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Key Terms

Glossary of terms that will be used throughout the documentation

  • PWR: A shortcut for Power Blockchain. It is the blockchain we document and introduce in these documentation articles.

  • Base Layer: The foundational layer of PWR Blockchain dedicated to managing consensus, handling transactions, organizing blocks, and ensuring network security without processing smart contracts or applications.

  • Virtual Machine (VM): Independent operational entities on PWR Chain that can process smart contracts and run applications with distinct states, without burdening the base layer's throughput or security.

  • Software Applications: Applications built on PWR Chain using established programming languages, capable of sophisticated operations, including automation and internet interaction, functioning beyond the traditional constraints of smart contracts.

  • Validator Nodes: Nodes that propose and reach consensus on new blocks within the PWR Chain, playing a crucial role in maintaining the operational continuity and security of the network.

  • Conduit Nodes: Nodes that facilitate interoperability between various VMs and the PWR base layer by acting as message relaying nodes. They capture and submit VM-generated transactions to the base layer.

  • Wrapper Nodes: Nodes that integrate different wallets with the VMs on PWR Chain, handling transactions and ensuring seamless processing while maintaining security through original signature authentication.

  • Handler Nodes: Intermediate nodes that manage the interaction between the PWR Chain and VMs by sorting and checking data before it reaches the VMs, mostly associated with RPC nodes of these VMs.

  • RPC Nodes: Nodes that specialize in data retrieval, synchronizing with the blockchain to provide historical and real-time data of the PWR Chain ecosystem to users and applications.

  • MHBS (Multi Hash Based Signatures): A signature algorithm used on PWR Chain, offering enhanced security against quantum attacks and high throughput.

  • SNT (Simple Native Transactions): A transaction encoding and decoding protocol on PWR Chain designed for efficiency, allowing quick processing of large volumes of transactions.

  • EWER (Easy Write Easy Read): A block encoding and decoding protocol that optimizes the speed and accuracy of writing and reading blockchain data on PWR Chain.

  • DPOP (Delegated Proof of Power): A unique consensus mechanism on PWR Chain that democratizes the block proposal process by ensuring equitable participation and reward distribution among validators.

  • Guardians: A security feature on PWR Chain allowing users to assign trusted entities to approve transactions, enhancing security, especially in compromised situations. It's like on-chain 2fa.

  • Transaction Fee: A fee paid in $PWR by users when sending transactions to the PWR Chain. The fee is proportional to the size of the transaction.