I have to admit that I am not the most technical person in the world. I don’t know any programming languages and the maximum extent of my computing prowess ended with building my own computer.

However, as I learn and study more about crypto, one of the issues that always crops up is the people referring to WRONG definitions, and therefore their argument is literally wrong, though usually the idea that they are trying to convey is clear if you are willing to give a lot of leeway in the meaning of the specific words.

So anyway, let’s get down to business.

Ledger = Database = Record / Table of information

“Ledger technology” is not freaking modern crypto magic. Cavemen wrote ledgers to record how many sheep their neighbours owed them. Ledgers are nothing new. Everyone knows how to make and read a ledger, and everyone has multiple ledgers of …