> ## Documentation Index
> Fetch the complete documentation index at: https://docs.canton.network/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> Glossary of Canton Network, Splice, and CNS terminology

<div className="glossary">
  ACS

  > `Active Contract Set`

  Active Contract Set

  > The set of contracts that are currently active on the ledger as per the view of a given participant.

  Amulet

  > The generic name for the code and the logic implementing Canton Coin.

  Amulet Name Service

  > The generic name for the code and logic implementing the Canton Name Service.

  CC

  > `Canton Coin`

  CN

  > `Canton Network`

  Canton Network

  > A network of multi-party business processes operated by business entities in the form of CN applications.

  CN Application

  > A set of Canton participant and domain nodes and supporting code operated by a single business entity for the purpose of providing access to a particular multi-party business process to other entities on the Canton network.

  BFT

  > Byzantine Fault Tolerance. A property of a distributed system that allows it to continue operating correctly in the presence of a certain number of faulty nodes. Typically `f` denotes the number of faulty nodes that the system can tolerate. Across all layers of Splice, `f` corresponds to slighly less than 1/3 of the total number of SVs (`floor((n-1)/3)`, to be exact).

  CN Global Synchronizer

  > * global synchronization domain
  > * can host small apps directly on domain
  > * acts as shared synchronization domain to intermediate between different apps' domains
  > * run by super validator collective with BFT
  > * domain usage costs `synchronizer fees` which are paid in Canton Coin by the operator of each validator

  Canton Coin

  > * utility token minted by Validators, Application Providers and Super Validators as rewards for activity completed on the Global Synchronizer
  > * used for `synchronizer fees`
  > * coins accrue holding fees that pay for the coin's usage of Super Validator storage space
  > * all CC transactions are public
  > * supports locked coins that can be unlocked by lock holder
  > * support transfers single sender, multi-receiver transfers
  > * transfers cost admin fees and produce app reward for receiver and validator reward for validator that hosts sender
  > * transfers are associated to mining rounds
  > * rewards can be collected in next mining round

  CN Validator

  > * One node in the CN
  > * consists of canton participant, validator app, wallet app
  > * validator app for admin operations by the validator operator like user/party management

  CN Supervalidator

  > * One node in the CN
  > * In addition to CN Validator components, also consists of canton sequencer, canton mediator, sv app and scan app
  > * sv app for admin operations of the `CN Global Synchronizer`
  > * scan app for providing publicly visible data

  CN Wallet

  > * provides payment APIs for other apps to build upon ("pay with CC") and corresponding UI, e.g., approve payment
  > * used by CN users to manage their CC holdings & reward collection
  > * provides UI for managing peer-to-peer transfers between two users

  Canton Name Service (sometimes also called directory service)

  > * allows parties to buy a globally unique, human readable name for a time period mapped to their party (similar to DNS)
  > * allows each party to declare one of their entries as the primary entry which is used to provide a human readable name to their party (similar to reverse DNS)
  > * provides APIs for resolution in both directions that can be used by other apps (e.g., the wallet) to display and accept CNS names instead of party ids

  Canton Foundation

  * Foundation charged with fostering the development and growth of the Global Synchronizer in the Canton Network, and facilitate its governance, see [https://sync.global/](https://sync.global/).

  CF

  > * abbreviation for `Canton Foundation`

  Splice

  > * The name of the HyperLedger lab project that will host the code for Amulet, DSO governance, Amulet Name Service, SV nodes, and validator nodes.

  Synchronizer fees

  > [traffic](/global-synchronizer/deployment/synchronizer-traffic)
</div>
