Ledger
A ledger in the context of blockchain refers to a digital record or database that contains a chronological and tamper-evident history of all transactions or data stored on a blockchain network. It serves as a decentralized and transparent accounting system, maintaining an accurate and immutable record of asset ownership, transfers, and other relevant information. Ledgers ensure the integrity and trustworthiness of the blockchain by facilitating consensus and providing a shared source of truth among network participants.
PREVIOUS WORD
Liquidity
NEXT WORD
Lightning Network