Terminology
This page defines the terminology that Iagon uses throughout this documentation.
Term | Definition |
---|---|
App(s) | Any application, script or task hosted with Iagon Compute. |
Benchmark | A multifaceted but brief resource stress test for nodes to quantify the performance readings of the host system. |
Claim | The action of moving earnings out of the platform's smart contract and into one's own wallet. |
Commit, Commitment, Committed | Allocate a specific quantity of a host system's resources to the Iagon network. |
Compute (product) | A stream of the Iagon network that hosts any tasks such as app hosting. Can include file hosting, but separate from Storage. |
Cyclone | A physical server purpose-built and configured by Iagon specifically to run a Node in a plug-and-play manner. |
Cyclone OS | A Linux operating system distribution that is pre-packaged with Iagon Storage and Compute node as well as all of their dependencies. |
Delegator(s) | Person/party that offers their IAG tokens to a node to increase its stake in exchange for an earnings sharing agreement. |
Delegate, Delegated, Delegation | The act of contributing IAG tokens via Iagon's Staking Platform to a node to increase its total stake and thus commit more resources. |
Delegation Request | A listing on Iagon's Staking Platform requesting IAG Tokens from delegators for a node to increase its total stake and thus commit more resources. |
Earning(s) | The combination of rewards and fees. |
Epoch(s)(ly) | A time period of 5 days, scheduled to Cardano's epochs. |
Fantasy Brawl (product) | A unique sports fantasy league experience built using Iagon Storage and Compute. |
Fees | Monthly ADA Token earnings for node operators and delegators based on node performance. These ADA Tokens are earned from subscriptions. |
HealthSafe (product) | A decentralized digital health portal designed to securely store and manage healthcare records, journals, and information. |
IAG Token(s) | The native token of the Iagon protocol, minted on the Cardano blockchain with the ticker "IAG", used for staking towards resource commitments and to earn rewards. |
Launch | Initiate a new node on the Iagon network. |
LedgerFlow (product) | A multifaceted financial platform that includes both individual and multisignature wallet management, bill issuance and payments, as well as tax tracking. |
Margin | Percentage from a node's earnings offered to delegators by a node operator via the Staking Platform. |
Migrate | The act of changing the host system of a node and repopulating the data held by that node on the new host system. |
Network Explorer | A decentralized network of interconnected nodes that process backend tasks for Iagon's Storage and compute networks, including file distribution and data availability logging. |
Node(s) | An application that makes the host system's resources available on the Iagon network; or processes tasks for the Iagon network. |
Operator(s) | A person or party that hosts and manages a node. |
Quick Delegate/Delegation | Quickly aggregate the best nodes according to search filters and delegate IAG tokens to them in order of potential profitability. |
Request(ing)(ed) Delegation | The act of requesting IAG tokens from delegators via Iagon's Staking Platform for a Node to increase its total Stake and thus commit more resources. |
Resize | The action of increasing or reducing a node's commitment. |
Return on Delegation (ROD) | The annualized returns of delegated IAG tokens as a percentage. |
Return on Stake (ROS) | The annualized returns of staked IAG tokens as a percentage. |
Rewards | Epochly IAG token earnings for Node operators and delegators based on node performance. These IAG tokens are designated in Iagon's tokenomics. |
Sharding | A method for splitting and distributing files across multiple Storage nodes. |
SME | Small and medium Enterprise. |
Stake(d) | The IAG token deposit required to operate a Node. |
Staking (Platform) (product) | A platform on the Iagon website that connects node operators with delegators to deposit delegation to nodes that require more stake to increase their commitment. |
Storage (product) | A stream of the Iagon network that specifically hosts files for any given timeline distributed among nodes. |
Subscriber(s) | A person or party that pays a subscription to use Iagon services. |
Subscription(s) | An agreement to utilize resources on the Iagon network for an agreed-upon monthly or annual payment cost. |
Subnetwork | A subset of nodes catered to specific subscriber needs, such as nodes only in a specific region; or having a specific minimum bandwidth. |
Swap | Quickly exchange ADA for IAG tokens that are already delegated, or delegated IAG tokens for ADA. |
Transfer (product) | A file sharing platform for storage subscribers to quickly share files with expiring links that can be encrypted with a password. |
Withdraw | Remove IAG tokens from an active delegated, ending the earnings sharing agreement. |