acronyms-and-abbreviations

Acronyms and Abbreviations

Common Acronyms and Abbreviations in Haircomb

COMB

  • Full Form: Haircomb's native cryptocurrency.
  • Description: The primary token used in the Haircomb ecosystem, issued through the Combbase reward mechanism.

P2WSH

  • Full Form: Pay-to-Witness-Script-Hash.
  • Description: A type of Bitcoin transaction output used in Haircomb to claim COMB rewards. Only the first previously unseen P2WSH output in a Bitcoin block qualifies for a COMB reward.

BTC

  • Full Form: Bitcoin.
  • Description: The blockchain used by Haircomb for consensus and security. Haircomb leverages Bitcoin's Proof-of-Work (PoW) mechanism.

PoW

  • Full Form: Proof-of-Work.
  • Description: A consensus mechanism used by Bitcoin and leveraged by Haircomb to secure its network.

OTS

  • Full Form: One-Time Signature.
  • Description: A cryptographic signature scheme used in Haircomb to ensure quantum resistance. Each signature can only be used once.

SHA-256

  • Full Form: Secure Hash Algorithm 256-bit.
  • Description: A cryptographic hash function used in Haircomb for key generation, hashing, and securing transactions.

DHT

  • Full Form: Distributed Hash Table.
  • Description: A decentralized storage system used in Haircomb for off-chain data management.

Merkle Tree

  • Full Form: N/A.
  • Description: A tree-like data structure used in Haircomb to efficiently verify data integrity and route transactions.

NAT

  • Full Form: N/A.
  • Description: A unit of value in Haircomb, often used interchangeably with COMB.

ECDSA

  • Full Form: Elliptic Curve Digital Signature Algorithm.
  • Description: A cryptographic algorithm used in Bitcoin for digital signatures. Haircomb uses post-quantum alternatives to ECDSA.

QRL

  • Full Form: Quantum-Resistant Ledger.
  • Description: A term often associated with blockchain systems like Haircomb that are designed to resist quantum computing attacks.

API

  • Full Form: Application Programming Interface.
  • Description: A set of protocols and tools for building software applications. Haircomb provides APIs for developers to interact with its ecosystem.

FAQ

  • Full Form: Frequently Asked Questions.
  • Description: A collection of common questions and answers about Haircomb.

DeFi

  • Full Form: Decentralized Finance.
  • Description: Financial systems built on blockchain technology. Haircomb's constructs, like stacks and contracts, enable DeFi-like functionality.

UTXO

  • Full Form: Unspent Transaction Output.
  • Description: A model used in Bitcoin and Haircomb to track ownership of funds. Each UTXO represents a discrete amount of cryptocurrency.

DApp

  • Full Form: Decentralized Application.
  • Description: Applications built on blockchain networks like Haircomb that operate without a central authority.

P2P

  • Full Form: Peer-to-Peer.
  • Description: A decentralized network model where participants interact directly without intermediaries. Haircomb transactions are P2P.

TLS

  • Full Form: Transport Layer Security.
  • Description: A cryptographic protocol used to secure communication between nodes in the Haircomb network.

RBF

  • Full Form: Replace-By-Fee.
  • Description: A Bitcoin feature that allows users to replace an unconfirmed transaction with a new one that pays a higher fee. Used in Haircomb for claim adjustments.