what is Replicated Ledger?-Definition of all finance terms

Definition of Replicated Ledger

Replicated ledger is a copy of a distributed ledger in a network that is distributed to all participants in a network of the cryptocurrency world. This is very helpful to share all the recorded digitized information or data with all cryptocurrency participants in a network. However, sharing a single copy to a globe is risky and undesirable. That’s why using a replicated one to share all the digitized information with their participants. By sharing the same record information, it helps its participants make the right decisions at the right time.

 

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