distributed ledger</strong></a> that is shared with all members of a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrency network is referred to as a replicated ledger. Replicated ledgers are categorized into two types of copies &ndash; slave and master. Slave ledgers are simple replications of the master copy, while master ledgers include authoritative copies of blockchain information.</p>\n<p>The replicated ledger's purpose is to reduce the risks associated with sharing only a single copy of the blockchain ledger with all users of the network. Besides, since the original blockchain is duplicated multiple times, replicated ledgers do not have a single point of failure. The<strong> information</strong> recorded in the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-block/">blocks of the original ledger is reproduced in the data in replicated ledgers. 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":649,"original_id":null,"author_id":42,"translator_id":null,"title":"What are Revenue Participation Tokens?","slug":"what-are-revenue-participation-tokens","section":"R","keyword":"Revenue Participation Tokens","status":"published","definition":"tokens used in a two-token revenue participation system.","content":"<p><strong>The revenue participation model</strong> is a two-token system that uses one payout token and one participation token and it is based on <a href=https://www.bitdegree.org/"https://en.wikipedia.org/wiki/Usufruct/" target=\"_blank\" rel=\"nofollow noindex noopener\"><strong>the legal usufruct right</strong></a>.</p>\n<p>Companies with consistent earnings can <strong>tokenize percentages of future profits</strong>. They can sell these tokens to investors, who can either keep the token and eventually redeem it for that percentage of revenue, or sell it too. The <strong>revenue</strong> participation token functions similarly to a gift card or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-iou/">IOU, granting the owner access to a specific amount of money at a specific company.</p>\n<p>When that <strong>revenue percentage is due to be paid out</strong>, it is distributed in the form of a payout token that can be redeemed for <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-fiat/">fiat or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-cryptocurrency/">cryptocurrency, or sold on an <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-exchange/">exchange again. This provides substantially <strong>more flexibility for both companies and investors</strong> than a standard equity/dividends arrangement.</p>\n<p>You can be quite certain of a predictable return on your investment if you purchase a revenue participation token from a solid and reliable industry. While it may not be a dividend gold mine, it is a <strong>non-speculative and stable investment</strong> that can operate as a buffer against <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-inflation/">inflation or negative interest rates.</p>\n<p>The revenue participation method is a great alternative to directly tokenizing revenue. Tokenizing the ownership of an asset's revenue lacks a legal framework that is necessary in most jurisdictions. Besides, <strong>owning a fraction of an asset</strong> imposes limitations on the token holder's rights and obligations. The revenue participation method helps to solve these issues.</p>","level":"easy","meta_title":"What are Revenue Participation Tokens? 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The movements of the price are considered to be <strong>oscillations</strong>. RSI oscillations can be rated between 0-100.</p>\n<p>The RSI is calculated using the price change of an asset over 14 periods on a daily (or an hourly) chart. The average gain and loss of an asset <strong>over a period are split and plotted on the 0 to 100 scale</strong> to determine the RSI.</p>\n<p>RSI can be used to determine if an asset is <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-oversold/">oversold or <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-does-overbought-mean/">overbought. When the indicator reflects figures higher than 70 &ndash; an asset is overbought and when it reflects <strong>figures lower than 30</strong> &ndash; it&rsquo;s oversold.</p>\n<p>Traders use RSI to identify asset price trends, divergences, and potential changes. Talking about the <strong>potential trend reversals</strong>, RSI helps to identify support and resistance levels that determine whether a market is exhibiting a bullish or bearish divergence.</p>\n<p>When the RSI rises while the price of an asset continues to fall &ndash; it is a <strong>bullish divergence</strong>. This indicates that, despite the asset's declining value, more people are purchasing it. A bearish divergence occurs when the price of an asset rises while the <strong>RSI falls</strong>. This indicates that the asset's price growth is starting to lose pace.</p>","level":"easy","meta_title":"What is Relative Strength Index (RSI)? Definition & Meaning | Crypto Wiki","meta_description":"Relative Strength Index (RSI) meaning: Relative Strength Index (RSI) - a technical indicator that measures the price of the asset and how fast it changes.","meta_keywords":null,"language":"en","created_at":"2022-03-28T08:47:10.000000Z","updated_at":"2022-05-13T14:32:23.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-relative-strength-index-rsi"},"currentChapter":"R","currentSection":"what-is-replicated-ledger","chapterTitle":"R","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-replicated-ledger","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter R

What is Replicated Ledger?

Replicated Ledger MEANING:
Replicated Ledger - a duplicate of a distributed ledger in a cryptocurrency network.
Easy
1 minute

Let's find out Replicated Ledger meaning, definition in crypto, what is Replicated Ledger, and all other detailed facts.

A duplicate of a distributed ledger that is shared with all members of a cryptocurrency network is referred to as a replicated ledger. Replicated ledgers are categorized into two types of copies – slave and master. Slave ledgers are simple replications of the master copy, while master ledgers include authoritative copies of blockchain information.

The replicated ledger's purpose is to reduce the risks associated with sharing only a single copy of the blockchain ledger with all users of the network. Besides, since the original blockchain is duplicated multiple times, replicated ledgers do not have a single point of failure. The information recorded in the blocks of the original ledger is reproduced in the data in replicated ledgers. It's impossible to update the data included within them.

No single authority can gain control of the network through the ledger in such a system because all participants have an authentic copy of it, including any further updates they make. When a user adds new transactions to their personal ledgers, the updates are distributed throughout the network and made available to everyone.

Besides, note that a consensus protocol is included in the system and its goal is to make sure that each copy of the blockchain is identical to the others. Changed copies of ledgers that have already been copied are refused.
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