Ledger History

The ledger history is the complete, immutable record of all transactions that have ever occurred on a blockchain, starting from the genesis block. It serves as the single source of truth for the ownership and movement of assets within the ecosystem.

In the event of a chain split, the ledger history becomes the point of divergence, with both resulting chains sharing the same past but diverging into different futures. This history is crucial for auditability and for verifying the provenance of digital assets.

For derivatives and financial applications, the ability to trace the history of an asset is fundamental to risk management and regulatory compliance. It provides the empirical data necessary for fundamental analysis and the evaluation of long-term network usage trends.