Blockchain vs distributed ledger technology (DLT) are often used interchangeably but have distinct characteristics. Blockchain is a specific type of DLT that organizes data in blocks linked together in a chronological chain, ensuring transparency and immutability. DLT, on the other hand, encompasses various architectures for storing and sharing data across multiple locations without a central authority. While all blockchains are distributed ledgers, not all distributed ledgers are blockchains. Understanding these nuances is crucial for selecting the appropriate technology for specific use cases.
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