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Blockchain and DLT - what's the difference?

Hello. What is the difference between DLT and blockchain technology? Thank you in advance.

Hello. What is the difference between DLT and blockchain technology? Thank you in advance.

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Great question! The main difference between DLT (Distributed Ledger Technology) and blockchain technology is that blockchain is a specific type of DLT. DLT is a broad category of technologies that enables multiple parties to have access to a shared ledger of transactions. Blockchain, on the other hand, is a specific type of DLT that uses cryptographic techniques to create a chain of blocks containing transaction data. So, in simple terms, all blockchains are DLT, but not all DLT systems are blockchains. I hope this helps clarify the difference between DLT and blockchain technology.

Great question! The main difference between DLT (Distributed Ledger Technology) and blockchain technology is that blockchain is a specific type of DLT. DLT is a broad category of technologies that enables multiple parties to have access to a shared ledger of transactions. Blockchain, on the other hand, is a specific type of DLT that uses cryptographic techniques to create a chain of blocks containing transaction data. So, in simple terms, all blockchains are DLT, but not all DLT systems are blockchains. I hope this helps clarify the difference between DLT and blockchain technology.


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