Dictionary

In a world where information is abundant but trust is scarce, we introduce a revolutionary concept in social networking—the decentralized social platform. Our mission is to empower users, foster objectivity, and address sensitive global issues through a transparent, community-driven network. Gone are the days of centralized control and content manipulation; here is the era of user-driven, blockchain-backed social interactions.

As we embark on this journey, we invite you to explore the intricate world of decentralized social networking. To help you navigate this innovative landscape, we present a comprehensive glossary of related terms and concepts that will guide you through the decentralized ecosystem:

Decentralized Social Platform Glossary:

Blockchain: A distributed ledger technology that records transactions across multiple computers securely and transparently.
Consensus Algorithm: The specific set of rules and procedures used by the blockchain network to achieve agreement on the state of the ledger.
Consensus Mechanism: The protocol or method through which network participants agree on the state of the blockchain and validate transactions.
Cryptocurrency: Digital or virtual currencies that use cryptography for security.
DAO (Decentralized Autonomous Organization): A community-driven organization governed by smart contracts and decentralized decision-making.
DeFi (Decentralized Finance): A category of blockchain applications and financial services that aim to provide traditional financial functionalities without relying on traditional intermediaries.
Fact-Checking Communities: Independent organizations or communities dedicated to verifying the accuracy of information and news.
Governance Token: Tokens held by DAO members that grant voting rights and decision-making power within the organization.
Mining: The process of validating transactions and adding them to the blockchain through computational work.
NFT (Non-Fungible Token): Unique digital assets that represent ownership or proof of authenticity of a specific item, piece of content, or digital collectible.
Node: A computer within the blockchain network responsible for validating and propagating transactions.
Objectivity: The quality of being fair, impartial, and unbiased.
Positivity: A core principle of the project, emphasizing constructive dialogue and solutions-oriented discussions.
Proposal: A formal submission made by a DAO member to suggest changes, improvements, or decisions to be voted on by the community.
Sensitive Global Issues: Pressing global challenges, controversies, or topics that often face censorship or avoidance.
Smart Contract: Self-executing contracts with predefined rules and conditions written in code.
Staking: The process of locking up a certain amount of cryptocurrency tokens to participate in network activities.
Token: A digital asset representing ownership, value, or access rights.
Voting Mechanism: The system or process through which DAO members cast their votes on proposals.
Wallet: A digital tool or application used to store, manage, and transact with cryptocurrencies and tokens.

Blockchain and Related Terms:

Altcoin: Alternative digital currency to Bitcoin.
Blockchain: A decentralized, widely distributed, and public digital database for economic transactional data, storing all value-related information.
DApps (Decentralized Applications): Programs operating in a peer-to-peer network.
DeFi (Decentralized Finance): Financial systems without traditional intermediaries.
Decentralization: Distribution of governance and data across a network, enhancing security and reducing the risk of failures or other issues.
Decentralized Exchange (DEX): Cryptocurrency exchange functioning without a central institution, allowing users to trade directly with each other.
Gas: Fee required for successfully executing a transaction or contract on the Ethereum blockchain, compensating for required computational energy.
Smart Contract: Predefined set of rules and measures written on the blockchain, immutable once set.
Staking: Holding and locking up cryptocurrency.
Proof of Stake (PoS): An alternative consensus algorithm.

DAO Social Project and Related Terms:

Anonymous - User who pays for their post or comment to be anonymous.
Automatic Moderation - Algorithm that filters profiles or posts violating rules. Automatically flagged profiles/posts are removed without warning.
cross.social - Social platform easily adaptable to every idea and project, functioning with a DAO mechanism.
DAO Treasury - DAO-managed funds or asset pool used for various purposes such as platform development, investments, etc.
DAO Moderation - Voting by DAO members on content suitability upon receiving a report about certain inappropriate profiles or posts.
DAO Member Review - Content review by DAO members for its suitability when reported by a platform user. After review, voting is conducted to decide whether to remove or keep the content.
Integrated Token - Also known as native token. It is the primary currency on the cross.social platform used for daily activities but does not grant the user rights to contribute to the platform's governance.
Emojis - Unique emojis purchased for tokens.
Uncensored Speech - The ability to share posts of different viewpoints and opinions without visibility restrictions or other negative consequences. However, the content shared must comply with platform rules and not contradict laws.
Inappropriate Content - Incitement of criminal activities, pornography, animal abuse, child exploitation, illegal activities, terrorism, and other actions prohibited by global or platform location-specific laws, also not allowed on the cross.social.
Pre-seed - The initial investment stage is aimed at raising initial capital for project development.

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Euronews

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Israel initiated a 'limited' military operation in Rafah on Tuesday, taking control of the vital border crossing with Egypt. This move comes despite a stark warning from US President Joe Biden, who stated that the US would halt some weapon supplies if Israel proceeded with its planned ground offensive in the area. Amid concerns for civilian safety in Gaza, Biden also reassured that the US would ensure Israel's security continues.

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The Spanish government has turned down a merger proposal from Banco Bilbao Vizcaya Argentaria (BBVA) to Banco Sabadell shareholders, thwarting BBVA's plans to consolidate further within Europe's banking sector. BBVA described the offer as highly favorable, proposing one BBVA share for every 4.83 Sabadell shares, a premium based on recent stock prices. This rejection has reignited discussions on banking consolidation across Europe.

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Japanese Bread Recalled Over Rat Contamination

Pasco Shikishima Corporation, a major Japanese food supplier, has recalled over 100,000 packs of its popular "chojuku" sliced white bread after discovering rat remains in some loaves. This incident adds to a series of food safety issues in Japan, a country known for the reliability of its food exports. The contamination was identified in loaves produced in a factory in western Tokyo. No illnesses have been reported following the consumption of the affected bread.

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Bbc.com

Lethal Force Used in Saudi Neom Project

A former intelligence officer, Col Rabih Alenezi, reported that Saudi authorities authorized lethal force to evict villagers for the construction of The Line, a futuristic city part of the $500 billion Neom eco-project. This clearance led to the fatal shooting of a villager who protested the eviction. Both the Saudi government and Neom management have declined to comment on the incident. The Neom project is a centerpiece of Saudi Vision 2030, aimed at diversifying the economy beyond oil.

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Memecoin Surges on Unlikely Publicity

The memecoin Jeo Boden (BODEN), humorously named after a misspelling of U.S. President Joe Biden, saw a 25% increase in value following unexpected attention from former President Donald Trump. Trump's response to a fan inquiry about the token provided the kind of publicity that propelled its surge, underscoring the adage that "any publicity is good publicity," even for the most whimsical of digital assets.

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Cryptocurrency Trading Volume Dips in April

Cryptocurrency trading volume saw its first decline in seven months this April, falling 43.8% to $6.58 trillion. Factors like increasing geopolitical tensions and reduced inflows into U.S.-listed spot ETFs contributed to the downturn. The derivatives market experienced a significant drop of 47.6%, while the spot market decreased by 32.6%, according to a report from London-based CCData. This pullback marks a sharp retreat from March's record high of $9.12 trillion.

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China's New Aircraft Carrier Completes Maiden Voyage

China's third aircraft carrier, the Fujian, has returned from its successful eight-day maiden voyage, a significant milestone in its journey towards commissioning. Equipped with a world-class electromagnetic catapult, the Fujian is set to enhance the capabilities of the People's Liberation Army (PLA) Navy. According to experts, this strategic platform will play a crucial role in safeguarding maritime and aerial security. The PLA Navy announced that the Fujian will undergo further tests as per the planned schedule.... More

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China and Serbia Forge Closer Ties

Chinese President Xi Jinping and Serbian President Aleksandar Vucic have signed a joint statement to establish a community with a shared future, marking Serbia as the first European nation to engage in such a partnership with China. This agreement, signed in Belgrade, aims to deepen the comprehensive strategic partnership between the two countries, building on their eight-year relationship. The initiative reflects a mutual strategic choice aimed at enhancing the quality of life for both nations' peoples.

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Controversial Apple Ad Sparks Outrage

Apple's latest iPad Pro advertisement has ignited significant backlash after going viral for its contentious content. Released by CEO Tim Cook, the ad showcases a range of creative tools, from a metronome to a piano, placed under a hydraulic press only to be dramatically crushed. This depiction, intended as a metaphor for innovation, has instead led many to express their displeasure on social media, criticizing the ad's message and approach.

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House Defeats Effort to Oust Speaker Johnson

The House of Representatives voted decisively against Representative Marjorie Taylor Greene's attempt to remove Speaker Mike Johnson from his leadership role. This vote, significantly bolstered by Democratic support, marks a critical victory for Johnson, allowing him to shift focus to other legislative priorities. Despite the win, Johnson’s reliance on Democratic votes may attract further scrutiny from more conservative members of his party.

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