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Decentralized Database

A decentralized database/ledger stores information across a network of distributed computers as opposed to on a single centralized server.

Decentralized databases require consensus amongst the majority of computers in the network in order to determine if the information stored on the database is accurately represented.

A decentralized database can also be thought of as a "shared database" because the ability to access, input new data and validate existing data is shared by multiple participants.

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