Distributed across all participants in the global network of cryptocurrencies, a Replicated Ledger pertains to a copy of the distributed ledger. Such is beneficial to all participants in the cryptocurrency network and helps the cause of protecting transaction data. This is the case as sharing a single copy to a lot of people is risky and therefore not recommendable. However, sharing a Replicated Ledger does not bear the same risk.
Despite being just a copy, the participants are assured that the information held within this type of ledger is genuine, allowing all participants to make the right transactions within the most apt time.