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2. Terminology

This page describes the standard terminology that Iagon is using throughout this documentation:

  • Storage provider: A person or company that participates in the marketplace by sharing their storage.
  • Storage consumer: A person or company that uses the storage available from the storage providers.
  • Marketplace for storage: Allows storage providers and storage consumers to trade storage without any involvement of intermediaries.
  • Sharding: A method for splitting and distributing files across multiple resource providers in a decentralized network.
  • IAG token: The native token of the Iagon protocol, used for staking towards device connections and to earn dividends.
  • Subnetwork: A subset of nodes such as nodes only in a specific country or having a specific bandwidth.
  • SME: Small and medium enterprise.