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114 plain-English lessons Β· 15 modules

Distributed Ledger Technology (DLT)

DLT is any system where a ledger is replicated and kept in sync across many independent computers.

In depth

Blockchain is the best-known type of DLT, but not the only one β€” some ledgers use different data structures (like directed graphs) or restrict who can participate. What they share is that no single copy is the "master"; the participants run a protocol to agree on the same state. Enterprise consortia use permissioned DLTs, while public cryptocurrencies use open, permissionless ones.

Venn-style graphic: "Distributed ledgers" as the outer circle, "Blockchains" inside it, with Bitcoin/Ethereum as examples.

Why it matters

The term shows up constantly in regulation and enterprise contexts; knowing how it relates to blockchain avoids confusion.