A Distributed Ledger Is a Database That Is Independently Held

question 18

True/False

A distributed ledger is a database that is independently held and maintained by each participant or node in a large network.

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Definitions:

Coffee Maker

A kitchen appliance used for brewing coffee by automatically heating water and directing it through ground coffee beans.

Security System

A combination of technological equipment and procedures designed to protect a space or information from unauthorized access, theft, or damage.

Fax Machine

An electronic device used to send and receive documents over a telephone line by converting them to and from electronic bits.

Security System

A set of electronic or physical measures designed to protect a place or system against unauthorized access or harm.