Question

_______ is the type of ledger present in Blockchain.

a) Distributed Ledger

b) Decentralized Ledger

c) Both A and B

d) None of the above

Answer 1

Blockchain, in basic language, is an accumulation of blocks (ledger), in a distributed network (chain), which is utilized to record digital data of any value.

Decentralized Ledger and Distributed is the type of ledger present in Blockchain.