Address: A unique address associated with a wallet to send a receive a transaction to and from
Asset: Digital value representation on a blockchain, which includes cryptocurrencies, tokens, and non-fungible items.
API: An API is like a messenger that helps different software systems communicate and share information with each other. It's a set of rules that allows applications to talk to each other and exchange data.
APR (Annual Percentage Rate): a measure of the yearly interest or cost associated with borrowing money or using credit.
APY (Annual Percentage Yield): a measure of the yearly interest earned or gained on an investment or savings account.
Automated Market Maker: An automated market maker (AMM) is a smart contract that holds liquidity reserves. Users can trade against these reserves at prices determined by a fixed formula. Anyone may contribute liquidity to these smart contracts, earning trading fees in return.
Censorship Resistance: The ability of a blockchain to resist attempts at censorship.
CEX (Centralized Exchange): a cryptocurrency exchange platform where transactions are facilitated by a centralized authority or organization, typically holding custody of users' funds.
Clone the Repository: The process of creating a local copy of the documentation repository from the GitHub repository.
Codebase: The collective source code of a software project. Developers can contribute to Ergo's codebase by making improvements or adding new features.
Coins: Standalone cryptocurrencies with their own blockchains
Coin Mixer (Mixer): A service that combines and mixes cryptocurrency transactions to enhance privacy and make tracing transactions difficult.
Cold Wallet: A cryptocurrency wallet that is not connected to the internet, providing enhanced security.
Collective Growth: The idea that the Ergo community, through collaborative efforts and contributions, can collectively advance the platform's development and success.
Community-curated Wiki: A comprehensive resource hub available in multiple languages where community members contribute information and resources to make Ergo more accessible globally.
Community Marketing: The practice of promoting and raising awareness of Ergo within the community, often through collaborative efforts, discussions, and content creation.
Core Developer: A developer responsible for the fundamental components and protocols of the Ergo blockchain.
Counter to Centralization: Ergo's stance against the centralization of banking and the misuse of money, aiming to provide individuals with more control over their financial interactions.
Created for Regular People: An ideology stating that Ergo is designed to serve ordinary individuals and protect their interests rather than favoring large entities. This includes preventing centralization in mining and enabling regular people to participate in the network through running full nodes and mining with a small probability.
DAO (Decentralized Autonomous Organization): An organization represented by rules encoded as a computer program that is transparent, controlled by the organization members, and not influenced by a central government.
DarkFund0: A fund dedicated to supporting privacy applications within the Ergo ecosystem.
Decentralization: The distribution of control and decision-making across a network of participants rather than being controlled by a central authority. A core principle of Ergo's design.
Decentralized Governance: Ergo's approach to making decisions about changes to the blockchain, ensuring community-driven leadership.
DeFi (Decentralized Finance): A movement that aims to create an open and permissionless financial system using blockchain technology.
Development Environment: The setup on your local system that allows you to build and test documentation changes before contributing.
Development Reward Program: A program that recognizes and rewards significant contributions made to the development and improvement of Ergo's repositories, including its codebase and technical infrastructure.
Development Server: A local server that allows you to view and interact with the documentation changes you are making.
DEX (Decentralized Exchange): a cryptocurrency exchange that operates on a decentralized platform, allowing users to trade directly with each other without the need for an intermediary.
Ergo Forum: A platform for discussions and communication within the Ergo community.
Ergo Foundation ('EF'): A non-profit, community-driven entity focused on promoting the development and adoption of Ergo.
ErgoScript: The scripting language used in Ergo's smart contracts.
Ergo's Social Contract: The set of main principles that should be followed in the Ergo protocol, defining its core values and guiding philosophy.
Ergo Summit: An event or conference focused on Ergo blockchain-related topics.
ERGs: The native token of the Ergo blockchain, used as a unit of value and for various purposes within the Ergo ecosystem.
Enthusiast: An individual who has a strong interest in Ergo and its technology but may not necessarily be a developer or marketer.
Extended UTXO (eUTXO) Model: A model used by Ergo, based on the original UTXO model of Bitcoin but with enhanced capabilities that enable more expressive smart contracts. The eUTXO model allows for advanced scripting and smart contract functionalities while retaining the advantages of the UTXO model.
KYA (Know Your Assumptions): It emphasizes the importance of understanding the underlying assumptions and principles in various contexts, such as cryptocurrencies, decentralized finance (DeFi), and decision-making processes, to make informed choices and decisions
KYC (Know Your Customer): a process used by businesses and financial institutions to verify the identities of their customers.
Payment Request: A formal request submitted by a developer who has completed a task or project, requesting payment for their work.
Permissionless: Refers to the philosophy that the Ergo protocol should be open and inclusive, allowing anyone to join the network and participate in the protocol without requiring preliminary actions
Phishing Scam: A fraudulent attempt to obtain sensitive information like usernames, passwords, and financial details by posing as a trustworthy entity.
Privacy: refers to the right to keep personal information and activities confidential and secure from unauthorized access or disclosure. In blockchain, privacy technologies protect user data and transaction details.
Privacy Tools: Features and technologies, like Sigma protocols and ErgoMixer, used to enhance user privacy.
Proof-of-stake (PoS): A consensus mechanism in which validators are chosen to create new blocks and secure a blockchain network based on the number of tokens they hold and "stake.”
Proof of Work (PoW): A consensus algorithm used by Ergo and many other blockchains, where miners compete to solve complex mathematical puzzles to validate transactions and create new blocks.
Proprietary IP: Intellectual property that is owned by a specific entity and not freely available to the public.
Scalability: Another advantage of the UTXO model is its inherent support for parallel transaction processing, simplifying network scalability. It is also more compatible with stateless client solutions.
Scripting Language: A programming language used to specify the rules for spending cryptocurrency. ErgoScript is designed to support various features like ring signatures, atomic swaps, and more.
Security Audit: A comprehensive assessment conducted to evaluate the security of certain components or aspects of Ergo. The goal is to identify vulnerabilities, weaknesses, and potential risks in the system.
Seed Phrase: A set of words used to back up and restore a cryptocurrency wallet; it is crucial for wallet recovery.
Sharding: A scaling technique that divides the blockchain into smaller, parallel chains to increase throughput while maintaining security.
Shared Figma Graphic Space: A collaborative platform where community members can work together on visual content and design projects related to Ergo.
Sidechain: A separate blockchain connected to the main blockchain, allowing for different features and scalability.
Sigma Protocols: A set of cryptographic protocols forming the backbone of Ergo's smart contracts. They enable efficient zero-knowledge proofs, enhancing privacy and trustlessness.
SigCAN (Sigmanaut Candidate): An individual who has applied to the Sigmanauts Program and is in the initial stage of becoming a Sigmanaut, where they can showcase their skills and contributions.
Sigma-Protocols: Efficient zero-knowledge proofs used in Ergo for advanced privacy options.
Sigmanaut Programme: A program aimed at transitioning responsibilities from the Ergo Foundation to the Ergo community.
Sigmanauts: Members of the Ergo community who actively participate and contribute to the platform's growth and development.
Smart Contracts: Self-executing contracts with the terms of the agreement directly written into code. Ergo's eUTXO model allows for the creation and execution of smart contracts, enabling complex operations securely and efficiently.
Soft-Fork: An upgrade that requires some nodes to update but is backward compatible.
Staking: The act of holding and locking up cryptocurrency tokens in a wallet to support network operations and earn rewards.
State Bloat Management: Strategies to address the growth of blockchain state size (state bloat), which can impact scalability, including persistent updatable storage and a Storage Rent Fee to reduce network pollution.
Storage Rent: A mechanism that requires users to pay for the storage their data occupies on the Ergo network, providing miners with a consistent income stream.
Submit a Pull Request: The process of proposing and sharing your documentation changes with the maintainers by creating a pull request on GitHub.
UI Fee: Fees that the UI provider is rewarded with.
UTXO (Unspent Transaction Output) Model: A foundational concept in blockchain technology where transactions create outputs, which can later be used as inputs in new transactions. UTXOs represent ownership of cryptocurrency and are spent entirely in each transaction.
Zero-Knowledge Proofs: Cryptographic methods that allow one party to prove the truth of a statement to another party without revealing any additional information. Ergo uses zero-knowledge proofs for privacy and security.
ZK-rollup: A layer 2 scaling solution that aggregates multiple transactions into a single proof, enabling faster and more scalable blockchain transactions while maintaining security and decentralization.