A ledger is a single source of truth that tracks all accounts and their according activity. It can be thought of a multi-entry accounting system where participants can go in order to verify & validate the according to information. Ideally, each industry/environment has its own ledger. 

     In the context of cryptocurrency and blockchain, a ledger is a digital bulletin board that is updated and maintained by the network consensus participants (miner/consensus nodes).

Ledgers are the technology that are capable of removing pesky 3rd party middlemen by acting as a neutral source of truth.

      Related Terms:



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