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Q » Explain how does a decentralized ledger work?
02 Nov, 2025
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A » A decentralized ledger is a digital record-keeping system where transactions are recorded across multiple locations without a central authority. Each participant, or node, maintains a copy of the entire ledger, ensuring transparency and security. Consensus algorithms, like proof of work or proof of stake, are used to validate new transactions, making it resistant to fraud and single points of failure, which are common in centralized systems.
03 Nov, 2025
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