Glossary of the main ADON terms and definitions

Proof of Stake: The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold. This means that the more coins owned by a miner, the more mining power they have (by opposition to Proof-Of-Work, where the mining power of an actor is linked to his computing power).

Staking: The mechanism by which miners (called stakers) are rewarded for adding new blocks to the ADON Proof-Of-Stake blockchain.

ADON: The currency unit of ADONIS.

zk-SNARKS/SHIELD: Privacy protocol implemented on the ADON blockchain. Zero-Knowledge proof (zk-SNARKS) is a cryptographic method by which one party (the prover) can prove to another party (the verifier) that a given statement is true, without conveying (or unknowingly leaking) any information apart from one simple statement: that the statement being made is indeed true. ADON uses this mechanism to create SHIELD transactions, for which details are only visible to the sender and receiver.

Cold Staking:

Masternode: ADON Masternodes are special wallets that, in exchange of the locking-up of a 100'000 ADON collateral, provide a second level of governance on the network, with functionalities such as voting on the Treasury Budget.

Treasury Budget: A monthly budget of 2,592,000 ADONs are allocated to community-submitted projects that are then voted upon by the ADON masternode owners.