Glossary

General

Term	Meaning
Airdrop	A free distribution of a specific token.
Blockchain Explorer	A client to browse blockchain transactions.
Burn	The destruction of tokens or coins.
Client	A generic term for a program or device. In the context of Pantos, it usually refers to the webapp or a command-line interface (CLI).
Faucet	A simple tool to get some free test token.
Gas	A metric to pay for transactions, PAN is the gas of the Pantos network.
Mint	The creation of tokens or coins.
Smart Contract	A program that rules the protocol and provides the functions for Pantos transfers.
Token Contract	A token contract is a type of smart contract. Each token has its corresponding token contract, which defines its capabilities and other specifications, like total supply.
Unwrapping	The process of burning the wrapped token in exchange for the underlying original asset from the smart contract on the source chain.
Wrapping	The process of locking an asset in a smart contract and minting a corresponding wrapped token on the source chain
Wrapped Token	A derivative of an asset like a coin, that is backed 1:1 by the original asset through a smart contract. An asset can only be wrapped/unwrapped on the source chain.

Pantos Specific

Term	Meaning
Bids	A bid consists of two variables, 'maximum execution time' and 'price'. Users can select bids individually to choose the desired speed/cost for the cross-chain transfer.
IPantosToken	The common interface of all Pantos multichain tokens.
PantosToken Contract	The PantosToken contract (i.e. the actual PAN token or other tokens built with Pantos) implements the IPantosToken interface.
Maximum Execution Time	The longest time a transfer is allowed to take before it is reverted.
PantosHub	The main smart contract of the Pantos network.
PantosForwarder	The smart contract for verifying Pantos token transfers.
Service Node	Service nodes set bids, that users can choose from and initiate the transfer on the involved blockchains. They get rewarded in PAN and need to cover the transaction fees on the blockchains in the native gas tokens.
Validator Node	Validator nodes facilitate the secure cross-chain transfer and ensure the validity of the transfer in a decentralised manner.