Understanding the technical terms behind MyceliumLink's decentralized data infrastructure, explained in simple terms for investors, partners, and stakeholders.
A digital ledger that records transactions across multiple computers in a way that makes it nearly impossible to change or hack. Think of it as a shared spreadsheet that everyone can see and verify, but no single person controls.
Like a public record book that banks use to track money transfers, but distributed across thousands of computers worldwide.
Instead of having one central authority (like Google or Amazon) control all the data, decentralization spreads control across many independent participants. This makes the system more resilient and democratic.
Like how the internet works - no single company owns it, but many organizations work together to keep it running.
A network of interconnected data storage and processing systems that work together seamlessly. It's like a web of data centers that can share and verify information with each other.
Imagine a network of libraries that can instantly share books and verify that the information is authentic.
A security method that scrambles data so that only authorized parties can read it. It's like putting your data in a secure lockbox that only people with the right key can open.
Like the lock on your phone - your data is protected even if someone gains access to your device.
A peer-to-peer protocol for storing and sharing data across a distributed network. It's designed to make the web faster, more secure, and more open.
Like a global filing system where documents are stored across many computers, making them faster to access and harder to lose.
Open-source software that provides high-performance object storage. It's like a specialized filing cabinet that can store massive amounts of data efficiently.
Like a super-efficient warehouse management system for digital files.
A computer or server that participates in the MyceliumLink network. Each node stores a portion of the data and helps verify the integrity of the entire system.
Like a branch office in a global company - each location handles some business but is connected to the whole organization.
A method to verify that a node is actually storing the data it claims to have, without revealing the data itself. It's like proving you have a book without showing its contents.
Like a receipt that proves you bought something, but doesn't reveal what you bought.
A system that verifies data hasn't been tampered with or corrupted. It's like a seal on a package that shows it hasn't been opened or damaged.
Like a tamper-evident seal on medicine bottles that shows the contents are safe and authentic.
The process of making multiple copies of data and storing them in different locations. This ensures data is never lost even if some storage systems fail.
Like keeping backup copies of important documents in different locations - if one copy is lost, others remain safe.
Breaking large files into smaller pieces and storing them across multiple nodes. This makes the system faster and more efficient.
Like cutting a large pizza into slices - each slice can be stored and retrieved independently, making the whole process more efficient.
The process of locking up tokens or resources as collateral to participate in network operations. It's like putting down a security deposit to prove you're committed to the system.
Like a security deposit for renting an apartment - you put money down to show you're serious about following the rules.
Self-executing contracts with terms directly written into code. They automatically execute when certain conditions are met, without needing human intervention.
Like a vending machine - you put in money, and it automatically gives you the product without needing a cashier.
A set of rules that allows different software applications to communicate with each other. It's like a translator that helps different systems understand each other.
Like a waiter in a restaurant - you tell them what you want, and they communicate your order to the kitchen.
A collection of tools, libraries, and documentation that helps developers build applications for a specific platform. It's like a toolkit for building with MyceliumLink.
Like a LEGO set with instructions - everything you need to build something specific, with clear directions included.
The time it takes for data to travel from one point to another. Lower latency means faster response times.
Like the delay between when you press a button and when something happens - lower delay means better experience.
The amount of data that can be processed or transferred in a given time period. Higher throughput means the system can handle more data faster.
Like the capacity of a highway - more lanes mean more cars can travel at the same time.
The process by which nodes in a network agree on the validity of transactions or data. It's how the system ensures everyone has the same version of the truth.
Like a group decision-making process where everyone must agree before taking action.
A unique fingerprint for data that changes completely if even one character is modified. It's used to verify data integrity and detect tampering.
Like a unique DNA fingerprint for digital data - even tiny changes create a completely different fingerprint.
A database that is shared and synchronized across multiple sites, institutions, or geographies. It's like a shared accounting book that everyone can see and verify.
Like a shared Google Doc that multiple people can view and edit simultaneously, with a complete history of all changes.
A network architecture where participants communicate directly with each other, without relying on a central server. It's like a direct conversation between friends.
Like talking directly to a friend on the phone, rather than going through a switchboard operator.
The process of distributing network traffic across multiple servers to ensure no single server becomes overwhelmed. It's like having multiple cashiers at a busy store.
Like a traffic director at a busy intersection, ensuring traffic flows smoothly without bottlenecks.
Having backup systems or components that can take over if the primary system fails. It's like having spare tires in your car.
Like having multiple power sources for a hospital - if one fails, others keep the lights on.
The ability of a system to handle increased load by adding more resources. It's about growing the system as demand increases.
Like adding more lanes to a highway as traffic increases, or hiring more staff as business grows.
The ability of a system to continue operating even when some components fail. It's about building systems that don't break down easily.
Like a car that can still drive even if one tire goes flat, or a building that remains standing even if one support beam fails.
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