Once a block is added to the chain, it cannot be altered or deleted, providing a secure and transparent ledger of all transactions.

  • Multisignature
    MultisignatureMultisignature, also known as multisig, is a security feature used in cryptocurrencies that requires multiple people or parties to sign off on a transaction before..., also known as multisig, is a security feature used in cryptocurrencies that requires multiple people or parties to sign off on a transaction before it can be completed. This is […]
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  • Wick
    In trading charts, a wickIn trading charts, a wick is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached... is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached during a trading period, such as […]
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  • Seed
    In the context of cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain..., a seedIn the context of cryptocurrency, a seed is a string of words that is used to generate a private key, which is in turn used... […]
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