Distributed Ledger Technology (DLT)
By CoinGecko | Updated on Mar 03, 2020
Describes the technology that enables distributed ledger. This term is mostly used in the context of enterprise use cases where different modes of distributed ledger technology can be used for different business needs.
Related Terms
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Venture Capital
capital (funds) that is invested in a company that needs a substantial pool of funds to initiate.
Decentralized Applications (dApps)
Applications that run on decentralized peer-to-peer networks such as Ethereum.
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
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