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How are transactions recorded on the //STORE network?
Once a transaction is verified by miners on the //STORE network, it is recorded separately in both the Account ledger and the Blockchain ledger.
Both of these ledgers are required in order to maintain a comprehensive historical record of the “state” of transactions across all participants in the network. Participants can then view this historical data by using what is commonly known as a “block explorer”
What is the Account ledger?
The record of transactions for a particular miner or wallet holder’s account.
What is the Blockchain ledger?
The record of transactions across all accounts providing a global view of transactions, along with the Account ledgers of the sender and receiver, the Blockchain ledger serves as a form of Triple Entry Accounting.
How do these components work together?
The following 6 components come together to form the transaction ledger;
    1.
    Signature of Sender
    2.
    Signature of STORE node which verified transaction
    3.
    Blockchain hash in which transaction was recorded
    4.
    Account Balance details after transaction has occurred
    5.
    Transaction To / From account details
    6.
    Transaction hash (the unique address for that transaction)
Last modified 6mo ago
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