DeFi & Crypto Technical

Blockchain

A specific DLT structure organising transactions in cryptographically-linked blocks — the most common DLT type.

Definition

A blockchain is a specific type of DLT organising transactions in cryptographically-linked blocks, with each block referencing the prior block. Public blockchains (Bitcoin, Ethereum) are permissionless; private blockchains (Hyperledger Fabric) are permissioned. MiCA is technology-neutral but most crypto-assets use blockchain DLT.