The Role of Ledger Technology in Blockchain Revolution
Exploring Ledger Systems: The Backbone of Blockchain
In the ever-evolving landscape of blockchain technology, one aspect stands out as the unsung hero: ledger systems. Often overlooked in discussions about cryptocurrencies and decentralized networks, ledger systems play a crucial role in the functioning and security of blockchain.
The Foundation of Trust: Understanding Blockchain Ledgers
At its core, a blockchain ledger is a decentralized, transparent, and immutable record of transactions. This ledger is maintained across a network of computers, known as nodes, which work together to validate and record new transactions. Each transaction is grouped into a “block” and added to the