Distributed ledger technology (DLT)
A technology that enables the operation and use of distributed ledgers.
See also the following definitions:
-
Distributed ledgers, which means an information repository that keeps records of transactions and that is shared across, and synchronised between, a set of DLT network nodes using a consensus mechanism.
-
DLT network node, which means a device or process that is part of a network and that holds a complete or partial replica of records of all transactions on a distributed ledger.
-
Consensus mechanism, which means the rules and procedures by which an agreement is reached, among DLT network nodes, that a transaction is validated.
As defined in the MiCA Regulation.
UpdatedApr 21, 2023