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What exactly makes it abstract? | 335 comments | Create New Account

Comments belong to whoever posts them. Please notify us of inappropriate comments.

What exactly makes it abstract?

Authored by: Anonymous on Wednesday, July 11 2012 @ 06:05 AM EDT

Despite the term, there is nothing special about shadow accounts, they are just
accounts maintained by the intermediary to reflect track the state of the
principal accounts between updates on the principal accounts - this is a basic
part of the concept and is not a feature of the "computer
implementation" as argued by the majority. In the past, the "shadow
accounts" were probably in the form of a ledger sheet of the principal's
balance with transactions posted by the intermediary as they were reported (e.g.
by a ticker...).
Nothing new here, move along...

[ Reply to This | Parent | # ]

What exactly makes it abstract? - Authored by: Anonymous on Thursday, July 12 2012 @ 09:56 AM EDT

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