Definition
A distributed ledger is a database replicated and synchronized across multiple participants, used to create tamper-evident, independently verifiable records of transactions or ownership history without relying on a single central authority.
In Panel Profits
'Digital Ledger Provenance' in Panel Profits is an in-platform simulated record tracking a certified comic asset's simulated ownership history, grading events, and custody transfers within the platform's own internal ledger, modeling how a tamper-evident ownership record could function for a physical collectible. It reflects the platform's internal transaction history, not an externally verifiable blockchain record of a real physical asset's ownership.
Comic-market example
A comic's in-platform ownership transfers are logged sequentially in the platform's internal ledger, giving each simulated holder a modeled, ordered provenance trail.
Common mistakes
Do not represent this internal platform record as an externally auditable, on-chain record of a real physical comic's actual ownership history.