For a newbie or novice any technical term may not be very much of a concern. For as long as they new how to use and to trade coins that is all that matters. Things like these may not sound so familiar and that is because they don't seem to really like messing with it. The understanding of the useful processes involving coins is of utmost concern. Now maybe we could put a meaning that is not so technical, very simple and easy to understand. Something which a third grader may be able to understand. As an example I may define it as "a list or records of all digital coins available for use that can be accessed by anybody who wants to check on it for them to know if it really did exist. While to confirm, checking is not done by a single person but by almost everybody who wants to know about it or check about the status of the coins". Maybe you can help us out here.
Thanks for your input
