> For the complete documentation index, see [llms.txt](https://docs.clore.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clore.ai/help/glossary.md).

# Glossary

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**1. Blockchain**

A decentralized digital ledger that records transactions across many computers. In the Clore.ai ecosystem, blockchain technology ensures the transparency, security, and immutability of all transactions, fostering trust among users.

**2. Clore Coin (CLORE)**

The native cryptocurrency of the Clore.ai platform. CLORE is used to facilitate transactions, reward participants, and support the platform's overall economy.

**3. Decentralization**

A system where control and decision-making are distributed among multiple participants rather than centralized in a single entity. Clore.ai leverages decentralization to create a more equitable and resilient platform for GPU leasing and cryptocurrency transactions.

**4. GPU (Graphics Processing Unit)**

A specialized electronic circuit designed to accelerate the processing of images and videos. In Clore.ai, GPUs are leased through a decentralized marketplace, allowing users to access high-performance computing power for various tasks like AI development and cryptocurrency mining.

**5. GPU Leasing**

The process of renting out GPU resources to others who need computing power. Clore.ai provides a platform where GPU owners can lease their idle hardware to users needing temporary access to powerful GPUs.

**6. Proof of Holding (PoH)**

A system within Clore.ai that rewards users for holding CLORE coins in their wallets. Unlike traditional staking, PoH offers rewards immediately, providing incentives for long-term holding and contributing to the platform's stability.

**7. Marketplace**

In the context of Clore.ai, the marketplace is a decentralized platform where users can lease or rent GPUs and CLORE coins. It operates on a peer-to-peer model, ensuring transparent and direct transactions between users.

**8. Emission Schedule**

The planned release of CLORE token rewards into circulation over time. Clore.ai's emission schedule follows a decay model (-30% per year) for PoH and marketplace rewards, ensuring controlled distribution and long-term value.

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**9. Staking**

In Clore.ai, staking refers to holding CLORE tokens in the Proof of Holding (PoH) system to earn rewards and reduce marketplace fees. Unlike traditional blockchain staking, PoH does not require transaction validation - simply holding tokens qualifies you for benefits.

**10. Spot Rental**

An interruptible rental option on the Clore.ai platform where GPU resources are allocated at a lower cost. Other users can overbid your offer at any time, making this option best suited for fault-tolerant workloads like cryptocurrency mining or batch processing.

Base fee: 2.5%, reducible by up to 50% with Proof of Holding.

**11. On-Demand Rental**

A flexible rental option where users can lease GPUs from the Clore.ai marketplace on an as-needed basis. This option is ideal for users with varying computational needs.

Base fee: 10%, reducible by up to 50% with Proof of Holding.

**12. MFP Lock (Maximum Fair Price Lock)**

A system allowing GPU hosts to lock CLORE tokens against their servers across three tiers. Tier 1 and Tier 2 earn emission rewards, while all three tiers contribute to reducing extra hoster fees on non-CLORE currency orders. Maximum lock: MFP × 7,000 CLORE.

**13. Extra Fees**

Additional platform fees applied to non-CLORE currency payments (e.g., Bitcoin). Extra hoster fees can be reduced to 0% through MFP Lock tiers. CLORE payments have no extra fees.

**14. USD Stablecoins (USDT/USDC)**

Stablecoins pegged to the US Dollar, supported on Clore.ai for deposits, withdrawals, and rental payments on two networks: Ethereum (ERC-20) and BNB Chain (BEP-20). Both tokens credit to a unified USD balance on the platform.

**15. Airdrop**

A distribution of cryptocurrency tokens to a specific group of users, often used as a marketing strategy or as a reward for platform participation. Clore.ai periodically conducts airdrops to reward users, particularly those participating in the Proof of Holding system.

**16. Compliance**

Adherence to legal and regulatory requirements in the jurisdictions where Clore.ai operates. The platform is committed to maintaining full compliance with relevant laws, ensuring a secure and trustworthy environment for all users.

**17. Tokenomics**

The economic structure of a cryptocurrency, including its supply, distribution, and reward mechanisms. Clore.ai’s tokenomics are designed to ensure long-term sustainability and value growth for the CLORE coin.

**18. Scalability**

The ability of the Clore.ai platform to handle increasing demand without compromising performance. Scalability is a key focus for Clore.ai, ensuring that the platform can grow and serve a larger user base effectively.

**19. Bare Metal**

Dedicated physical GPU servers and clusters rented for fixed terms (from two weeks up to five years) instead of per-minute container rentals. Configurations of up to 1,000 GPUs across multiple regions, priced in USD per GPU per hour.

**20. Partial GPU Rental**

Renting only a subset of the GPUs on a multi-GPU server and paying a proportional price. Available on-demand on homogeneous rigs whose hosts run up-to-date hosting software; each order gets an isolated container with dedicated GPUs.


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