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/biz/ - Business & Finance


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16008320 No.16008320 [Reply] [Original]

BTC : everyone has a copy of the same ledger. You know every transaction that ever existed
HOT : You only retain your own ledger. If you want to make a transaction. You verify that the person you transac with has the enough, by verifying its ledger. If it has enough, both ledger are updated.

I know I am missing a lot, but this small example makes DLTs sound ridiculous no?