Know How and When to use Blockchain vs. Distributed Ledgers
TheServerSide, Friday, May 3rd, 2024
Blockchain and distributed ledgers are similar but not quite synonymous. Learn their differences and how they are used, including together, for transactions and data storage.
There is a perception among many that blockchain and distributed ledger technology are the same thing. This is not quite the case.
This article explains the difference between blockchain and distributed ledger technology (DLT) and how each is used. First, we'll cover the essentials of blockchain and how DLT uses blockchain rather than being a substitute for it. Then, we'll describe how DLT uses other types of peer-to-peer technologies to store data.