In contrast to a centralized database, a Distributed Ledger Technology does not require a central administrator, and consequently does not have a single (central) point-of-failure.

DLT consensus algorithm types include proof-of-work (PoW) and proof-of-stake (PoS) algorithms and DAG consensus-building and voting algorithms.

DLTs are generally either permissioned (private) or permissionless (public). PoW cryptocurrencies are generally either 'mined' or 'non-mined', where the latter typically indicates 'pre-mined' cryptocurrencies, such as XRP or IOTA. PoS cryptocurrencies do not use miners, instead usually relying on validation among owners of the cryptocurrency, such as Cardano or Solana.

These technologies have one need in common: an extreme need –and search, for an efficient User Interface and User Experience all combined in high speed and responsiveness.