Glossary

  • MANTRA Chain: A blockchain platform focusing on decentralized finance (DeFi) and built on the Cosmos ecosystem, offering various financial products and services.

  • OM Token: The native cryptocurrency of the MANTRA Chain ecosystem, used for transactions, staking, and participating in governance.

  • Cosmos: The network of interconnected blockchains that enable interoperability and scalability.

  • Cosmos Hub: The central hub of the Cosmos ecosystem, facilitating communication and asset transfers between independent blockchains (zones).

  • Cosmos SDK: A modular framework for building application-specific blockchains within the Cosmos ecosystem.

  • Tendermint: A Byzantine Fault Tolerant (BFT) consensus engine used by Cosmos SDK-based chains to achieve consensus among validators.

  • IBC (Inter-Blockchain Communication): Protocols that enable communication and asset transfers between Cosmos zones and hubs.

  • Zones: Independent blockchains built using the Cosmos SDK framework.

  • Hubs: Blockchains that serve as central points of connection within the Cosmos ecosystem, facilitating communication between zones.

  • IBC Protocol: The set of rules and standards governing the communication and interoperability between Cosmos zones and hubs.

  • Smart Contracts: Self-executing contracts with the terms of the agreement directly written into code. They enable decentralized execution of code on the blockchain.

  • CosmWasm: A smart contract execution environment for the Cosmos ecosystem, allowing developers to deploy and execute smart contracts written in Rust.

  • Validator: Node operators responsible for proposing and validating blocks on Cosmos SDK-based chains.

  • Delegator: Individuals who delegate their tokens to validators in exchange for staking rewards.

  • Staking: The process of locking up tokens to support the operations of a blockchain network and earning rewards in return.

  • IBC Token Transfer: The process of transferring tokens between different Cosmos zones and hubs using the Inter-Blockchain Communication (IBC) protocol.

  • Governance: The process by which decisions are made regarding the evolution and management of the Cosmos ecosystem, often involving token holders voting on proposals.

  • Full Node: A full node stores a complete copy of the blockchain ledger and independently validates and relays transactions and blocks. Full nodes contribute to the decentralization and security of the network by verifying all transactions and blocks.

  • Validator Node: A validator node is responsible for proposing and validating new blocks in a Proof-of-Stake (PoS) or Proof-of-Authority (PoA) blockchain network. Validators play a crucial role in achieving consensus and securing the network.

  • Light Node (or Light Client): A light node is a simplified version of a full node that does not store the entire blockchain ledger. Instead, it relies on full nodes or trusted third parties to provide necessary information on-demand, making it more lightweight and suitable for resource-constrained devices.

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