In a world where information is abundant but trust is scarce, we introduce a revolutionary concept in social networking—the decentralized social platform. Our mission is to empower users, foster objectivity, and address sensitive global issues through a transparent, community-driven network. Gone are the days of centralized control and content manipulation; here is the era of user-driven, blockchain-backed social interactions.

As we embark on this journey, we invite you to explore the intricate world of decentralized social networking. To help you navigate this innovative landscape, we present a comprehensive glossary of related terms and concepts that will guide you through the decentralized ecosystem:

Decentralized Social Platform Glossary:

  • Blockchain: A distributed ledger technology that records transactions across multiple computers securely and transparently.
  • Consensus Algorithm: The specific set of rules and procedures used by the blockchain network to achieve agreement on the state of the ledger.
  • Consensus Mechanism: The protocol or method through which network participants agree on the state of the blockchain and validate transactions.
  • Cryptocurrency: Digital or virtual currencies that use cryptography for security.
  • DAO (Decentralized Autonomous Organization): A community-driven organization governed by smart contracts and decentralized decision-making.
  • DeFi (Decentralized Finance): A category of blockchain applications and financial services that aim to provide traditional financial functionalities without relying on traditional intermediaries.
  • Fact-Checking Communities: Independent organizations or communities dedicated to verifying the accuracy of information and news.
  • Governance Token: Tokens held by DAO members that grant voting rights and decision-making power within the organization.
  • Mining: The process of validating transactions and adding them to the blockchain through computational work.
  • NFT (Non-Fungible Token): Unique digital assets that represent ownership or proof of authenticity of a specific item, piece of content, or digital collectible.
  • Node: A computer within the blockchain network responsible for validating and propagating transactions.
  • Objectivity: The quality of being fair, impartial, and unbiased.
  • Positivity: A core principle of the project, emphasizing constructive dialogue and solutions-oriented discussions.
  • Proposal: A formal submission made by a DAO member to suggest changes, improvements, or decisions to be voted on by the community.
  • Sensitive Global Issues: Pressing global challenges, controversies, or topics that often face censorship or avoidance.
  • Smart Contract: Self-executing contracts with predefined rules and conditions written in code.
  • Staking: The process of locking up a certain amount of cryptocurrency tokens to participate in network activities.
  • Token: A digital asset representing ownership, value, or access rights.
  • Voting Mechanism: The system or process through which DAO members cast their votes on proposals.
  • Wallet: A digital tool or application used to store, manage, and transact with cryptocurrencies and tokens.

Blockchain and Related Terms:

  • Altcoin: Alternative digital currency to Bitcoin.
  • Blockchain: A decentralized, widely distributed, and public digital database for economic transactional data, storing all value-related information.
  • DApps (Decentralized Applications): Programs operating in a peer-to-peer network.
  • DeFi (Decentralized Finance): Financial systems without traditional intermediaries.
  • Decentralization: Distribution of governance and data across a network, enhancing security and reducing the risk of failures or other issues.
  • Decentralized Exchange (DEX): Cryptocurrency exchange functioning without a central institution, allowing users to trade directly with each other.
  • Gas: Fee required for successfully executing a transaction or contract on the Ethereum blockchain, compensating for required computational energy.
  • Smart Contract: Predefined set of rules and measures written on the blockchain, immutable once set.
  • Staking: Holding and locking up cryptocurrency.
  • Proof of Stake (PoS): An alternative consensus algorithm.

DAO Social Project and Related Terms:

  • Anonymous - User who pays for their post or comment to be anonymous.
  • Automatic Moderation - Algorithm that filters profiles or posts violating rules. Automatically flagged profiles/posts are removed without warning.
  • cross.social - Social platform easily adaptable to every idea and project, functioning with a DAO mechanism.
  • DAO Treasury - DAO-managed funds or asset pool used for various purposes such as platform development, investments, etc.
  • DAO Moderation - Voting by DAO members on content suitability upon receiving a report about certain inappropriate profiles or posts.
  • DAO Member Review - Content review by DAO members for its suitability when reported by a platform user. After review, voting is conducted to decide whether to remove or keep the content.
  • Integrated Token - Also known as native token. It is the primary currency on the cross.social platform used for daily activities but does not grant the user rights to contribute to the platform's governance.
  • Emojis - Unique emojis purchased for tokens.
  • Uncensored Speech - The ability to share posts of different viewpoints and opinions without visibility restrictions or other negative consequences. However, the content shared must comply with platform rules and not contradict laws.
  • Inappropriate Content - Incitement of criminal activities, pornography, animal abuse, child exploitation, illegal activities, terrorism, and other actions prohibited by global or platform location-specific laws, also not allowed on the cross.social.
  • Pre-seed - The initial investment stage is aimed at raising initial capital for project development.