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Developer Double Entry Glossary

Dan Hassan edited this page Nov 26, 2017 · 1 revision

Glossary:

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.

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