!!! Overview
[{$pagename}] is part of the [Stellar Network] and a [Distributed Ledger Technology]

[{$pagename}] represents the state of the [Stellar Network] at a given point in time. [{$pagename}] contains the list of all the accounts and balances, all the orders in the distributed exchange, and any other data that persists.

The first ledger in the history of the network is called the genesis ledger.

Every [Stellar Consensus Protocol] (SCP) round, the network reaches [consensus] on which transaction set to apply to the last closed ledger; when the new set is applied, a new “last closed ledger” is defined.

Each ledger is [cryptographically|Cryptography] linked to a unique previous ledger, creating a historical ledger chain that goes back to the genesis ledger.

We define the sequence number of a ledger recursively:
* Genesis ledger has sequence number 1
* Ledger directly following a ledger with sequence number n has sequence number n+1!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]