Distributed Consensus
Distributed consensus is when all the computers in a network agree on the same information or transaction to ensure everyone is on the same page.
More terms under D
- DipA dip is when the price of a cryptocurrency falls for a short time or longer, creating a buying opportunity for investors.
- Directed Acyclic Graph (DAG)A Directed Acyclic Graph (DAG) is a way of organizing data that flows in one direction without forming loops. In cryptocurrencies, it is used to help reach…
- DiscordDiscord is an online platform that allows people to chat and communicate, often used by gaming communities but also popular among groups in cryptocurrency for…
- Distributed Denial of Service (DDoS) AttackA Distributed Denial of Service (DDoS) Attack is when someone tries to make a website or online service stop working by overwhelming it with too much traffic.
- Distributed LedgerDistributed ledgers are records of information that are shared and maintained across many computers in a network. They don’t always involve cryptocurrencies…
- Distributed Ledger Technology (DLT)A system where a database is shared and updated by many people in different locations, forming the foundation for blockchains.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.