Terenval Crypto Glossary · Русская версия

Distributed ledger

Definition: A distributed ledger is a database or record system replicated across multiple participants or nodes that coordinate updates according to defined rules.

A blockchain is one form of distributed ledger, but not every distributed ledger organizes data into cryptographically linked blocks.

How this concept appears in Terenval Wallet

Terenval interacts with public blockchain ledgers through supported network infrastructure and presents their balances and transaction state to the user.

Important: A wallet view is an interpretation of ledger data; verify important transactions against the network when needed.

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