What is immutable ledger in blockchain, and what are its benefits
Blockchain technology lies at the heart of crypto. At the heart of the blockchain is its immutable nature, which makes it ideal for financial innovations such as digital currencies. The improved security of blockchain technology is due to its decentralized and immutable nature. Therefore, it makes sense to understand what is immutable ledger and its benefits. Let’s dig in.
Immutable ledger in blockchain
So, what is the immutable property of the blockchain ledger? Essentially, one of the salient features of blockchain is the security of data. Data, once entered, cannot be changed normally, increasing the security of the blockchain.
