Let’s share how is a blockchain ledger different from an ordinary one.
How is a blockchain ledger different from an ordinary one?
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Let’s share how is a blockchain ledger different from an ordinary one.
Tammachir Suwanno
Blockchain transaction is verified by consensus and majority participants in the system and cannot be changed
Joy L
A blockchain ledger is a double entry accounting transaction that can not be altered or changed after proof of work has been accepted by the blockchain via consensus. This process reduces the chances of eliminating double spending or the chances of records being altered after the fact. The ledger can be publicly reviewed or made private by owners of the blockchain.
Chaitanya Rajeev
Blockchain Ledger is the series of Transactions where you cannot edit the ledger. Any addition of data or edit in the current data would be easily known. Meanwhile, when we take an example of the normal ledger we can edit and replace it with anything that we wanted.