ledger
- noun
- /ˈlɛdʒər/
- Specialized
- As the network processes transactions, it constantly synchronizes the one ledger across the global network.
- a general ledger
- ledger systems
- computer-based ledger
It's unchangeable as most ledgers really should be, right?
- It's unchangeable as most ledgers really should be, right?
- And so it at its core what these are, are distributed digital ledgers.
- It's written and recorded on the blockchain and on that Ledger, it's confirmed by lots of people to say Tom owns this piece of this real estate and nobody else can take it.
- This is the Ledger for Bitcoin is public.
- There's some gold in Fort Knox, but that is a form of a Ledger transaction.
- But in this dynamic agile world of blockchain distributed ledgers, in commercial world, we want these.
- like investing in like private ledgers. And I don't know, like experimenting with Bitcoin or,
Examples
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A blockchain is a distributed ledger that facilitates the transmission of transactions to all nodes on a network.
Academic text (2018) -
And that transaction of being sold is going to forever be written into this digital Ledger that is the Ethereum network.
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This is the Ledger for Bitcoin is public.
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What Bitcoin creates is a Ledger that needs no bank.
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A distributed ledger is simply a database that spans across numerous sites or countries.
Academic text (2018) -
Bitcoin's ledger is the blockchain.
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The big difference between computer-based ledger systems and the classroom model is that computer-based systems have powerful reporting and inquiry capabilities.
Academic text (1992) -
But the bottom line is when you buy crypto art, you're buying a line in a tamper proof Ledger that points to a publicly hosted image file.
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The blockchain serves as a secure ledger that records every transaction transparently.
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Each cryptocurrency transaction is permanently noted in a digital ledger that anyone can verify.
Synonyms
A secure digital record of transactions kept in linked blocks that are hard to change
Compounds
- Specialized
A written record in a company's books that shows one financial transaction
- Specialized
A record that shows individual transactions for one main account, like customers' balances
How Distributed
Surface Forms
Etymology
Ledger comes from an old word like lie meaning 'to lie down', so it first meant a book that stays in one place as a record. That idea fits the modern digital ledger too, which is a shared record that stays across many computers so everyone can check it and it is hard to change.