Gen6 Dictionary

Validator A participant in the Gen6 network responsible for creating blocks and securing the blockchain. Validators are essential for consensus and trust.

Validator Owner The individual or entity that controls and manages a validator. The owner sets it up, maintains it, and is ultimately responsible for its performance.

Node Validators are often referred to as "Nodes". It is not an official terminology, but used by the community like "node" or "validator node".

Blockchain Administrator A person responsible for managing and maintaining the blockchain network's nodes and infrastructure. In Gen6, a blockchain administrator ensures nodes and validators run smoothly, applies software updates, monitors performance, enforces security policies, and helps keep the ecosystem stable and reliable.

Blockchain Network A system of interconnected computers (called nodes) that work together to maintain a shared digital ledger. In a blockchain network, every transaction is recorded, verified, and stored across all nodes, making the system secure, transparent, and resistant to tampering. The Gen6 blockchain network is powered by validators and community participants who keep it decentralized and trustworthy.

G6 Network The organization behind the development and growth of the Gen6 ecosystem. G6 Networks builds the infrastructure, tools, and services that power the network, driving innovation in decentralized identity, governance, and blockchain-based applications.

G6 aka G6 Technology The core blockchain technology developed by G6 Networks. Built on Substrate, G6 provides a secure, scalable, and fast foundation for decentralized applications, digital identity, and peer-to-peer value exchange.

Gen6 Community The global community of people who use, build on, and contribute to the Gen6 ecosystem. The Gen6 community values support, collaboration, and shared growth, forming the social layer that gives life to balance between real life and technology.

Parking The act of locking up GSX tokens to secure them and to support the ecosystem. In return, participants earn rewards for contributing to personal and network security. Parked tokens cannot be transferred, so even if a private key is compromised, there might be enough time to take action to secure the funds through Gen6 Governance.

Substrate Address The address format native to Substrate (the framework Gen6 is built on). It’s used for managing assets and identities in Gen6.

Gen6 Address A unique identifier used to send, receive, and interact within the Gen6 ecosystem.

Gen6 Identity Your verified profile in the Gen6 ecosystem. It connects your addresses, trust score, and on-chain reputation. Notably, we don't use the "profile" terminology.

Gen6’s LinkFree aka Gen6 Me

A decentralized, blockchain-powered alternative to traditional “link-in-bio” tools. LinkFree lets users create a profile with all their important links - socials, websites, projects, and wallets - while keeping full ownership of their data and identity. Unlike centralized platforms, Gen6's LinkFree is transparent, censorship-resistant, and connected to the wider Web3 ecosystem.

Token A digital unit of value created and managed on a blockchain. Tokens can represent many things: assets, access rights, governance power or currencies. In the Gen6 ecosystem, the GSX token is used for using dApps, enabling permission systems, governance, asset transfers and rewarding community participation.

GSX The native token of Gen6. It powers transactions, staking, governance, and ecosystem activities.

Governance The process by which GSX holders vote on proposals, upgrades, and rules that shape the future of the Gen6 network.

DAO (Decentralized Autonomous Organization) A community-led structure where rules and decisions are made transparently on the blockchain, without centralized leadership.

Blockchain Consensus The mechanism by which nodes in Gen6 agree on the state of the blockchain. It ensures everyone shares the same, verified history.

Web2 The traditional, centralized internet where most services are controlled by large corporations.

Web3 The decentralized internet built on blockchain and other modern technologies, where users own their data, assets, and identities.

Blockchain A distributed digital ledger that records transactions securely, transparently, and immutably.

Distributed Ledger Technology (DLT) Any system (including blockchain) that allows secure record-keeping across multiple computers without a central authority.

Crypto Short for cryptocurrency and cryptography. Most people typically use it to refer to digital assets like GSX, Bitcoin, or Ethereum. The original term was first used by mathematicians, hackers and crypherpunks referring to cryptography. Better to avoid the use of this word.

Cryptocurrency A digital form of money secured by cryptography and powered by blockchain, enabling direct, peer-to-peer transactions.

Cryptography The science of securing data through mathematical methods, ensuring privacy, authenticity, and protection against fraud.

Storage The act of keeping digital data safe for future use. In blockchain and Web3, storage can be centralized (servers controlled by companies) or decentralized (data distributed across many independent nodes). Decentralized storage ensures resilience, transparency, and freedom from single points of failure.

IPFS (InterPlanetary File System) A decentralized storage and file-sharing network that allows data to be stored and accessed across multiple nodes instead of relying on one central server. IPFS is often used in Web3 for hosting websites, storing NFTs, and sharing large files securely.

Bitcoin (BTC) Bitcoin is a decentralized, peer-to-peer digital currency. The first cryptocurrency, launched in 2009 by the pseudonymous creator(s) Satoshi Nakamoto. Bitcoin introduced the world to blockchain technology and is primarily used as a decentralized digital currency and store of value. It started the movement towards Web3 and a more decentralized internet.

Nick Szabo A computer scientist, legal scholar, and cryptographer who is widely credited with inventing the concept of the smart contract in the 1990s. Szabo is also known for his work on digital money systems like Bit Gold, which strongly influenced Bitcoin. While not confirmed, some in the crypto community have speculated that he could be Satoshi Nakamoto or part of them team creating Bitcoin. He is the author of the original Smart Contract idea.

Smart Contract A self-executing program that automatically carries out an agreement when predefined conditions are met. In Web3, smart contracts remove the need for intermediaries, ensuring trust, transparency, and automation in transactions and applications. They are also the backbone of decentralized finance (DeFi), NFTs, and many Web3 platforms.

Ethereum (ETH) A blockchain platform launched in 2015 that expanded blockchain’s use beyond digital money. Ethereum introduced smart contracts (programs that run on the blockchain, inside Ethereum Virtual Machine aka EVM) enabling decentralized applications (dApps), decentralized finance (DeFi), and NFTs. Its native currency is called Ether (ETH). First to enable decentralized smart contracts and execution on-chain, but with serious scaling and privacy limitations. Co-founders of Ethereum are Vitalik Buterin and Dr. Gavin Wood (code author of EVM).

Polkadot A modern blockchain platform designed to connect multiple blockchains into one unified network. Created by Dr. Gavin Wood, Polkadot enables different blockchains to securely exchange data and assets. Its goal is to make the Web3 ecosystem interoperable, scalable, and upgradeable. Polkadot is built on the Substrate framework, the same technology that powers Gen6.

Trading The act of buying and selling assets such as cryptocurrencies, tokens, or traditional financial instruments, often with the intention of making profit. While trading provides liquidity to markets and movement, in practice it is rarely a useful or value-creating activity. Most trading is motivated by pure profiteering, where the focus is financial gain in the expense of others and not building or contributing to healthy ecosystems.

Artificial Intelligence (AI) The field of computer science focused on building systems that can perform tasks requiring human-like intelligence - such as learning, problem-solving, pattern recognition, and decision-making. In the Gen6 context, AI can help analyze blockchain data, but cannot see private or communication data.

Large Language Model (LLM) A type of AI trained on massive amounts of text to understand and generate human-like language. LLMs can answer questions, create content, and provide insights by predicting what words should come next.

Big Data Extremely large and complex sets of data that traditional tools cannot process efficiently. Big data techniques allow Gen6 and other ecosystems to analyze trends, detect patterns, and make data-driven decisions at scale.

Machine Learning (ML) A branch of AI where systems improve their performance automatically by learning from data, without being explicitly programmed for every task. ML powers predictive analytics, fraud detection, and personalization.

Neural Networks Computer models inspired by the human brain, used in AI and LLMs to recognize complex patterns in data, like language, images, or behavior.

Natural Language Processing (NLP) The AI discipline that enables machines to understand, interpret, and respond to human language. NLP is the backbone of LLMs.