Glossary

Here, you'll find a comprehensive glossary of terms and concepts frequently used throughout the Palm Collective ecosystem.

Activation in the Palm Collective is like a community's decision day. It's when the members of the Palm Collective or Community come together to vote on important proposals, allocate funds for projects, or make other significant decisions that shape the direction and policies of their community. It's a pivotal moment when everyone's voice counts, helping the community grow and thrive.

An active community in Palm is similar to a lively town square. These are groups of people who have received support and resources from the main Palm Collective to sustain their projects. It's a bit like providing a local art studio with the materials they need to create beautiful art. In return, these communities commit to keeping their members engaged. This could involve organizing discussions, allocating grants, or hosting events at least once a year. It's all about maintaining the vibrancy and productivity of the Palm ecosystem.

Imagine it as a simple Yes or No decision. You're asked a question, and you can only choose between two options: "Yes" if you agree, or "No" if you don't. It's a straightforward way to express your opinion on a single, clear-cut issue.

Think of the contribution matrix as a big chart that helps distribute rewards fairly. In this chart, every community's hard work is given a score, and based on that score, they receive their fair share of rewards. It's like a scoreboard in a game where everyone's points decide how much they get. In the Palm ecosystem, this matrix ensures that those who put in the most effort are recognized and rewarded for their contributions. Communities requesting funds from the collective also use this matrix to determine how much support they receive based on their contributions.

Imagine an app (like the ones on your phone) but instead of being controlled by a single company, it's powered by a community. These apps work on blockchains, which are like digital ledgers. The special thing is, no single person runs the show, and they're usually open to everyone. This way, they're transparent and don't rely on any central authority.

A Dispute in the Palm Collective Toolkit is like a polite disagreement. It happens when community members don't agree on something and need a way to work it out. Imagine if people are playing a game, and there's a question about the rules. They might have a dispute about how to play. In the Toolkit, a dispute is a way to handle these disagreements. It's a bit like having a referee or judge to decide the rules, so everyone can keep playing fairly and happily. It's a fair and organized way to resolve issues.

A discussion is like an online chat or meeting where community members come together to talk about important topics. It's where they share ideas, ask questions, and work together to make decisions. It's a bit like a digital version of a town hall meeting or a brainstorming session where everyone's voice can be heard. Discussions help the community communicate and collaborate effectively.

Governance is like the rulebook for a big club where people make decisions together. In this case, it's a set of rules and processes that help everyone in a community agree on important things. Think of it as a way to decide what's best for the group, whether it's about sharing money, making rules, or choosing leaders. So, in the Palm Collective, governance is how people work together to manage everything fairly and make sure everyone's voice is heard.

A grant is like a financial boost given to individuals or teams to support their projects, initiatives, or contributions to the Palm Collective community. It's a way for the community to invest in ideas that can help the network grow and prosper. Grants can be awarded during specific seasons or awarded through voting or other community-driven processes to projects that align with the collective's goals and values.

In the Palm Collective, a "Grant Season" is a treasury event when the community allocates resources (like tokens or funds) to support creative or meaningful projects. It's a bit like a contest or an opportunity for people to propose their ideas and get financial backing. During a Grant Season, you can submit your project proposals, and if the community likes your idea, they might provide the resources you need to bring it to life. It's a fantastic way to fund exciting initiatives and make a positive impact within the collective.

An innactive community is like a neighborhood park temporarily closed for maintenance. These are groups that have previously received support from the main Palm Collective but, for various reasons, haven't been actively engaging their members. Think of it as a pause button for a community's activities. This could be due to a lack of recent votes or grant distributions or other factors. In these situations, the distribution of funds may also be put on hold while the community addresses its internal needs or reorganizes. The goal is to help these communities get back to their vibrant activities and ensure that resources are used effectively within the Palm ecosystem.

A Palm ID is like your digital passport in the Palm Collective. It's a unique identifier that represents you and allows you to interact with the Palm Collective toolkit and features. Think of it as your online identity. With a Palm ID, you can access your profile, engage in discussions, create and vote on proposals, and more. It's your key to being part of the Palm Collective.

Is a system used within the Palm Collective to validate and confirm specific information about an individual or entity. Trusted members or parties provide digital verifications, known as "attestations," which enhance the credibility and authenticity of the information. These attestations help build trust and reputation within the Palm Collective, contributing to create a more trustworthy environment.

A Palm Community is like a smaller group or club within the Palm Collective. It's a place where people with similar interests or goals come together to work on specific projects or activities. Think of it as a branch of the bigger community. In these communities, you can do things together, make decisions, and create your own rules. Each Palm Community is unique, focusing on its own special interests and ideas, but they're all connected to the main Palm Collective. It's like a friendly neighborhood within the big city of the Palm ecosystem

The Palm Collective is like the big headquarters or main hub of the whole community. This is where the big decisions are made, like setting the rules and deciding what new features to add. The Palm Collective makes the rules and helps everyone work together smoothly. Think of it as the heart of the community, where all the important decisions are made and everyone's ideas can come to life

The Palm Collective Toolkit is like a Swiss Army knife for online communities. It's the whole set of tools and features that lets people create, manage, and grow their online groups, like fan clubs or hobby communities. You can create and vote on ideas, manage who's in the club, fund projects, and more. It's like having a toolbox for building and running your own little corner of the internet.

Palm Collective is introducing Palm Proofs often referred to simply as "Proofs," are digital tokens representing valuable contributions within the Palm Collective. They act as digital badges or tokens that recognize and reward individuals for their meaningful participation, such as creating content, supporting projects, or engaging in governance decisions. Proofs can carry various privileges or voting power within the community, reflecting the contributor's impact.

A permissioned community is like a private club on the internet. You need an invitation or special permission to join. These communities are often more exclusive, and not just anyone can become a member. In the Palm Collective, permissioned communities have specific rules about who can participate, and they might need you to prove something about yourself before you can join. It's like an online VIP club.

A permissionless community is like an open park that anyone can visit. In the Palm Collective, permissionless communities are open to anyone who wants to participate. You don't need an invitation or special permission. It's a bit like a public square where everyone can gather and join the conversation. These communities are all about inclusivity and openness. It's an online space where anyone can be part of the action.

A primary wallet is like your digital keychain. It's a special wallet associated with your PalmID that holds your valuable digital assets, like Proofs and other digital collectibles. This wallet is the one you use to sign off on important transactions on the blockchain, giving you control over your PalmID's activities. It's your main hub for all things valuable in the digital realm.

A proposal is like a formal idea that someone suggests. It's like saying, "Hey, let's do this!" In the Palm Collective, proposals can be about all kinds of stuff, like how to use money or make decisions. Other people in the community then discuss, vote, and decide if they like the idea. If most people say yes, the proposal becomes a plan, and the community goes ahead with it. If most people say no, the idea doesn't happen. So, proposals are like suggestions for the group to talk about and decide on together.

Think of it like this - it's a voting system where you're given a limited number of votes, and you can choose to distribute them however you like. But, here's the twist: the more votes you use for one option, the more they cost you. So, it encourages you to really think about what's important to you. It's a way to make sure the most crucial stuff gets the most attention in a fair and balanced way.

This is like making sure enough people are in the room before you make a decision. In a quorum vote, a minimum number of participants must be present for the vote to count. It ensures that important decisions aren't made when only a few people are involved, making the process more fair and representative. If there aren't enough people present, the decision gets postponed until more folks show up.

The Palm Collective toolkit allows for granting members of the Collective or Community responsibilities, permissions, and levels of control within the Collective or Community respectively. Currently, we have the following roles:

Refers to an individual who is part of the Palm Collective or a specific Palm Community. It's like being a part of a club or group. Members typically have certain rights and responsibilities within the community, such as:

An "Admin," short for "Administrator," is someone with special responsibilities and powers within an online community, like the Palm Collective. Admins make sure everything runs smoothly. They can manage the rules, the members, and the overall organization of the community. Think of them as the leaders or caretakers who keep things in order and help everyone have a good experience in the community and has been given specific permissions within the Palm Collective or the Palm Community including:

A "Super-Admin," also known as a "Super Administrator," is like the ultimate leader in an online community, such as the Palm Collective. They have the highest level of control and power. Super-Admins can do things like appoint other Admins, change important settings, and even make big decisions for the community. They're like the community's superheroes, responsible for keeping everything in order and ensuring the community's success and has been given specific permissions within the Palm Collective or the Palm Community including:

A secondary wallet is like your backup keychain. Each PalmID can be linked to a main wallet and several secondary wallets. These wallets can help manage and secure your digital assets, including Proofs and other digital collectibles. However, they don't have the same level of control as your main wallet. Only your main wallet can add or remove secondary wallets. It's a way to keep your digital treasures safe and organized.

Treasury in the Palm Collective Toolkit is like a digital wallet for important stuff. Imagine you have a special wallet that can hold different kinds of tokens, like digital collector's items or even special coins unique to your group. It keeps everything organized and makes sure only the right people can use or move these items. It's like a safe place for all your digital goodies, with strong rules to keep them secure. Plus, it keeps a record of everything so you always know where your stuff came from and where it's going. It's all about transparency and safety for your digital treasures.

Palm Prints is a digital system that functions like a collection of secure online badges. These badges verify specific information about you, such as your identity or accomplishments. They are issued by trusted sources and come with proof that these sources are indeed trustworthy. Think of them as digital equivalents to the certificates, licenses, and IDs you might keep in your physical wallet. However, Verifiable Credentials or Palm Prints makes sharing this information online more secure and versatile.

A "Verifier" is a feature within the Palm Collective. It helps confirm someone's online identity by checking their online profiles, such as Twitter or email, to ensure they are who they claim to be. This verification process contributes to the trustworthiness and integrity of the Palm Collective, acting like a digital fingerprint to establish and confirm the real identity of users within the ecosystem.

A vote in the Palm ecosystem is like raising your hand to express your opinion. It's a way for community members to decide on important matters, like which projects to support or changes to the rules. Each member's vote holds a certain weight, and the outcome depends on the collective decisions of the community. It's democracy in action within the digital world.