Micron Document
<!DOCTYPE html>
<html class="client-nojs vector-feature-night-mode-disabled vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-sticky-header-enabled" lang="en" dir="ltr"><head>
<meta charset="UTF-8">
<title>Distributed ledger</title>
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<link rel="canonical" href="https://en.wikipedia.org/wiki/Distributed_ledger"> <link href="./mw/ext.cite.styles.css" rel="stylesheet" type="text/css">
<link href="./mw/skins.vector.icons.css" rel="stylesheet" type="text/css">
<link href="./mw/skins.vector.search.codex.styles.css" rel="stylesheet" type="text/css">
<link href="./mw/skins.vector.styles.css" rel="stylesheet" type="text/css">
<link href="./mw/user.styles.css" rel="stylesheet" type="text/css">
<meta name="ResourceLoaderDynamicStyles" content="">
<link rel="stylesheet" type="text/css" href="./mw/site.styles.css">
<link rel="stylesheet" type="text/css" href="./mw/noscript.css">
<link rel="stylesheet" type="text/css" href="./footer.css">
<link rel="stylesheet" type="text/css" href="./vector-2022.css">
</head>
<body class="skin--responsive skin-vector skin-vector-search-vue mediawiki ltr sitedir-ltr mw-hide-empty-elt ns-0 ns-subject page-Distributed_ledger rootpage-Distributed_ledger skin-vector-2022 action-view">
<div class="mw-page-container">
<div class="mw-page-container-inner">
<div class="mw-content-container">
<main id="content" class="mw-body">
<header class="mw-body-header vector-page-titlebar">
<h1 id="firstHeading" class="firstHeading mw-first-heading">
<span id="openzim-page-title" class="mw-page-title-main"><span class="mw-page-title-main">Distributed ledger</span></span>
</h1>
</header>
<a id="top"></a>
<div id="bodyContent" class="vector-body ve-init-mw-desktopArticleTarget-targetContainer" aria-labelledby="firstHeading" data-mw-ve-target-container="">
<div id="mw-content-text" class="mw-body-content mw-content-ltr" lang="en" dir="ltr"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr">
<p>A <b>distributed ledger</b> (also called a <b>shared ledger</b> or <b>distributed ledger technology</b> or <b>DLT</b>) is a system whereby replicated, shared, and synchronized digital <a href="Data" title="Data">data</a> is geographically spread (distributed) across many sites, countries, or institutions.<sup id="cite_ref-UKscienceOffice201601_1-0" class="reference"><a href="#cite_note-UKscienceOffice201601-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> Its fundamental rationale is <a href="Argumentum_ad_populum" title="Argumentum ad populum">Argumentum ad populum</a> whereby its veracity relies on a popular or majority of nodes to force the system to agree. In contrast to a <a href="Centralized_database" title="Centralized database">centralized database</a>, a distributed ledger does not require a central administrator, and consequently does not have a <a href="Single_point_of_failure" title="Single point of failure">single (central) point-of-failure</a>.<sup id="cite_ref-raiib_2-0" class="reference"><a href="#cite_note-raiib-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup>
</p><p>In general, a distributed ledger requires a <a href="Peer-to-peer" title="Peer-to-peer">peer-to-peer (P2P)</a> computer network and <a href="Consensus_(computer_science)" title="Consensus (computer science)">consensus</a> algorithms so that the ledger is reliably replicated across distributed computer nodes (servers, clients, etc.).<sup id="cite_ref-raiib_2-1" class="reference"><a href="#cite_note-raiib-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> The most common form of distributed ledger technology is the <a href="Blockchain" title="Blockchain">blockchain</a> (commonly associated with the <a href="Bitcoin" title="Bitcoin">bitcoin</a> <a href="Cryptocurrency" title="Cryptocurrency">cryptocurrency</a>), which can either be on a public or private network. Infrastructure for data management is a common barrier to implementing DLT.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup>
</p>
<meta property="mw:PageProp/toc">
<div class="mw-heading mw-heading2"><h2 id="Characteristics">Characteristics</h2></div>
<p>Distributed ledger data is typically spread across multiple nodes (computational devices) on a P2P network, where each replicates and saves an identical copy of the ledger data and updates itself independently of other nodes. The primary advantage of this distributed processing pattern is the lack of a central authority, which would constitute a <a href="Single_point_of_failure" title="Single point of failure">single point of failure</a>. When a ledger update transaction is broadcast to the P2P network, each distributed node processes a new update transaction independently, and then collectively all working nodes use a <a href="Consensus_algorithm" class="mw-redirect" title="Consensus algorithm">consensus algorithm</a> to determine the correct copy of the updated ledger. Once a consensus has been determined, all the other nodes update themselves with the latest, correct copy of the updated ledger.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> Security is enforced through cryptographic keys and signatures.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Applications">Applications</h2></div>
<p><a href="Certificate_Transparency" title="Certificate Transparency">Certificate Transparency</a> is an Internet security standard for monitoring and auditing the issuance of digital certificates based on a distributed ledger. It was initiated in 2011, standardised in 2013 and started to be used by the Google Chrome browser for all certificates in 2018.
</p><p>In 2016, some banks tested distributed ledger systems for payments<sup id="cite_ref-cbl_9-0" class="reference"><a href="#cite_note-cbl-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> to determine their usefulness.<sup id="cite_ref-raiib_2-2" class="reference"><a href="#cite_note-raiib-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> In 2020, <a href="Axoni" title="Axoni">Axoni</a> launched Veris, a distributed ledger platform that manages equity swap transactions.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> The platform, which matches and reconciles post-trade data on stock swaps, is used by <a href="BlackRock" title="BlackRock">BlackRock Inc</a>., <a href="Goldman_Sachs" title="Goldman Sachs">Goldman Sachs Group Inc</a>., and <a href="Citigroup" title="Citigroup">Citigroup, Inc</a>.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup>
</p><p>A pilot scheme by the <a href="Monetary_Authority_of_Singapore" title="Monetary Authority of Singapore">Monetary Authority of Singapore</a> completed its first live trades using DLT in 2022. The pilot by Singapore's central bank involved JP Morgan, SBI Digital Asset Holdings and DBS. The banks traded using smart contracts against liquidity pools of <a href="Tokenization_(data_security)" title="Tokenization (data security)">tokenized</a> Singapore government bonds, Japanese government bonds, yen, and Singapore dollars. Singapore has set up two more pilots. Standard Chartered Bank is exploring tokens for trade finance; and <a href="HSBC" title="HSBC">HSBC</a> and <a href="United_Overseas_Bank" title="United Overseas Bank">United Overseas Bank</a> are working with Marketnode, a digital markets infrastructure provider, on products for wealth management.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup>
</p><p>DLT can be used for <a href="Smart_contract" title="Smart contract">smart contracting</a>, which is the formation of contracts which automatically complete when triggered by prevailing conditions.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup>
</p><p>DLT is itself secured by cryptographic methods, but can also be used as a base layer on which to build further cryptographic applications, such as protocols that require or benefit from a public broadcast mechanism, including <a href="Transparent_decryption" title="Transparent decryption">transparent decryption</a>.
</p>
<div class="mw-heading mw-heading2"><h2 id="Types">Types</h2></div>
<p>In the context of cryptocurrencies, distributed ledger technologies can be categorized in terms of their <a href="Data_structures" class="mw-redirect" title="Data structures">data structures</a>, <a href="Consensus_(computer_science)" title="Consensus (computer science)">consensus algorithms</a>, permissions, and whether they are mined. DLT data structure types include linear data structures (<a href="Blockchains" class="mw-redirect" title="Blockchains">blockchains</a>) to more complex <a href="Directed_acyclic_graphs" class="mw-redirect" title="Directed acyclic graphs">directed acyclic graph</a> (DAG) and hybrid data structures. DLT consensus algorithm types include <a href="Proof-of-work" class="mw-redirect" title="Proof-of-work">proof-of-work</a> (PoW) and <a href="Proof-of-stake" class="mw-redirect" title="Proof-of-stake">proof-of-stake</a> (PoS) algorithms and DAG consensus-building and voting algorithms. DLTs are generally either permissioned (private) or permissionless (public).<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> PoW cryptocurrencies are generally either 'mined' or 'non-mined', where the latter typically indicates 'pre-mined' cryptocurrencies, such as <a href="XRP" class="mw-redirect" title="XRP">XRP</a> or <a href="IOTA_(technology)" title="IOTA (technology)">IOTA</a>. PoS cryptocurrencies do not use miners, instead usually relying on validation among owners of the cryptocurrency, such as <a href="Cardano_(blockchain_platform)" title="Cardano (blockchain platform)">Cardano</a> or <a href="Solana_(blockchain_platform)" title="Solana (blockchain platform)">Solana</a>.
</p><p>Blockchains are the most common DLT type, with a 256-bit <a href="Secure_Hash_Algorithms" title="Secure Hash Algorithms">secure hash algorithm</a> (SHA). DLTs based on DAG data structures or hybrid blockchain-DAG decrease transaction data size and transaction costs, while increasing transaction speeds compared with bitcoin, the first cryptocurrency.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> Examples of DAG DLT cryptocurrencies include MIOTA (<a href="IOTA_(technology)" title="IOTA (technology)">IOTA</a> Tangle DLT) and HBAR (<a href="Hashgraph" class="mw-redirect" title="Hashgraph">Hedera Hashgraph</a>). <a href="Holochain" title="Holochain">Holochain</a> represents a departure from traditional DLT models, using an agent-centric approach with individual source chains and a <a href="Distributed_hash_table" title="Distributed hash table">distributed hash table</a> (DHT) for data validation, eliminating the need for a global consensus mechanism.
</p>
<div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2></div>
<ul><li><a href="Hyperledger" title="Hyperledger">Hyperledger</a></li>
<li><a href="Decentralized_finance" title="Decentralized finance">Decentralized Finance (DeFi)</a></li>
<li><a href="Cryptoeconomics" title="Cryptoeconomics">Cryptoeconomics</a></li>
<li><a href="Eventual_consistency" title="Eventual consistency">Eventual consistency</a></li>
<li><a href="Web3" title="Web3">Web3</a></li></ul>
<div class="mw-heading mw-heading2"><h2 id="References">References</h2></div>
<style data-mw-deduplicate="TemplateStyles:r1239543626">
/* start https://en.wikipedia.org/ */


.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}


/* end https://en.wikipedia.org/ */
</style><div class="reflist">
<div class="mw-references-wrap mw-references-columns"><ol class="references">
<li id="cite_note-UKscienceOffice201601-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-UKscienceOffice201601_1-0">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">
/* start https://en.wikipedia.org/ */


.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("./mw/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("./mw/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("./mw/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("./mw/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}


/* end https://en.wikipedia.org/ */
</style><cite class="citation report cs1"><a rel="nofollow" class="external text" href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/492972/gs-16-1-distributed-ledger-technology.pdf">Distributed Ledger Technology: beyond block chain</a> <span class="cs1-format">(PDF)</span> (Report). <a href="Government_Office_for_Science" title="Government Office for Science">Government Office for Science</a> (UK). January 2016. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180316224959/https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/492972/gs-16-1-distributed-ledger-technology.pdf">Archived</a> <span class="cs1-format">(PDF)</span> from the original on 16 March 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">29 August</span> 2016</span>.</cite></span>
</li>
<li id="cite_note-raiib-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-raiib_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-raiib_2-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-raiib_2-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFScardovi2016" class="citation book cs1">Scardovi, Claudio (2016). <a rel="nofollow" class="external text" href="https://play.google.com/store/books/details?id=uNM0DQAAQBAJ"><i>Restructuring and Innovation in Banking</i></a>. Springer. p.&nbsp;36. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-331940204-8</bdi>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220922092924/https://play.google.com/store/books/details?id=uNM0DQAAQBAJ">Archived</a> from the original on 22 September 2022<span class="reference-accessdate">. Retrieved <span class="nowrap">21 November</span> 2016</span>.</cite></span>
</li>
<li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.investopedia.com/terms/d/distributed-ledgers.asp">"Distributed Ledgers"</a>. <i>Investopedia</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220801184556/https://www.investopedia.com/terms/d/distributed-ledgers.asp">Archived</a> from the original on 2022-08-01<span class="reference-accessdate">. Retrieved <span class="nowrap">2022-08-09</span></span>.</cite></span>
</li>
<li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><cite id="CITEREFSadeghiMahmoudiDeng2022" class="citation journal cs1">Sadeghi, Mahsa; Mahmoudi, Amin; Deng, Xiaopeng (2022-02-01). <a rel="nofollow" class="external text" href="https://doi.org/10.1007/s11356-021-16376-y">"Adopting distributed ledger technology for the sustainable construction industry: evaluating the barriers using Ordinal Priority Approach"</a>. <i>Environmental Science and Pollution Research</i>. <b>29</b> (7): <span class="nowrap">10495–</span>10520. <a href="Bibcode_(identifier)" class="mw-redirect" title="Bibcode (identifier)">Bibcode</a>:<a rel="nofollow" class="external text" href="https://ui.adsabs.harvard.edu/abs/2022ESPR...2910495S">2022ESPR...2910495S</a>. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1007%2Fs11356-021-16376-y">10.1007/s11356-021-16376-y</a>. <a href="ISSN_(identifier)" class="mw-redirect" title="ISSN (identifier)">ISSN</a>&nbsp;<a rel="nofollow" class="external text" href="https://search.worldcat.org/issn/1614-7499">1614-7499</a>. <a href="PMC_(identifier)" class="mw-redirect" title="PMC (identifier)">PMC</a>&nbsp;<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8443118">8443118</a></span>. <a href="PMID_(identifier)" class="mw-redirect" title="PMID (identifier)">PMID</a>&nbsp;<a rel="nofollow" class="external text" href="https://pubmed.ncbi.nlm.nih.gov/34528198">34528198</a>.</cite></span>
</li>
<li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><cite id="CITEREFMaullGodsiffMulliganBrown2017" class="citation journal cs1">Maull, Roger; Godsiff, Phil; Mulligan, Catherine; Brown, Alan; Kewell, Beth (21 Sep 2017). <a rel="nofollow" class="external text" href="https://openresearch.surrey.ac.uk/esploro/outputs/journalArticle/Distributed-Ledger-Technology-Applications-and-Implications/99514404202346">"Distributed ledger technology: Applications and implications"</a>. <i>FINRA</i>. <b>26</b> (5): <span class="nowrap">481–</span>89. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1002%2Fjsc.2148">10.1002/jsc.2148</a>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220209141621/https://openresearch.surrey.ac.uk/esploro/outputs/journalArticle/Distributed-Ledger-Technology-Applications-and-Implications/99514404202346">Archived</a> from the original on 9 February 2022<span class="reference-accessdate">. Retrieved <span class="nowrap">9 February</span> 2022</span>.</cite></span>
</li>
<li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><cite class="citation pressrelease cs1"><a rel="nofollow" class="external text" href="https://www.gov.uk/government/news/distributed-ledger-technology-beyond-block-chain">"Distributed Ledger Technology: beyond block chain"</a> (Press release). <a href="Government_Office_for_Science" title="Government Office for Science">Government Office for Science</a> (UK). 19 January 2016. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20220515141637/https://www.gov.uk/government/news/distributed-ledger-technology-beyond-block-chain">Archived</a> from the original on 15 May 2022<span class="reference-accessdate">. Retrieved <span class="nowrap">25 September</span> 2018</span>.</cite></span>
</li>
<li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><cite id="CITEREFBrakevillePerepa2018" class="citation web cs1">Brakeville, Sloane; Perepa, Bhargav (18 Mar 2018). <a rel="nofollow" class="external text" href="https://www.ibm.com/developerworks/cloud/library/cl-blockchain-basics-intro-bluemix-trs/">"Blockchain basics: Introduction to distributed ledgers"</a>. <i>Developer works</i>. IBM. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20180926230754/https://www.ibm.com/developerworks/cloud/library/cl-blockchain-basics-intro-bluemix-trs/">Archived</a> from the original on 26 September 2018<span class="reference-accessdate">. Retrieved <span class="nowrap">25 Sep</span> 2018</span>.</cite></span>
</li>
<li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><cite id="CITEREFRutland" class="citation web cs1">Rutland, Emily. <a rel="nofollow" class="external text" href="https://www.finra.org/sites/default/files/2017_BC_Byte.pdf">"Blockchain Byte"</a> <span class="cs1-format">(PDF)</span>. <i>FINRA</i>. R3 Research. p.&nbsp;2. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20210123091035/https://www.finra.org/sites/default/files/2017_BC_Byte.pdf">Archived</a> <span class="cs1-format">(PDF)</span> from the original on 23 January 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">25 September</span> 2018</span>.</cite></span>
</li>
<li id="cite_note-cbl-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-cbl_9-0">^</a></b></span> <span class="reference-text"><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://www.afr.com/technology/central-banks-look-to-the-future-of-money-with-blockchain-technology-trial-20161117-gss4nd">"Central banks look to the future of money with blockchain technology trial"</a>. <i>Australian Financial Review</i>. Fairfax Media Publications. 21 November 2016. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20161204014120/http://www.afr.com/technology/central-banks-look-to-the-future-of-money-with-blockchain-technology-trial-20161117-gss4nd">Archived</a> from the original on 4 December 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">7 December</span> 2016</span>.</cite></span>
</li>
<li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text">"Citi and Goldman Sachs go live with blockchain equity swaps platform - The TRADE". www.thetradenews.com. Retrieved 2022-05-20.</span>
</li>
<li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text">"BlackRock Joins Blockchain Platform Axoni for Equity Swap Trades". Bloomberg.com. 2021-09-07. Retrieved 2022-05-20.</span>
</li>
<li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.euromoney.com/article/2au6gwbo5uecadnjjxzb4/fintech/mas-in-defi-landmark-trade">"MAS in DeFi landmark trade"</a>. <i>Euromoney</i>. 2022-11-03. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230204033040/https://www.euromoney.com/article/2au6gwbo5uecadnjjxzb4/fintech/mas-in-defi-landmark-trade">Archived</a> from the original on 2023-02-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2023-02-04</span></span>.</cite></span>
</li>
<li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.mas.gov.sg/news/media-releases/2022/first-industry-pilot-for-digital-asset-and-decentralised-finance-goes-live">"First Industry Pilot for Digital Asset and Decentralised Finance Goes Live"</a>. <i>www.mas.gov.sg</i>. <a rel="nofollow" class="external text" href="https://web.archive.org/web/20230204033045/https://www.mas.gov.sg/news/media-releases/2022/first-industry-pilot-for-digital-asset-and-decentralised-finance-goes-live">Archived</a> from the original on 2023-02-04<span class="reference-accessdate">. Retrieved <span class="nowrap">2023-02-04</span></span>.</cite></span>
</li>
<li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text">Nevil, S., <a rel="nofollow" class="external text" href="https://www.investopedia.com/terms/d/distributed-ledger-technology-dlt.asp">Distributed Ledger Technology (DLT): Definition and How It Works</a>, <i>Investopedia</i>, updated on 14 June 2024, accessed on 22 June 2024</span>
</li>
<li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20180119120102/https://blockchainhub.net/blockchains-and-distributed-ledger-technologies-in-general/">"Blockchains &amp; Distributed Ledger Technologies"</a>. <i>Blockchainhub Berlin</i>. Archived from <a rel="nofollow" class="external text" href="https://blockchainhub.net/blockchains-and-distributed-ledger-technologies-in-general/">the original</a> on 2018-01-19<span class="reference-accessdate">. Retrieved <span class="nowrap">2022-07-28</span></span>.</cite></span>
</li>
<li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><cite id="CITEREFPervez2018" class="citation journal cs1">Pervez, H. (2018). <a rel="nofollow" class="external text" href="https://www.researchgate.net/publication/330880551">"A Comparative Analysis of DAG-Based Blockchain Architectures"</a>. ICOSST 2018.</cite> <span class="cs1-visible-error citation-comment"><code class="cs1-code">{{cite journal}}</code>: </span><span class="cs1-visible-error citation-comment">Cite journal requires <code class="cs1-code">|journal=</code> (help)</span><span class="cs1-maint citation-comment">CS1 maint: location (link)</span></span>
</li>
</ol></div></div>
<div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1129693374">
/* start https://en.wikipedia.org/ */


.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}


/* end https://en.wikipedia.org/ */
</style><style data-mw-deduplicate="TemplateStyles:r1236075235">
/* start https://en.wikipedia.org/ */


.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}


/* end https://en.wikipedia.org/ */
</style></div><div role="navigation" class="navbox" aria-labelledby="Cryptocurrencies710" style="padding:3px"><table class="nowraplinks hlist mw-collapsible expanded navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><style data-mw-deduplicate="TemplateStyles:r1239400231">
/* start https://en.wikipedia.org/ */


.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}


/* end https://en.wikipedia.org/ */
</style><div id="Cryptocurrencies710" style="font-size:114%;margin:0 4em"><a href="Cryptocurrency" title="Cryptocurrency">Cryptocurrencies</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Technology</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Blockchain" title="Blockchain">Blockchain</a></li>
<li><a href="Cryptocurrency_tumbler" title="Cryptocurrency tumbler">Cryptocurrency tumbler</a></li>
<li><a href="Cryptocurrency_wallet" title="Cryptocurrency wallet">Cryptocurrency wallet</a></li>
<li><a href="Cryptographic_hash_function" title="Cryptographic hash function">Cryptographic hash function</a></li>
<li><a href="Decentralized_finance#Decentralized_exchanges" title="Decentralized finance">Decentralized exchange</a></li>
<li><a href="Decentralized_finance" title="Decentralized finance">Decentralized finance</a></li>

<li><a href="Fork_(blockchain)" title="Fork (blockchain)">Fork</a></li>
<li><a href="Lightning_Network" title="Lightning Network">Lightning Network</a></li>
<li><a href="MetaMask" title="MetaMask">MetaMask</a></li>
<li><a href="Smart_contract" title="Smart contract">Smart contract</a></li>
<li><a href="Web3" title="Web3">Web3</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Consensus_(computer_science)" title="Consensus (computer science)">Consensus</a> mechanisms</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Proof_of_authority" title="Proof of authority">Proof of authority</a></li>
<li><a href="Proof_of_space" title="Proof of space">Proof of space</a></li>
<li><a href="Proof_of_stake" title="Proof of stake">Proof of stake</a></li>
<li><a href="Proof_of_work" title="Proof of work">Proof of work</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Proof_of_work" title="Proof of work">Proof of work</a> currencies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="SHA-2" title="SHA-2">SHA-256</a>-based</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Bitcoin" title="Bitcoin">Bitcoin</a></li>
<li><a href="Bitcoin_Cash" title="Bitcoin Cash">Bitcoin Cash</a></li>
<li><a href="Counterparty_(platform)" title="Counterparty (platform)">Counterparty</a></li>
<li><a href="LBRY" title="LBRY">LBRY</a></li>
<li><a href="MazaCoin" title="MazaCoin">MazaCoin</a></li>
<li><a href="Namecoin" title="Namecoin">Namecoin</a></li>
<li><a href="Peercoin" title="Peercoin">Peercoin</a></li>
<li><a href="Titcoin" title="Titcoin">Titcoin</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Ethereum" title="Ethereum">Ethash</a>-based</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Ethereum" title="Ethereum">Ethereum</a> (1.0)</li>
<li><a href="Ethereum_Classic" title="Ethereum Classic">Ethereum Classic</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Scrypt" title="Scrypt">Scrypt</a>-based</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Auroracoin" title="Auroracoin">Auroracoin</a></li>
<li><a href="Bitconnect" title="Bitconnect">Bitconnect</a></li>
<li><a href="Coinye" title="Coinye">Coinye</a></li>
<li><a href="Dogecoin" title="Dogecoin">Dogecoin</a></li>
<li><a href="Litecoin" title="Litecoin">Litecoin</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Equihash" title="Equihash">Equihash</a>-based</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Bitcoin_Gold" title="Bitcoin Gold">Bitcoin Gold</a></li>
<li><a href="Zcash" title="Zcash">Zcash</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">RandomX-based</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Monero" title="Monero">Monero</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Dash_(cryptocurrency)#X11" title="Dash (cryptocurrency)">X11</a>-based</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Dash_(cryptocurrency)" title="Dash (cryptocurrency)">Dash</a></li>
<li><a href="Petro_(token)" title="Petro (token)">Petro</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="AmbaCoin" title="AmbaCoin">AmbaCoin</a></li>
<li><a href="Firo_(cryptocurrency)" title="Firo (cryptocurrency)">Firo</a></li>
<li><a href="IOTA_(technology)" title="IOTA (technology)">IOTA</a></li>
<li><a href="Nervos_Network" title="Nervos Network">Nervos Network</a></li>
<li><a href="Primecoin" title="Primecoin">Primecoin</a></li>
<li><a href="Verge_(cryptocurrency)" title="Verge (cryptocurrency)">Verge</a></li>
<li><a href="Vertcoin" title="Vertcoin">Vertcoin</a></li></ul>
</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Proof_of_stake" title="Proof of stake">Proof of stake</a> currencies</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Algorand" title="Algorand">Algorand</a></li>
<li><a href="Avalanche_(blockchain_platform)" title="Avalanche (blockchain platform)">Avalanche</a></li>
<li><a href="Cardano_(blockchain_platform)" title="Cardano (blockchain platform)">Cardano</a></li>
<li><a href="EOS.IO" title="EOS.IO">EOS.IO</a></li>
<li><a href="Ethereum" title="Ethereum">Ethereum</a> (2.0)</li>
<li><a href="Gridcoin" title="Gridcoin">Gridcoin</a></li>
<li><a href="ICON_(blockchain_platform)" title="ICON (blockchain platform)">ICON</a></li>
<li><a href="Injective_(blockchain)" title="Injective (blockchain)">Injective</a></li>
<li><a href="Kin_(cryptocurrency)" class="mw-redirect" title="Kin (cryptocurrency)">Kin</a></li>
<li><a href="Nxt" title="Nxt">Nxt</a></li>
<li><a href="Peercoin" title="Peercoin">Peercoin</a></li>
<li><a href="Polkadot_(blockchain_platform)" title="Polkadot (blockchain platform)">Polkadot</a></li>
<li><a href="Solana_(blockchain_platform)" title="Solana (blockchain platform)">Solana</a></li>
<li><a href="Steemit" title="Steemit">Steem</a></li>
<li><a href="Tezos" title="Tezos">Tezos</a></li>
<li><a href="The_Open_Network" class="mw-redirect" title="The Open Network">TON</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="ERC-20" class="mw-redirect" title="ERC-20">ERC-20</a> tokens</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Augur_(software)" title="Augur (software)">Augur</a></li>
<li><a href="Aventus_(protocol)" title="Aventus (protocol)">Aventus</a></li>
<li><a href="Brave_(web_browser)#Basic_Attention_Token" title="Brave (web browser)">Basic Attention Token</a></li>
<li><a href="Chainlink_(blockchain_oracle)" title="Chainlink (blockchain oracle)">Chainlink</a></li>
<li><a href="Kin_(cryptocurrency)" class="mw-redirect" title="Kin (cryptocurrency)">Kin</a></li>
<li><a href="KodakCoin" title="KodakCoin">KodakCoin</a></li>
<li><a href="Minds_(social_network)" title="Minds (social network)">Minds</a></li>
<li><a href="Polygon_(blockchain)" title="Polygon (blockchain)">Polygon</a></li>
<li><a href="Shiba_Inu_(cryptocurrency)" title="Shiba Inu (cryptocurrency)">Shiba Inu</a></li>
<li><a href="The_DAO" title="The DAO">The DAO</a></li>
<li><a href="Tron_(blockchain)" title="Tron (blockchain)">TRON</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Stablecoin" title="Stablecoin">Stablecoins</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Dai_(cryptocurrency)" title="Dai (cryptocurrency)">Dai</a></li>
<li><a href="Diem_(digital_currency)" title="Diem (digital currency)">Diem</a></li>
<li><a href="Paxos_Trust_Company#Paxos_Standard" title="Paxos Trust Company">Pax</a></li>
<li><a href="Terra_(blockchain)" title="Terra (blockchain)">Terra</a></li>
<li><a href="Tether_(cryptocurrency)" title="Tether (cryptocurrency)">Tether</a></li>
<li><a href="USD_Coin" class="mw-redirect" title="USD Coin">USD Coin</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Meme_coins" class="mw-redirect" title="Meme coins">Meme coins</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="%24CAR" class="mw-redirect" title="$CAR">CAR</a></li>
<li><a href="%24CHILLGUY" class="mw-redirect" title="$CHILLGUY">Chill Guy</a></li>
<li><a href="Coinye" title="Coinye">Coinye</a></li>
<li><a href="Dogecoin" title="Dogecoin">Dogecoin</a></li>
<li><a href="LGBcoin" class="mw-redirect" title="LGBcoin">LGBcoin</a></li>
<li><a href="%24Libra" class="mw-redirect" title="$Libra">Libra</a></li>
<li><a href="%24Melania" class="mw-redirect" title="$Melania">Melania</a></li>
<li><a href="Pawthereum" title="Pawthereum">Pawthereum</a></li>
<li><a href="%24Trump" title="$Trump">Trump</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other currencies</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Chia_(cryptocurrency)" class="mw-redirect" title="Chia (cryptocurrency)">Chia</a></li>
<li><a href="Filecoin" title="Filecoin">Filecoin</a></li>
<li><a href="Hashgraph" class="mw-redirect" title="Hashgraph">HBAR (Hashgraph)</a></li>
<li><a href="Helium_Network" title="Helium Network">Helium</a></li>
<li><a href="Terra_(blockchain)" title="Terra (blockchain)">Luna</a></li>
<li><a href="MobileCoin" title="MobileCoin">MobileCoin</a></li>
<li><a href="Nano_(cryptocurrency)" title="Nano (cryptocurrency)">Nano</a></li>
<li><a href="NEO_(cryptocurrency)" class="mw-redirect" title="NEO (cryptocurrency)">NEO</a></li>
<li><a href="SafeMoon" title="SafeMoon">SafeMoon</a></li>
<li><a href="Stellar_(payment_network)" title="Stellar (payment network)">Stellar</a></li>
<li><a href="WhopperCoin" title="WhopperCoin">WhopperCoin</a></li>
<li><a href="XRP_Ledger" title="XRP Ledger">XRP Ledger</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="List_of_cryptocurrencies#Inactive_currencies" title="List of cryptocurrencies">Inactive currencies</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Bitconnect" title="Bitconnect">BitConnect</a></li>
<li><a href="Coinye" title="Coinye">Coinye</a></li>
<li><a href="KodakCoin" title="KodakCoin">KodakCoin</a></li>
<li><a href="OneCoin" title="OneCoin">OneCoin</a></li>
<li><a href="Petro_(token)" title="Petro (token)">Petro</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Crypto service companies</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="Hyperledger" title="Hyperledger">Hyperledger</a></li>
<li><a href="IQ.Wiki" class="mw-redirect" title="IQ.Wiki">IQ.Wiki</a></li>
<li><a href="Quahl" title="Quahl">Initiative Q</a></li></ul>
</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related topics</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">
<ul><li><a href="%24Libra_cryptocurrency_scandal" title="$Libra cryptocurrency scandal">$Libra cryptocurrency scandal</a></li>
<li><a href="2023_United_States_banking_crisis" title="2023 United States banking crisis">2023 United States banking crisis</a></li>
<li><a href="Airdrop_(cryptocurrency)" title="Airdrop (cryptocurrency)">Airdrop</a></li>
<li><a href="Bitcoin_in_El_Salvador" title="Bitcoin in El Salvador">Bitcoin in El Salvador</a></li>
<li><a href="BitLicense" title="BitLicense">BitLicense</a></li>
<li><a href="Blockchain_game" title="Blockchain game">Blockchain game</a></li>
<li><a href="Complementary_currency" title="Complementary currency">Complementary currency</a></li>
<li><a href="Crypto-anarchy" title="Crypto-anarchy">Crypto-anarchy</a></li>
<li><a href="Cryptocurrencies_in_Europe" title="Cryptocurrencies in Europe">Cryptocurrencies in Europe</a></li>
<li><a href="Cryptocurrencies_in_Puerto_Rico" title="Cryptocurrencies in Puerto Rico">Cryptocurrencies in Puerto Rico</a></li>
<li><a href="Cryptocurrency_bubble" title="Cryptocurrency bubble">Cryptocurrency bubble</a></li>
<li><a href="Cryptocurrency_in_Australia" title="Cryptocurrency in Australia">Cryptocurrency in Australia</a></li>
<li><a href="Cryptocurrency_in_Nigeria" title="Cryptocurrency in Nigeria">Cryptocurrency in Nigeria</a></li>
<li>Cryptocurrency scams</li>
<li><a href="Digital_currency" title="Digital currency">Digital currency</a></li>
<li><a href="Decentralized_autonomous_organization" title="Decentralized autonomous organization">Decentralized autonomous organization</a></li>
<li><a href="Decentralized_application" title="Decentralized application">Decentralized application</a></li>
<li><a href="Distributed_ledger_technology_law" title="Distributed ledger technology law">Distributed ledger technology law</a></li>
<li><a href="Double-spending" title="Double-spending">Double-spending</a></li>
<li><a href="Environmental_impact_of_bitcoin" title="Environmental impact of bitcoin">Environmental impact</a></li>
<li><a href="Initial_coin_offering" title="Initial coin offering">Initial coin offering</a></li>
<li><a href="Initial_exchange_offering" title="Initial exchange offering">Initial exchange offering</a></li>
<li><a href="List_of_cryptocurrencies" title="List of cryptocurrencies">List of cryptocurrencies</a></li>
<li><a href="Non-fungible_token" title="Non-fungible token">Non-fungible token</a></li>
<li><a href="Token_money" title="Token money">Token money</a></li>
<li><a href="Strategic_bitcoin_reserve_(United_States)" title="Strategic bitcoin reserve (United States)">United States Strategic Bitcoin Reserve</a></li>
<li><a href="Virtual_currency" title="Virtual currency">Virtual currency</a></li></ul>
</div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div>
<ul><li><span class="noviewer" typeof="mw:File"><span title="Category"></span></span> <b>Category</b></li>
<li><span class="noviewer" typeof="mw:File"><span title="Commons page"></span></span> <b><a href="https://commons.wikimedia.org/wiki/Category:Cryptocurrency" class="extiw external" title="commons:Category:Cryptocurrency">Commons</a></b></li>
<li><span class="noviewer" typeof="mw:File"><span title="List-Class article"></span></span> <b><a href="List_of_cryptocurrencies" title="List of cryptocurrencies">List</a></b></li></ul>
</div></td></tr></tbody></table></div>
<div class="navbox-styles"><style data-mw-deduplicate="TemplateStyles:r1038841319">
/* start https://en.wikipedia.org/ */


.mw-parser-output .tooltip-dotted{border-bottom:1px dotted;cursor:help}


/* end https://en.wikipedia.org/ */
</style></div><div role="navigation" class="navbox authority-control" aria-label="Navbox542" style="padding:3px"><table class="nowraplinks hlist navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Authority control databases: National </th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><span class="rt-commentedText tooltip tooltip-dotted" title="Lillian Stone"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/1229475885">Germany</a></span></span></li></ul></div></td></tr></tbody></table></div></div><!--htdig_noindex--><div><div class="zim-footer">
This article is issued from <a class="external text" title="Last edited on 2025-07-06" href="https://en.wikipedia.org/wiki/?title=Distributed_ledger&amp;oldid=1299051955">Wikipedia</a>. The text is available under <a class="external text" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en">Creative Commons Attribution-Share Alike 4.0</a> unless otherwise noted. Additional terms may apply for the media files.
</div>
</div><!--/htdig_noindex--></div>
</div>
</main>
</div>
</div>
</div>

</body></html>