Talk:Distributed ledger

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This article was the subject of a Wiki Education Foundation-supported course assignment, between 7 September 2021 and 23 December 2021. Further details are available on the course page. Peer reviewers: Jmcn24, Yang7707.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 20:10, 17 January 2022 (UTC)[reply]

The article is a stub and needs major reconstruction and sourcing. Earl King (talk) 07:14, 9 September 2016 (UTC)[reply]

Reference 3 is not working any longer Ahi-nama,10:09 15 February 2018 (UTC+1)

It downloads a document rather than opening it in the browser. The document itself is a mind-bendingly-awful collection of academic bumf doing little/nothing to explain/define DLT.

Netscr1be (talk) 19:37, 8 September 2020 (UTC)[reply]

Blockchain definition section removed wholesale because it had little, if anything, to do with the Etymology of Distributed Ledger. — Preceding unsigned comment added by Trustdays (talk • contribs) 10:24, 17 October 2018 (UTC)[reply]

The first paragraph is surprisingly bad and off the mark. I'm already regretting opening this particular can of worms.

Relative geographical location of the copies is irrelevant.

What is important is there are multiple, synchronized copies distributed across discrete, independent nodes.

"DLT is a consensus"

No it's not. It's technology to do distributed (and, frequently, decentralized) CRUD operations (Create, Read, Update and Delete).

I realize not all DLT deletes data but it is technically capable of deleting even if not implemented

Am going to wait for feedback before doing any actual edits

Netscr1be (talk) 19:37, 8 September 2020 (UTC)[reply]

Badly needs a section that explains what a distributed ledger is and how it works. - Dough34 (talk) 20:30, 27 July 2018 (UTC)[reply]

The current definition is too limiting. The definition can be broader and other other parts can be moved to a "usually" addition or explainer text. Here's one way to word it:

> A distributed ledger is a record-keeping system where multiple notaries record entries. Typically these systems are fully synchronized/replicated and geographically dispersed. A distributed ledger is a distributed systems and therefore can provide redundancy and fault tolerance. The main difference from centralized ledger systems is that records can be recorded if any of the notaries agrees, and this diversity of notaries means records cannot be censored by the decisions of just one party.

That is the correct definition which distills the essence of distributed ledgers and the primary benefit they provide. All other features and benefits derive from these first principles. Adding the notes here so we can find good supporting materials.

Full Decent (talk) 17:08, 15 January 2022 (UTC)[reply]

The figure and table are based on a non-peer-reviewed paper, and the paper author himself put this content here himself. --Tobias (Talk) 06:07, 13 May 2022 (UTC)[reply]

Bias problems previously and correctly observed in "Types" section have been eliminated by another Wikipedia editor, who also added proper (non-biased) citations. Recommend that this "Neutrality and original research tag" should be removed. PM496 (talk) 01:59, 9 August 2022 (UTC)[reply]

I concur that the bias and citation problems flagged have been since resolved, so I will remove the tag after I make some readability and citation improvements. MME (talk) 05:28, 9 August 2022 (UTC)[reply]

hadn't seen this discussion, but the page seems dated and too reliant on MIOTA (IOTA Tangle DLT) and HBAR. I've added mention of PoS and clarified comparisons in research paper, which were made against only Bitcoin. To take it further needs a bit of diggingGreyStar456 (talk) 14:56, 24 August 2022 (UTC)[reply]

If anyone wants to expand this, these two sources should be useful:

https://link.springer.com/chapter/10.1007/978-3-030-34957-8_9

https://link.springer.com/chapter/10.1007/978-3-030-30367-9_8 DFlhb (talk) 16:00, 13 September 2022 (UTC)[reply]

This edit request by an editor with a conflict of interest has now been answered.

I think it would be relevant to add in the “Applications” section the following from a reliable source (scholarly papers). What do you think? I have a COI with de Rassenfosse. (See my userpage)

Requested edit:

In the future, DLTs could offer a way to decentralise patent systems. A DLT-based patent system has the potential to remove current bottlenecks in patent processes by making these processes more efficient, rapid, and convenient for applicants without compromising on the quality of granted patents. ^[1]

Reasoning for inclusion: The suggested addition is relevant specifically to the "Applications" section, as it highlights another potential future application of Distributed Ledger Technologies (DLTs). The addition discusses how DLTs could be utilized to decentralize patent systems. This aligns with the overarching theme of exploring innovative applications of DLTs and their impact on various industries, showcasing the technology's potential beyond its current uses. The citation provided adds credibility by referencing a scholarly article that delves into the concept of decentralizing patent systems. Including this information enriches the page by presenting a forward-looking perspective on DLTs. Another recent paper discussing the potential application of DLTs for intellectual property and which might be interesting to reference as well is: ^[2] AM13prime (talk) 13:16, 12 August 2023 (UTC)[reply]

 Not done: Per WP:CRYSTALBALL, the proposed text concerns a "potential future application of Distributed Ledger Technologies (DLTs)" and as such, is beyond the scope of the article, which ideally should concern itself with the here and now, rather than the future. Regards,  Spintendo  18:48, 12 August 2023 (UTC)[reply]