What is distributed ledger technology
Distributed ledger technology (DLT) also known as a distributed ledger or a shared ledger a way to stored data on a peer-to-peer distributed network. The data is updated and synchronized using a consensus algorithm as a part of the technology.
Blockchain technology is somewhat based on the distributed ledger technology.
Watch the following video to learn more about distributed ledger.
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GeneralIntermediateA bridge is only as safe as whatever verifies cross-chain messages. Most major hacks came from stolen validator keys, verification bugs, or bad upgrades, not the chains themselves.
#bridges#security
On Bitcoin, scale confirmation depth with the amount at risk, since finality is probabilistic. On Ethereum, wait for the finalized checkpoint. On rollups, wait for the batch to be final on L1.
#consensus#transactions
GeneralIntermediateBIP-39 encodes random entropy as 12-24 words and stretches them into a seed; BIP-32/44 derive every key from it. Store the words offline on durable media in several places, never digitally.
#cryptography#security#wallets
