Choose from the following list the best definition of a distributed ledger.
A) In a distributed ledger system, everyone has access to a central ledger.
B) In a distributed ledger system, everyone received an electronic copy of the ledger.
C) In a distributed ledger system, there are groups of users with access to hubs with copies of the same ledger.
D) In a distributed ledger system, there is no ledger.

Question

Quizplus · Accepted Answer

In a distributed ledger system, every participant (or node) maintains a copy of the ledger, ensuring transparency and security without the need for a central authority. This allows for real-time updates and verification across all copies.

Choose from the Following List the Best Definition of a Distributed