# GLOSSARY [toc] ## Status IM Status Internet Messenger. Status.im is the main domain name for Status. ## Token A token represents a particular fungible and tradable asset or a utility that is often found on a blockchain. ## ERC Ethereum Request for Comment ## ERC20 Ethereum Request for Comment number 20. A technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. ## ERC 721 A variety of non fungible collectable tokens or NFC’s. ## Fungible Legal term: (of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable. "money is fungible—money that is raised for one purpose can easily be used for another" ## NFC Non fungible collectable token ## Hodl The term “HODL” originally comes from a Bitcointalk forum post from December 18, 2013 where the title “I AM HODLING” contained a misspelling of the word “hold.” ## Buidl Similar to 'hodl' but the word is 'build'. ## Gas The name for a special unit used in Ethereum. It measures how much "work" an action or set of actions takes to perform: for example, to calculate one Keccak256 cryptographic hash it will take 30 gas each time a hash is calculated, plus a cost of 6 more gas for every 256 bits of data being hashed. ## DAO Decentralised Autonomous Organisation - A (DAO), sometimes labeled a decentralized autonomous corporation (DAC), is an organization represented by rules encoded as a computer program that is transparent, controlled by shareholders and not influenced by a central government. A DAO's financial transaction record and program rules are maintained on a blockchain. ## Jarrad and Carl CoFounders of Status. ## FUD An acronym of fear, uncertainty and doubt. Used mostly by traders. ## Status Beta The beta version is usually the last version before wide release, often tested by users under real-world conditions. ## SNT Status Network Token. An ERC-20 token which has additional functionality called the mini-me token which allows cloned token voting, (eg, you don’t have to “spend” your tokens to participate in a vote). ## Whisper Whisper is a proprietary iOS and Android mobile app available without charge. It is a form of anonymous social media, allowing users to post and share photo and video messages anonymously. ## Dark Routing Aka Partial addressing. The network is built from the ground up to frustrate any attempt at tracking the path data packets take which means your content can't be followed. ## PFS Perfect Forward Secrecy. In cryptography, forward secrecy (FS), also known as perfect forward secrecy (PFS), is a feature of specific key agreement protocols that gives assurances your session keys will not be compromised even if the private key of the server is compromised. ## Double Ratchet Algorithm Used by two parties to exchange encrypted messages based on a shared secret key. ## DApp Decentralized Application (Dapp, dApp or DApp) An application run by many users on a decentralized network with trustless protocols. They are designed to avoid any single point of failure. They typically have tokens to reward users for providing computing power. ## p2p Peer to peer. Peer-to-peer computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the application. They are said to form a peer-to-peer network of nodes. ## Encryption The process of converting information or data into a code, especially to prevent unauthorized access. ## Public Key A cryptographic key that can be obtained and used by anyone to encrypt messages intended for a particular recipient, such that the encrypted messages can be deciphered only by using a second key that is known only to the recipient (the private key ). ## Private Key The second key which is only known to the recipient of a message. Paired with a public key, the two together are used to decipher messages between them. ## Smart Contract A computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. ## Signing Phrase ## Recovery Phrase ## Hardwallet ## Cold Storage Cold storage is a computer system or mode of operation designed for the retention of inactive data. ## Sharding A form of database architecture. ## Eth2.0 Ethereum 2.0 ## Open Source ## Web 1.0 Web 1.0 is the term used to refer to the first stage of development on the World Wide Web that was characterized by simple static websites. ## Web 2.0 The term Web 2.0 refers to websites that integrate user-generated content, place an emphasis on user experience, and offer improved interoperability. ## Web 3.0 Web 3.0 refers to the phase of web development that follows Web 2.0, and is characterized by the semantic web, the ever-present web, and the application of articificial intelligence. ## ENS Ethereum Name Service ## TOC Table of Contents ## Repository Repo - Generically refers to a central place where data is stored and maintained. A repository can be a place where multiple databases or files are located for distribution over a network, or a repository can be a location that is directly accessible to the user without having to travel across a network.