Glossary

Address: An identity on the ledger. Starts and ends with CC.
CCC: Cancel Chain Curmudgeon: The smallest ledger token.
CCG: CancelChain Grumble: The user-facing ledger token. A CancelChain Grumble is equal to 100 CancelChain Curmudgeons. This is the token that users purchase and assign to subjects via Sentiment Transactions.
Forgiveness Transaction: A sentiment transaction type that subtracts the requested amount of CCG from the subject’s Subject Balance. A forgiveness transaction can only be created by a user that has already successfully submitted Subject Transactions for the given subject. The amount forgiven cannot be more than the total unforgiven CCG assigned to the subject by the user.
Miller: An entity that adds transactions to the blockchain. Also known as a “miner” in traditional proof-of-work blockchains.
Permissioned Network: A private network maintained through mutual, exclusive permissions.
Sentiment Transactions: The primary type of blockchain transaction. There are three types of sentiment transactions: subject (a.k.a. “opposition”), support, and forgiveness. All three types require a subject and an integer amount of CCG to assign.
Subject: A UTF-8 string of less than 80 characters.
Subject Balance: The total amount of unforgiven CCG that has been assigned to a subject via Subject Transactions.
Subject Transaction: A sentiment transaction type that adds the requested amount of CCG to the subject’s Subject Balance.
Support Balance: The total amount of CCG that has been assigned to a subject via Support Transactions.
Support Transaction: A sentiment transaction that adds the requested amount of CCG to the subject’s Support Balance.
Transaction Flow: The UTXO inputs and outputs of a transaction, referred to as “inflows” and “outflows.” See Bitcoin transactions for more information.
Transfer Transaction: A blockchain transaction that transfers ledger tokens from one address to another. Although necessary for the proper function of the blockchain, they are discouraged by providing no reward for the miller.
UTXO: Unspent Transaction Output: The ledger model. See Unspent transaction output for a more formal definition.