Glossary
This glossary provides definitions of key terms and concepts used in the Papaya documentation.
Core Protocol Terms
Stream: Continuous flow of tokens from one address to another at a fixed rate.
Flow Rate: The speed at which tokens are transferred, defined by amount per time period.
Liquidation: Process of automatically revoking streams when a user's balance becomes insufficient for subscription coverage.
Author: Address receiving streaming payments (merchant, business, creator).
Subscriber: Address initiating streaming payments (customer, user).
Project ID: Unique identifier for platforms building on Papaya.
Smart Contract: The underlying technology stack that enables automatic execution of payment streams.
Business Terms
Money Streaming: Real-time, continuous transfer of funds between parties.
Recurring Payment: Regular, automated payments at fixed intervals.
Gas Fee: Transaction cost for blockchain operations.
Non-custodial: System where users maintain direct control of their funds.
KYB (Know Your Business): Verification process for business onboarding.
Technical Terms
Chain ID: Unique identifier for different blockchain networks.
Transaction Hash: Unique identifier for a blockchain transaction.
Block Confirmation: Verification of transaction completion.
RPC URL: Connection endpoint for blockchain interaction.
Wallet Address: Unique identifier of a wallet authorized in the protocol.
This glossary will be updated regularly to include additional terms and concepts as needed.
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