Central Ledger
By bijok_adam | Updated on Aug 12, 2021
The central or general ledger functions as a data register that holds track of the activities of the assets and liabilities of a corporation, sales, expenditures, shares of owners etc. This ledger would be the main database of conventional Enterprise Resource Management applications, containing data received from systems such as accounts payable, cash management, accounts receivable, programs and fixed assets.
Related Terms
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
Satoshi Nakamoto
The pseudoym used in publishing the Bitcoin Whitepaper. Identity is unknown.
Mempool
It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain
Oracles
In the context of crypto, oracles refers to services which verify real-world and provide data to blockchains/smart contracts.
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