Blockchain Protocol Guidance
Blockchain Protocol Guidance
Blockchain in its usual meaning is just one of many types of a distributed ledger technology (DLT). However, this field is far bigger and your future blockchain project have a lot of possible opportunities when it comes to DLT Blockchain protocols.
DLT Blockchain technology is based on the distributed ledger that operates on a principle of using nodes. This circle of independent computers record, process, synchronize and share all digital transactions in their own electronic ledgers. Such approach allows excluding a centralized data storage as it is in a traditional ledger. DLT Blockchain protocol distributes the information into encrypted blocks. Those blocks organize together an append-only chain.
Top 5 DLT Blockchain Technology Protocols
Valsen Fiduciaries suggests the following DLT blockchain platforms as the ones that we personally applied in our projects. Aside from the most famous Bitcoin and Ripple DLT blockchain protocols, you should consider such services:
- Ethereum
- Hyperledger
- Open-chain
- BigChainDB
- Corda DLT Blockchain