Replicated Ledgers

Definition ∞ Replicated Ledgers are distributed databases where identical copies of transaction records are maintained and synchronized across multiple independent nodes or participants. This redundancy ensures data consistency and resilience against single points of failure. Blockchain technology is a prominent example of a replicated ledger system. This structure provides transparency and immutability.
Context ∞ Replicated ledgers are central to the security and decentralization claims of blockchain networks, providing transparency and immutability for digital asset transactions. Discussions in crypto news often focus on the consensus mechanisms that maintain these ledgers and their implications for scalability and transaction finality. The integrity of these ledgers is paramount.