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
Mempool
It is the abbreviation of Memory Pool. Set of unconfirmed transactions in a blockchain
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Circulating Supply
An approximation of the number of coins or tokens that are currently not locked and available for public transactions.
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