The ledger

Video

Overview

In Corda, there is no single central store of data. Instead, each node maintains a separate database of known facts. As a result, each peer only sees a subset of facts on the ledger, and no peer is aware of the ledger in its entirety.

For example, imagine a network with five nodes, where each coloured circle represents a shared fact:

ledger venn We can see that although Carl, Demi and Ed are aware of shared fact 3, Alice and Bob are not.

Equally importantly, Corda guarantees that whenever one of these facts is shared by multiple nodes on the network, it evolves in lockstep in the database of every node that is aware of it:

ledger table For example, Alice and Bob will both see the exact same version of shared facts 1 and 7.