Distributed Ledger Infrastructure refers to a system where data is stored and shared across multiple locations. In the context of cryptocurrency, it is the technology behind digital transactions that helps maintain a transparent and secure record of all transactions.
This infrastructure is decentralized, meaning there is no central authority controlling the data. Instead, copies of the ledger are held by multiple users, called nodes, which work together to validate and record transactions.
By distributing the ledger across many nodes, it helps prevent fraud and hacking, as altering the data in one location would be nearly impossible due to the consensus mechanism of the network.
Overall, Distributed Ledger Infrastructure plays a vital role in ensuring the integrity of transactions in the cryptocurrency ecosystem, providing a reliable and secure way for users to exchange digital assets without the need for intermediaries.
