BLOCKCHAIN DICTIONARY

Permissionless Ledgers

July 9, 2020
Definition

A permissionless ledger is a database (ledger) where anyone can view or execute transactions. Permissionless ledgers are decentralized and have no central owner. Since anyone can join an permissionless ledger, strong security measures are implemented to prevent malicious activity.

Did you know?

All public blockchains are permissionless ledgers.

SB-smashingblox-logo

BLOCKCHAIN ENABLE YOUR BUSINESS TODAY.

CONTACT US