Distributed ledger technology, or DLT, refers to a database that is shared, replicated, and synchronised across multiple participants rather than being held in one central location. SplitChain is Zucoins' own implementation of this concept.
Understanding DLT in general helps explain how SplitChain differs from a traditional blockchain.
SplitChain as a DLT
Zucoins is a cryptocurrency that is the native token on the SplitChain network. SplitChain is not a blockchain in the traditional sense; it is distributed ledger technology, but whereas traditional blockchains are incremental blocks added to an ever-increasing chain, SplitChain fragments the ledger across multiple peers on the network in order to maintain high throughput, security, and distributed decentralisation.
