Glossary
Here’s a glossary for the ONOCOY: Enabling Mass Adoption of High Precision GNSS Positioning Using Web3 whitepaper (Version 2.0.0). It includes key technical, economic, and organizational terms from the document:
📖 Glossary
A
Availability Scale: A component of miner rewards based on the continuity and completeness of GNSS data streams.
B
Base Reward: A fixed reward given to GNSS data contributors (miners) independent of actual data usage.
Blockchain: A decentralized digital ledger used in onocoy for governance, token economy, and transaction records.
C
CORS (Continuously Operating Reference Station): A GNSS reference station that streams data continuously to support high-precision positioning.
Cryptoeconomic Design: The token-based incentive system used by onocoy to ensure fair participation, reward distribution, and sustainability.
Caster: A system component that distributes GNSS correction data in real-time to users.
D
Data Credit: A non-transferable token pegged to fiat value, used to access GNSS data streams within onocoy.
DePIN (Decentralized Physical Infrastructure Network): A web3 model for building physical infrastructure through tokenized, community participation.
Decentralization: Distribution of decision-making, validation, and system control across the community, reducing reliance on central authorities.
E
Early Mover Boost: An incentive multiplier in the base reward for early contributors/miners.
Ecosystem Fund: A portion of token revenues reserved for development and maintenance of the onocoy system.
F
FIAT: Traditional government-issued currency (e.g., USD, EUR), used as a price anchor for data credits.
G
GNSS (Global Navigation Satellite System): A system that provides geolocation and time information via satellite constellations (e.g., GPS, Galileo).
Governance: The decision-making framework for managing the onocoy system, including token-holder voting and Swiss association oversight.
L
Location Scale: A reward modifier that encourages spatial distribution of GNSS stations by penalizing clustering.
M
Miner: A participant who operates a GNSS reference station, contributing data to the onocoy platform.
MQTT: A lightweight messaging protocol used in the onocoy communication backbone.
N
NTRIP (Networked Transport of RTCM via Internet Protocol): A protocol used to stream GNSS correction data.
Non-transferable Token: A token that cannot be traded or resold, used within a closed system like data credits in onocoy.
O
ONO Token: A capped, deflationary utility token used to incentivize participation and governance in the onocoy network.
Oracle: A mechanism that ensures stable fiat pricing for data credits by adjusting ONO-token exchange rates.
P
PPP (Precise Point Positioning): A GNSS technique that provides high-precision positioning using correction models.
Proof-of-Stake: A consensus mechanism proposed for validators to establish trust and ensure data quality in decentralized systems.
Q
Quality Scale: A reward component measuring GNSS data quality based on signal type, precision, and consistency.
R
RTK (Real-Time Kinematic): A high-precision GNSS technique that uses data from a nearby reference station to correct position estimates.
Reward Commission: The entity responsible for setting base reward values and modifiers in onocoy’s tokenomics.
S
Smart Contract: Self-executing code deployed on the blockchain, used to manage transactions and governance rules in onocoy.
Spoofing: A malicious practice of transmitting fake GNSS signals to deceive receivers.
Synthetic Measurements: Artificial GNSS data mimicking real signals, considered fraudulent in the onocoy context.
T
Teal Organization: An organizational model based on self-management, wholeness, and evolutionary purpose—used by onocoy’s core team.
Tokenomics: The study and design of onocoy’s token economy, including supply, distribution, and incentives.
U
Usage Reward: A performance-based reward given to miners whose stations are used more frequently by customers.
V
Validator: A participant responsible for verifying the authenticity and quality of GNSS data using advanced statistical and geospatial methods.
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