All Blockchains are DLTs, but
all DLTs are not Blockchains
Many of us use the terms "Blockchain" and "Distributed Ledger Technology" (DLTs) interchangeably. But there are a few very important differences.
What is a blockchain?
A blockchain:
is a linear, chronological structure
consists of blocks of data (transactions) that are chained together.
Blockchain is suited for 1 use case only - smart asset lifecycle management.
Blockchain increases transparency and reduces the need for intermediaries in financial use cases.
What is DLT?
While Blockchains have a linear chronological structure, DLTs can have different structures, such as:
Graph e.g. IOTA
Mesh e.g. Holochain
Tree e.g. Corda
DLTs are suited for multiple use cases such as:
Supply Chain Management
Identity and Verification
Healthcare
Government and Public services
Conclusion
A blockchain is a type of DLT. Pick the right technology for your use cases.
Excellent point. I’m actually bullish on DAG related chains moving into regulation phase (2023/4) Blockchain is here to stay but as far as opportunities to invest in projects that have potential for long term viability with minimal risk, outside of BTC and a couple Layer1s (and even those are risky). I’m looking at ISO2022 complaint projects. We will see lower lows but once SWIFT makes change and we have next run around halving some of those projects should do very well.