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Developer Double Entry Glossary
Dan Hassan edited this page Nov 26, 2017
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Transaction type | Source (Debit) | Destination (Credit) | Initiated by | Example |
---|---|---|---|---|
SystemDeposit | Coin | Equity Account ** | Admin ** | I give MMT 10 NEO for others to potentially use |
SystemAllocation | Equity Account ** | Member's balance | Admin | It is decided to give a member free coin |
SystemWithdrawl | Equity Account ** | Coin | Admin | It is decided to withdraw some NEO as MMT has plenty |
MemberDeposit | Coin | Member's balance | Member | I give MMT 10 GBP to put in my MMT account |
MemberAllocation | Member A's balance | Member B's balance | Member A | I want to give 10 NEO to you in MMT |
MemberExchange | Member's balance (Coin A) | Member's balance (Coin B) | Member | I move 10 NEO to 20 GAS in MMT |
MemberWithdrawl | Member's balance | Coin | Member | I move 10 GBP from my MMT account into my bank account |
* We are not recording the equity yet (it isn't coded), so admin's don't know how much they've put in or taken out and when we allocate funds it comes out of thin air at the moment. ** at the moment only admin can give MMT money to use, in future maybe others should be able to.