Podcast Beta
Questions and Answers
What is the primary method through which blockchain achieves security and tamper-resistance?
Blockchain uses cryptographic hashes to link blocks of data, making it tamper-resistant.
What distinguishes blockchain from other forms of distributed ledger technology (DLT)?
Blockchain is a specific subset of DLT that utilizes a linked block structure to store data.
How does DLT maintain distributed ledgers among multiple parties?
DLT relies on consensus mechanisms where all participants agree on changes to the ledger.
What role do cryptographic hashes play in blockchain technology?
Signup and view all the answers
Why is decentralized control important in DLT?
Signup and view all the answers
Study Notes
Blockchain vs. Distributed Ledger Technology (DLT)
- Blockchain is a specific subset of DLT, focusing on data storage in linked blocks.
- Each block in a blockchain is connected via cryptographic hashes, enhancing security and tamper-resistance.
- Accessing information within a blockchain requires traversing through the linked chain of blocks.
- DLT is a broader term that includes various methods for maintaining a distributed ledger, allowing for decentralized data management.
- Unlike centralized databases, DLT operates on consensus mechanisms where all participants agree on changes to the ledger.
- The decentralized control of DLT ensures secure and transparent transaction processes.
- While blockchain adheres to the decentralized approach of DLT, it features a specialized structure that differentiates it from other DLT forms.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz explores the key differences and similarities between blockchain and distributed ledger technology (DLT). Understand how blockchain operates with linked blocks and cryptographic hashes, while DLT represents a broader framework for secure data storage. Test your knowledge on these vital concepts in modern technology.
