What is Replicated Ledger?

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 which is distributed to all participants in a network of cryptocurrency world. This is very helpful to share all the recorded digitized information or data with all participants of cryptocurrency in a network.  Share a single copy to a globe is risky and undesirable that’s why using a replicated one to share the all the digitized information with their participants. It shares a same genuine record information for their participants to take the right decision at the right time according to records.

 

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