9. Glossary
Backup: It means “backup copy”, so it corresponds to the creation and storage of copies of important physical or digital files, where it is possible to perform their restoration in case of loss of the original files.
Block validation: Made by different members of the blockchain network known as "miners".
Blockchain: Blockchain (also known as “the protocol of trust”) is a distributed ledger technology that aims at decentralization as a security measure.
Blockchain Lunes: It is an independent, decentralized structure (which means that, like the Internet, there is no “owner” of this structure), written and elaborated in the Scala programming language, which has the Proof-of-Stake consensus method.
Block: It is where the various records and transactions are stored, and the set of them form the Blockchain network.
Cashback: Process that returns money when something is paid.
Consensus network: Procedure by which all peers on the blockchain network reach a common agreement on the current state of the distributed database.
Cryptoasset or Cryptocurrency: Encrypted and decentralized digital currency that can be used for various purposes.
Cryptoeconomy: Cryptoeconomics brings together fields of Computer Science and Economics to study the financial market, security protocol, software applications and decentralized networks that can be built by combining cryptography with economic incentives.
CRZ: Abbreviation for Cruzeiro Fan Token.
(d)App Token: Blockchain application that works on an interconnected network and can reward users with tokens, provide new digital experiences or work collaboratively towards the functioning and sustainability of your decentralized system. They work with standalone smart contracts.
ESG: Environmental, Social and Corporate Governance is an assessment of a company's collective awareness of social and environmental factors.
Fan Token: It is a type of utility token that creates exclusive functions between the club and the fans.
Faucet: Small remuneration for the user that does simple tasks.
Holder: A person who insures their assets for the long term, awaiting appreciation.
LGPD: It is the acronym General Data Protection Law of Brazil. The main purpose of the LGPD is to give people greater control over their own information. The law establishes rules for companies and organizations on the collection, use, storage and sharing of personal data, imposing fines and sanctions in case of non-compliance.
LPoS, Leasing or Stake: It is a simple process of reserve funds, in which the user leaves their coins in holding (saved) through a cryptocurrency wallet to support the security and operations of a blockchain network. This can generate rewards according to the amount of transactions on the network.
Lunes: Biggest blockchain company and cryptocurrency of Latin America and Africa.
Lunes Node: It's what keeps Blockchain Lunes online. It is a decentralized network of people who provide computer equipment to store and process data on the Blockchain network.
Lunes Wallet and LunesPay: These are the virtual management and transaction accounts of Cryptoassets owned by the User.
NFT: A non-fungible token (NFT) is a special type of cryptographic token that represents something unique.
Open-source: Open source software where the license provides the right to study, modify and distribute the software for free to anyone and for any purpose.
Roadmap: Descriptive and visual map, with project evolution dates.
Security token: It offers dividends but is very bureaucratic in its formatting and validation.
Seed or Seedword: Seed is the set of 12 (twelve) random lowercase words that are generated after the User's registration, in order to serve as a security measure to access or recover the Cryptoassets that the User holds.
Smart Contract: Self-executing digital contracts that use technology to ensure that agreements entered into will be fulfilled.
Token: It is a digital asset used within the ecosystem of a project, which can represent anything, whether physical (tangible) or not (intangible) running on the blockchain of a currency.
Tokenization: Digital representation, through a Smart Contract, of a real good or service.
Trader: The trader's goal is to make short-term financial gains. For this, he can adopt different ways of operating in the market.
Utility Token: It is the utility token, its main characteristic is the absence of the promise of appreciation or maintenance of its value in markets. The eventual appreciation will occur with the growth of the ecosystem, that is, the offer of promotions, votes, exclusive content for the teams, etc. In this way, the use potential and consequent perception of the token's value increases.
Whitepaper: It is a document that presents a problem and the solution that the project can give to this problem. It aims to clear up doubts and present the reason for the existence of an asset and its value for those interested in buying.
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