A list of recorded, time-stamped transactions that are simultaneously broadcast, copied, and verified via consensus across many different computers in a P2P distributed network. If every computer (node) in the network has an identical copy of the ledger, illegitimate entries or corrupted versions are easier to detect.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.