Glossary page

[kristykjlee]

https://docs.google.com/document/d/1lX_Lova1_80KVyNZLW0vxrnW_9xNIit1kaPdA2KAzpQ/edit?ts=6078ce56

[heshamwatany]

Glossary
https://www.figma.com/file/wdPE3DgCM7OctG1ejNQJjr/Glossary?node-id=139%3A1572

[led76marx]

@hydra91 updated that gdoc above. I also copy it here:

Account
Anonymous digital identity on the network through which a user can send and receive coins

Account Balance
The amount of coins owned by an account

Account Lock
Unique value used to ensure that the same request is not processed more than once

Account Number
Account Number Identifier of an account

Account State
Attributes of the account that can change over time, such as the account balance

Block
A description of a change to one or more objects in the network

Blockchain
List of blocks ordered chronologically

Budget
Budget Shared account managed by the government that requires a multisig to access

Coin Locking
The locking of coins in exchange for points and the ability to boost a node

Coin Transfer
Transfer of coins between accounts

Confirmation
A block signed by a validator as indication that the block has been added to their blockchain

Confirmation Validator (CV)
Validator that will receive blocks from the PV, validate those results, and if valid add that block to their blockchain

Fees
Payments to nodes in exchange for processing the request

Government
Group of individuals elected by registered users to govern

Governor Application
A process that enables a user to become eligible for governor

Governor Voting
A process through which a registered user endorses an individual who runs for governor

Locked Coins
Coins that are frozen for a set amount of time to prevent them from being withdrawn

Network Day
One network day is the time unit used in the network, equal to 1,000 blocks (average number of confirmation blocks per day). The network does not use human time as a reliable form of time measurement, so time is measured in confirmation blocks.

Node
Network server that has several responsibilities, such as checking that requests conform to network protocol and routing blocks

Node Boosting
Voting for a node to be included in the validator schedule

Node Registration
Node’s enrollment onto the network

Primary Validator (PV)
Validator that accepts requests from other nodes; after successful validation of each request, it creates a new block which is first added to it's own blockchain and then forwarded to the confirmation validators

Points
An amount of refillable units that are awarded in exchange for locking coins

Registered Users
Registered Users Individual users of the network that have a username

Treasury Board
Highest voted members of government who mint new coins

Username
A globally unique network identifier linked to an account number

Username Registration
The purchase of a username by an account

Vote
Registered users choice for governor

Vote Purchase
The purchase of one or more votes by a user