What's The Difference Between DLT And Blockchain?
There is often some confusion in distinguishing the difference between the distributed ledger technologies (DLT) and blockchain. It’s easy to see why this happens as the two terms are so often conflated.
One of the most common mistakes is to think that they are the same. As a matter of fact, DLT is an umbrella term used to describe technologies which store, distribute and facilitate the exchange of value between users, either privately or publicly, and blockchain is only one of them. Since it was the first fully functional DLT, blockchain is more well-known than block directed acyclic graphs (blockDAG), and transaction-based directed acyclic graphs (TDAG). Therefore, in the same way, that the category “vehicle” covers the passenger car, the freight ship, and the space shuttle, the term DLT spans a broad set of technologies.
In summary, blockchain is one type of DLT (distributed ledger technology) while DLT as a term encompasses any data governed by consensus which is not centralised.
If you’d like to learn more about what DLT is and how it works, check out our learn pages.