Here’s a quick guide to some of the terms or phrases that you might run into in Towns. If you’ve been in the web3 space, this won’t be news to you, but if you’re a newcomer to the space, this glossary will help you understand the key concepts and terminology used in Towns.

Core Concepts

  1. Town: A digital community within the Towns platform. Each town is a unique space where users can interact, share content, and engage in various activities.
  2. Channel: A subcategory or area within a town, often dedicated to specific topics or types of content.
  3. Token: Digital assets used within the Towns ecosystem for various purposes, such as governance, rewards, or access to certain features.
  4. Decentralization: The distribution of control and decision-making across the network, rather than being controlled by a single entity.

User Roles and Identities

  1. Founder: The user who created and initially set up a town.
  2. Moderator: A user with special privileges to manage content and users within a town.
  3. Digital Identity: A user's online presence and reputation within the Towns ecosystem.

Features and Functions

  1. Governance: The process by which decisions are made within a town, often involving voting or other consensus mechanisms.
  2. Onchain Interoperability: The ability to connect external apps or services to Towns, expanding its functionality.
  3. Smart Contract: Self-executing contracts with the terms of the agreement directly written into code.
  4. Wallet: A digital tool for storing and managing tokens or other digital assets within Towns.

Technical Terms

  1. Node Operator Network: A decentralized network where computers communicate directly without the need for a central server.
  2. Encryption: The process of encoding information to protect privacy and security. Every chat is encrypted end to end, meaning the encryption happens on the client side and the node operator side.