Difference between revisions of "Glossary"

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==A==
+
See updated Glossary: [https://internetcomputer.org/docs/current/references/glossary/ ICP Glossary]
 
 
===== account =====
 
A ledger '''account''' is a set of entries in the [[#ledger canister| ledger canister]], which is a smart contract that mimics the guise and behavior of a regular banking account, whose unit of measure is [[#ICP| ICP]] (Internet Computer Protocol) utility tokens. Ledger accounts are owned by [[#principals| principals]], and their ownerships do not change over time. Every account on the ledger has a positive [[#balance| balance]] measured in ICP with a precision of eight decimals.
 
 
 
===== address =====
 
In the context of [[#transaction|transactions]] on the ledger, '''address''' is synonymous with [[#account| account]].
 
 
 
===== actor =====
 
An '''actor''' is a primitive in the [https://en.wikipedia.org/wiki/Actor_model Actor Model]. It is a process with encapsulated state that communicates with other concurrently running actors through asynchronous messages that are received sequentially. The Actor Model is relevant to the [[#Internet Computer (IC)|IC]] because [[#canister|canisters]] on the IC (a type of smart contract) follow the Actor Model for concurrent and asynchronous computation.
 
 
 
===== API canister call =====
 
API to interact with canisters hosted on the Internet Computer as defined in the [https://internetcomputer.org/docs/current/references/ic-interface-spec/#http-interface Interface Specification].
 
 
 
==B==
 
 
 
===== balance =====
 
The '''balance''' of an [[#account| account]] on the ledger is the sum of all deposits minus the sum of all withdrawals. As a degenerate case, it is sometimes useful to say that an account which is not present in the ledger has a balance of zero.
 
 
 
The balance of a ledger account is denominated in ICP and is represented with eight decimals. Thus, the minimum positive balance of an account is 0.00000001 or 10^-8 [[#ICP| ICP]]; this amount is sometimes referred to as one '''e8'''.
 
 
 
===== batch =====
 
A '''batch''' is a collection of [[#messages| messages]] whose order is agreed upon by [[#consensus| consensus]].
 
 
 
===== beneficiary =====
 
The '''beneficiary''' of an [[#account| account]] is the [[#principal| principal]] who owns the [[#balance| balance]] of the account. The beneficiary of an account cannot be changed. The beneficiary of an account may or may not be allowed to make [[#transaction|transactions]] on the account (see [[#fiduciary| fiduciary]]).
 
 
 
===== blockchain =====
 
A '''blockchain''' is a growing list of cryptographically linked blocks, agreed upon by [[#consensus| consensus]]. On the [[#Internet computer| Internet Computer]] every [[#subnet| subnet]] is a blockchain and these blockchains interact using [[#chain key| chain key cryptography]].
 
 
 
===== boundary node =====
 
 
 
All accesses to the Internet Computer go through one of the globally-distributed '''boundary nodes'''. They route incoming [[#API canister call| API canister calls]] to the right subnet and replica, serve the [[#service worker|service worker]] and translate HTTP requests to API calls ([[#icx-proxy|<code>icx-proxy</code>]]).
 
 
 
===== burning transaction =====
 
A '''burning transaction''' is the process of "burning" [[#ICP| ICP]], whereby a certain amount of ICP are destroyed. The main use case is that of purchasing [[#cycles| cycles]], through which ICP are destroyed while at the same time a corresponding amount of cycles is created, using the current exchange rate between ICP and ([[#SDR| SDR]]), in such a way that one SDR corresponds to one trillion (10E12) cycles. It is represented as a [[#transaction| transaction]] from the source [[#account| account]] to the [[#ICP supply account| ICP supply account]].
 
 
 
==C==
 
 
 
===== Candid =====
 
'''Candid''' is an IDL crafted specifically for the Internet Computer, providing a common language for application interfaces to facilitate communication between services that are written in different programming languages
 
 
 
===== canister =====
 
A '''canister''' is a type of smart contract that bundles ''code'' and ''state''. A canister can be deployed as a [[#smart contract| smart contract]] on the [[#Internet Computer| Internet Computer]] and accessed over the Internet.
 
 
 
===== canister account =====
 
A '''canister account''' is a ledger account owned by a [[#canister | canister]] (i.e. whose [[#fiduciary|fiduciary]] is a canister). A non-canister account is a ledger account whose fiduciary is a non-canister [[#principal |principal]].
 
 
 
===== canister identifier =====
 
The '''canister identifier''' or '''canister ID''' is a globally-unique identifier that identifies a [[#canister| canister]] and can be used to interact with it.
 
 
 
===== canister signature =====
 
A '''canister signature''' uses a signature scheme based on [[#certified variables| certified variables]]. Public “keys” include a [[#canister identifier|canister id]] plus a seed (so that every [[#canister|canister]] has many public keys); signatures are certificates that prove that the canister has put the signed message at a specific place in its state tree. Details in the [https://smartcontracts.org/docs/interface-spec/#canister-signatures The Internet Computer Interface Specification].
 
 
 
===== canister state =====
 
A '''canister state''' is the entire state of a [[#canister|canister]] at a given point in time. A canister’s state is divided into ''user state'' and ''system state''. The user state is a [[#WebAssembly|WebAssembly]] module instance and the system state is the auxiliary state maintained by the [[#Internet Computer|Internet Computer]] on behalf of the canister, such as its compute allocation, balance of [[#cycles|cycles]], input and output queues, and other metadata. A canister interacts with its own system state either implicitly, such as when consuming cycles, or through the System API, such as when sending messages.
 
 
 
===== catch-up package (CUP) =====
 
A '''catch-up package''' is a data bundle that contains everything needed to bootstrap a [[#subnet|subnet]] [[#replica|replica]].
 
 
 
===== certified query =====
 
A '''certified query''' is a query call for which the response is certified.
 
 
 
===== certified variable =====
 
A piece of data that a [[#canister|canister]] can store in its [[#subnet|subnet]]’s canonical state in the processing of an update call (or inter-canister call), so that during the handling of a [[#query|query]] call, the canister can return a certificate to the user that proves that it really committed to that value.
 
 
 
===== chain key =====
 
'''Chain key''' cryptography consists of a set of cryptographic protocols that orchestrate the [[#node|nodes]] that make up the [[#Internet Computer|Internet Computer]]. The most visible innovation of chain key cryptography is that the Internet Computer has a single public key. This is a huge advantage as it allows any device, including smart watches and mobile phones, to verify the authenticity of artifacts from the Internet Computer.
 
 
 
===== consensus =====
 
In distributed computing, '''consensus''' is a fault tolerant mechanism by means of which a number of [[#node|nodes]] can reach agreement about a value or state.
 
 
 
Consensus is a core component of the [[#replica|replica]] software. The consensus layer selects [[#messages|messages]] from the peer-to-peer artifact pool and pulls messages from the cross-network streams of other [[#subnet|subnets]] and organizes them into a [[#batch|batch]], which is delivered to the [[#message routing|message routing]] layer.
 
 
 
===== controller =====
 
A '''controller''' of a [[#canister|canister]] is a person, organization, or other canister that has administrative rights over the canister. Controllers are identified by their [[#principal|principals]]. For example, a controller of a canister can upgrade the [[#WebAssembly|WebAssembly]] code of the canister or delete the canister.
 
 
 
===== cycle =====
 
On the [[#Internet Computer|Internet Computer]], a '''cycle''' is the unit of measurement for resources consumed in the form of processing, memory, storage, and network bandwidth. Every canister has a cycles account to which resources consumed by the canister are charged. The Internet Computer’s utility token ([[#ICP|ICP]]) can be converted to cycles and transferred to a canister. Cycles can also be transferred between canisters by attaching them to an [inter-canister] message.
 
 
 
ICP can always be converted to cycles using the current price of ICP measured in [SDR] using the convention that one trillion cycles correspond to one SDR.
 
 
 
==D==
 
===== dapp =====
 
A '''dapp''', or decentralised application is a [[#canister|canister]] running on the [[#Internet Computer|Internet Computer]].
 
 
 
===== data center =====
 
A '''data center''' (DC) is a physical site that hosts [[#node|nodes]] which contribute to the [[#Internet Computer|Internet Computer]]. It includes the hardware and software infrastructure required for node deployment. A DC is identified on the Internet Computer by a unique identifier.
 
 
 
===== dissolve delay =====
 
The '''dissolve delay''' is the amount of time that [[#neuron|neurons]] must spend [[#dissolving state| dissolving]] before becoming [[#dissolved state| disolved]].
 
 
 
===== dissolved state =====
 
The '''dissolved state''' is a [[#neuron|neuron]] state characterized by a [[#dissolve delay|dissolve delay]] equal to zero. (It is conventionally said that a neuron in this state does not "have" a dissolve delay.) It is in this state that a neuron can be "disbursed," hence its stake moved elsewhere, and its corresponding [[#neuron account|neuron account]] closed. The [[#neuron age|age]] of a dissolved neuron is considered to be zero.
 
 
 
===== dissolving state =====
 
A '''dissolving state''' is a [[#neuron|neuron]] state that follows immediately after its owner issues a "start dissolving" command, and continues until a "stop dissolving" command is issued, or until the dissolve delay timer runs out. The [[#neuron age|age of a dissolving neuron]] is considered to be zero.
 
 
 
==E==
 
===== execution environment =====
 
The '''execution environment''' is one of the core layers of the [[#replica|replica]] software.
 
 
 
==F==
 
===== fiduciary =====
 
The '''fiduciary''' of an [[#account|account]] is the [[#principal|principal]] allowed to make [[#transaction|transactions]] on the account; as such, it may be useful to think of it as the ''owner'' of the account, with the caveat that it may or may not be the [[#beneficiary|beneficiary]] of the account. The [[#neuron account|neuron account]] is a prominent example of an account for which the beneficiary and fiduciary do not coincide (the fiduciary is the [[#governance canister|governance canister]] while the beneficiary is the neuron holder). The fiduciary of a (ledger) account does not change over time.
 
 
 
The distinction between fiduciary and beneficiary is also important for DeFi dapps (canisters) that interact with the IC ledger: in this case, the fiduciary is the DeFi canister while the beneficiary is the individual or organisation ([[#principal|principal) that uses the DeFi canister’s services.
 
 
 
==G==
 
===== governance canister =====
 
The '''governance canister''' is a [[#system canister|system canister]] that implements the [[#network nervous system (NNS)|NNS]] governance system, i.e., among others, stores and manages [[#neuron|neurons]] and [[#proposal|proposals]], and implements the NNS [[#voting|voting]] environment.
 
 
 
==H==
 
===== HTTP gateway protocol =====
 
A protocol allowing canisters to handle conventional HTTP requests. Multiple implementations of the HTTP gateway protocol exist (e.g., [[#service worker|service worker]] and [[#icx-proxy|<code>icx-proxy</code>]]). It is defined in the [https://internetcomputer.org/docs/current/references/ic-interface-spec/#http-gateway IC's Interface Specification].
 
 
 
==I==
 
===== ICP =====
 
The '''Internet Computer Protocol''' token (ticker "ICP") is the utility token of the [[#Internet Computer|Internet Computer]]. ICP allows the broader internet community to participate in the governance of the Internet Computer blockchain network by locking ICP in [[#neuron|neurons]]. ICP can also be converted into [[#cycles|cycles]], which are then used to power [[#canister|canisters]].
 
 
 
===== ICP supply account =====
 
The '''ICP supply account''' is a quasi-fictitious ledger [[#account|account]] whose balance is always zero. It has a central role in [[#ICP|ICP]] [[#burning|burning]] and [[#minting|minting]] operations.
 
 
 
===== icx-proxy =====
 
Command line tool implementing the [[#HTTP gateway protocol|HTTP gateway protocol]] to communicate with Internet Computer replicas.
 
 
 
===== identity =====
 
An '''identity''' is a byte string that is used to identify an entity, such as a [[#principal|principal]], that interacts with the [[#Internet Computer|Internet Computer]]. For users, the identity is the SHA-224 hash of the DER-encoded public key of the user. [https://smartcontracts.org/docs/interface-spec/ The Internet Computer Interface Specification] has more detail.
 
 
 
===== Internet Identity =====
 
'''Internet Identity''' is an anonymizing blockchain authentication system running on the [[#Internet Computer|Internet Computer]].
 
 
 
===== induction pool =====
 
The '''induction pool''' of a [[#subnet|subnet]] blockchain is the collection of all [[#input queue|input queues]] of all [[#canister|canisters]] residing on the subnet.
 
 
 
===== ingress message =====
 
An '''ingress message''' is a [[#message|message]] sent by an end-user to a [[#canister|canister]] running on a [[#subnet|subnet]] blockchain. The message is signed by the secret key corresponding to the end-user’s [[#identity|identity]] and sent to one of the [[#replica|replicas]] that participate in the subnet.
 
 
 
===== ingress message history =====
 
The '''ingress message history''' records the current status of every [[#ingress message|Ingress message]] processed by a [[#replica|replica]] and keeps track of whether messages were successfully included in the [[#induction pool|induction pool]] and the responses of executed messages.
 
 
 
===== input queue =====
 
The '''input queue''' of a [[#canister|canister]] contains all [[#message|messages]] bound for the canister. See also [[#induction pool|induction pool]]. When the canister is scheduled for execution, messages from its input queue will be executed.
 
 
 
===== inter-canister message =====
 
An '''inter-canister message''' is a [[#message|message]] sent from one [[#canister|canister]] to another. Inter-canister messages are different from user-initiated [[#ingress message |ingress messages]].
 
 
 
===== Internet Computer (IC) =====
 
The '''Internet Computer''' (IC) is a decentralized blockchain that provides scalable compute capacity for running [[#canister|canisters]] through independent [[#node provider|node providers]] running [[#node|nodes]] in geographically distributed [[#data center|data centers]].
 
 
 
==L==
 
===== ledger canister =====
 
The '''ledger canister''' is a [[#system canister|system canister]] whose main role is to store [[#account|accounts]] and their corresponding [[#transaction|transactions]].
 
 
 
==M==
 
===== message =====
 
A '''message''' is data sent from one [[#canister|canister]] to another or from a user to a canister.
 
 
 
===== message routing =====
 
The '''message routing''' layer receives [[#batch|batches]] from the [[#consensus|consensus]] layer and inducts them into the [[#induction pool|induction pool]]. Message routing then schedules a set of [[#canister|canisters]] to execute messages from their [[#input queue|input queues]].
 
 
 
After [[#message|messages]] have been executed, the message routing layer takes any messages produced in the execution round from the output queues and puts those messages into the outgoing streams to be consumed by canisters on other [[#subnet|subnets]].
 
 
 
===== minting transaction =====
 
A '''minting transaction''' is the process of "minting" [[#ICP|ICP]], whereby a certain amount of ICP comes into existence. ICP is minted in order to reward [[#neuron|neurons]] for [[#voting|voting]], and reward [[#node provider|node providers]] for participating in the [[#Internet Computer (IC)|IC]] by providing compute capacity through the running of [[#node|nodes]]. A minting transaction is represented as a [[#transaction|transaction]] from the [[#ICP supply account|ICP supply account]] to a destination [[#account|account]].
 
 
 
===== Motoko =====
 
 
 
'''Motoko''' is a programming language designed to directly support the programming model of the [[#Internet Computer|Internet Computer]], making it easier to efficiently build applications and take advantage of some of the more unusual features of this platform, including the Actor Model for smart contracts and compilation to WebAssembly.
 
 
 
==N==
 
===== non-dissolving state =====
 
A [[#neuron|neuron]] that is not [[#dissolved state|dissolved]] or [[#dissolving state| dissolving]] is said to be in a '''non-dissolving state''' (or "aging"). Non-dissolving neurons thus accrue "age", with the caveat that beginning to dissolve at any time reduces this age back to zero. The dissolve delay parameter of a non-dissolving (aka "aging") neuron cannot be zero, because such a neuron would have to already be dissolved.
 
 
 
===== network nervous system (NNS) =====
 
The '''network nervous system''' (NNS) is a collection of [[#system canister|system canisters]] (aka "NNS canisters") assembled into a system that governs all aspects of the [[#Internet Computer|Internet Computer]].
 
 
 
===== neuron =====
 
A '''neuron''' is an [[#Internet Computer (IC)|IC]] entity that can make [[#proposal|proposals]] and vote on proposals related to the governance of the [[#Internet Computer|Internet Computer]] platform.
 
 
 
To provide the stability required for responsible governance, neurons need to store ("stake") a certain amount of [[#ICP|ICP]] in order to be able to make and vote on proposals. This [[#non-dissolving state|locks]] the tokens for a period of time, after which it starts [[#dissolving state| dissolving]]. The ICP stake of a neuron is stored in a [[#neuron account|neuron account]].
 
The neuron owner has the right to propose and vote on governance issues, and is granted rewards for [[#voting|voting]] in proportion to the amount of ICP staked, and the duration of the [[#non-dissolving state|dissolve period]].
 
 
 
See also [[neurons 101]].
 
 
 
===== neuron account =====
 
A '''neuron account''' is a [[#canister account|canister account]] whose [[#beneficiary|beneficiary]] is a [[#neuron|neuron]] (or the neuron’s owner). The [[#governance canister|governance canister]] is the [[#fiduciary|fiduciary]] of all neuron accounts.
 
 
 
===== neuron age =====
 
The '''neuron age''' is a [[#neuron|neuron]] parameter roughly indicative of the time that has passed since its creation or since when it last entered into a [[#non-dissolving state|non-dissolving state]]. Calculation of a neuron’s age needs to take into account whether the neuron has spent time [[#dissolving state| dissolving]] or [[#dissolved state|dissolved]], both of which reset this parameter.
 
 
 
===== node =====
 
A '''node''' is a physical or virtual network endpoint that hosts all the hardware, [[#replica|replica]] software, and configuration settings required to participate in the [[#Internet Computer|Internet Computer]].
 
 
 
===== node operator =====
 
A '''node operator''' (NO) is a non-canister [[#principal|principal]] who has the authority to add/remove [[#node|nodes]] to/from the [[#Internet Computer (IC)|IC]].
 
 
 
[[#node provider|node providers]] come in possession of Hardware Security Modules (HSM), and register the HSMs with the [[#network nervous system (NNS)|NNS]]. (The HSM registration process consists essentially in deriving an IC principal ID from the key stored on the HSM, and persisting that ID with the NNS.) NPs hand registered HSMs over to legal persons, who now gain the authority to physically “operate nodes” (aka install [[#replica|replicas]]). The caveat is that, as opposed to "regular" principals, where a great deal of care goes into making sure that one principal ID corresponds to only one person, HSMs can routinely exchange hands, hence many persons can act as the same NO principal at different times.
 
 
 
===== node provider =====
 
A '''node provider''' (NP) is a non-canister [[#principal|principal]] that receives the rewards stemming from node participation to the [[#Internet Computer (IC)|IC]] (aka “payout principal”). Usually, though not necessarily, a node provider is the owner of the [[#node|node]], and may also be involved in node operation and related tasks. A node provider may receive rewards from multiple nodes in multiple [[#data center|data centers]].
 
 
 
==O==
 
===== output queue =====
 
Each [[#canister|canister]] has an '''output queue''' of [[#message|messages]] bound for other canisters.
 
 
 
==P==
 
===== peer-to-peer (P2P) =====
 
In common usage, '''peer-to-peer''' (P2P) computing or networking is a distributed application architecture that partitions workload across a network of equally-privileged computer [[#node|nodes]] so that participants can contribute resources such as processing power, disk storage, or network bandwidth to handle application workload.
 
 
 
The '''peer-to-peer layer''' collects and disseminates [[#message|messages]] and artifacts from users and from other nodes.
 
 
 
The [[#node|nodes]] of a [[#subnet|subnet]] form a dedicated peer-to-peer broadcast network that facilitates the secure '''bounded-time/eventual delivery''' broadcast of artifacts (such as [[#ingress message|ingress messages]], control messages and their signature shares). The [[#consensus|consensus]] layer builds upon this functionality.
 
 
 
===== principal =====
 
A '''principal''' is an entity that can be authenticated by the [[#Internet Computer|Internet Computer]]. This is the same sense of the word principal as the [https://en.wikipedia.org/wiki/Principal_(computer_security) Wikipedia definition]. Principals that interact with the Internet Computer do so using a certain [[#identity|identity]].
 
 
 
===== proposal =====
 
A '''proposal''' is a statement describing an action to modify certain parameters of the [[#Internet Computer (IC)|IC]], or of any of its subsystems. It is implemented as an IC entity having various attributes, such as an ID, a URL, a summary etc. Proposals are submitted by eligible [[#neuron|neuron]] owners for the consideration of the IC community, and undergo a [[#voting|voting]] process, following which they can be adopted or rejected. Adopted proposals are then executed.
 
There are several taxonomies of proposals, the most prominent of which groups proposals into "topics," whose adoption, in turn, triggers certain categories of actions, such as the creation of a [[#subnet|subnet]], the addition of a [[#node|nodes]] to a subnet, and the modification of the [[#ICP|ICP]] exchange rate.
 
 
 
===== proto-node =====
 
A '''proto-node''' is an [[#Internet Computer (IC)|IC]] entity consisting of a combination of hardware and software, that differs from a [[#node|node]] in that it has not yet been registered with the IC. A proto-node is, in short, a "node-in-waiting," hence has all that it takes to be a node except the [[#replica|replica]] software.
 
 
 
==Q==
 
===== query =====
 
A '''query''' is an optimised way to execute operations on a [[#canister|canister]] where the state changes are not preserved. Queries are synchronous and can be made to any [[#node|node]] that hosts the canister. Queries do not require [[#consensus|consensus]] to verify the result.
 
 
 
==R==
 
===== replica =====
 
The '''replica''' is a collection of protocol components that are necessary for a [[#node|node]] to participate in a [[#subnet|subnet]].
 
 
 
===== registry =====
 
The IC '''registry''' manages the system meta-data maintained on the network nervous system ([[#network nervous system (NNS)|NNS]]) and accessed by all [[#subnet|subnet]] blockchains.
 
 
 
==S==
 
===== service worker =====
 
A [https://developer.mozilla.org/en-US/docs/Web/API/Service_Worker_API '''service worker'''], which implements the [[#HTTP gateway protocol|HTTP gateway protocol]] and translates browser asset requests to the IC into API canister calls and verifies the asset certification.
 
 
 
===== smart contract =====
 
A '''smart contract''' is a stateful computer program designed to automatically execute, control or document relevant events and actions according to the terms of a contract or an agreement. A smart contract can be deployed on the [[#Internet Computer|Internet Computer]] in the form of a [[#canister|canister]] bundling data and code.
 
 
 
A canister can have one or more [[#controller|controllers]] that are permitted to modify the code of the canister, thereby modifying the terms of the smart contract. For a canister smart contract to have immutable code, its list of controllers must be empty.
 
 
 
===== state change =====
 
A '''state change''' is the result of any [[#transaction|transaction]], function call, or operation that changes the information stored in a [[#canister|canister]]. For example, if a function makes an update call that adds two numbers together or removes a name from a list, the result is a change to the canister state.
 
 
 
===== state manager =====
 
The '''state manager''' is responsible for
 
# maintaining (multiple versions of) the replicated state the deterministic state machine implemented by [[#message routing|message routing]] and the [[#execution environment|execution environment]] operates on,
 
# converting back and forth between the replicated state and its canonical version (latter can be understood independent of the concrete implementation),
 
# obtaining certifications of parts of the canonical state, which allow other stakeholders such as other [[#subnet|subnets]] and/or users, to verify that some piece of state indeed originates from a valid subnetwork, and
 
# providing capabilities to sync the canonical state with other [[#replica|replicas]] in the same subnet so that replicas that have fallen behind can catch up.
 
 
 
===== subnet =====
 
A '''subnet''' (subnetwork) is a collection of [[#node|nodes]] that run their own instance of the [[#consensus|consensus]] algorithm to produce a subnet blockchain that interacts with other subnets of the [[#Internet Computer (IC)|IC]] using [[#chain key|chain key]] cryptography.
 
 
 
===== system canister =====
 
A '''system canister''' is a pre-installed [[#canister|canister]] that performs certain tasks needed to maintain the [[#Internet Computer|Internet Computer]].
 
 
 
==T==
 
===== transaction =====
 
A ledger account '''transaction''' is the process of transferring [[#ICP|ICP]] from one [[#account|account]] to another; it can be of three types: (a) regular transfer transaction, (b) [[#burning|burning]] transaction, and (c) [[#minting|minting]] transaction.
 
 
 
===== transfer transaction =====
 
A '''transfer transaction''' is the process of transferring ICP from any regular ledger [[#account|account]] (i.e. any ledger account except the [[#ICP supply account| ICP supply account]]) to another regular ledger account.
 
 
 
==U==
 
===== user =====
 
A '''user''' is any entity that interacts with the [[#Internet Computer|Internet Computer]]. Users include end-users that use dapps deployed on the [[#Internet Computer (IC)|IC]], dapp developers, holders of [[#ICP|ICP]] utility tokens, and [[#neuron|neuron]] holders.
 
 
 
==V==
 
===== valid set rule =====
 
The '''valid set rule''' is the rule that determines a valid [[#induction pool|induction pool]]. [[#ingress message|Ingress messages]] and [[#inter-canister message|inter-canister messages]] must pass certain checks to ensure that the valid set rule is upheld before they can be added to the induction pool.
 
 
 
===== voting =====
 
'''Voting''' is the process through which [[#proposal|proposals]] are selected for adoption and implementation. Its direct participants are the [[#neuron|neurons]], who both (a) submit proposals and (b) vote on proposals. The voting process is a rather intricate undertaking, involving aspects such as neuron eligibility, voting power, chains of neuron followees etc. This has been designed with security and dependability in mind, and is being continuously improved in order to prevent the concentration of voting power in the hands of just a few neuron owners.
 
 
 
==W==
 
===== WebAssembly =====
 
'''WebAssembly''' (abbreviated Wasm) is a binary instruction format for a stack-based virtual machine.
 

Latest revision as of 18:03, 12 January 2024

See updated Glossary: ICP Glossary