Glossary of Terms
This section defines the key terms and concepts used within the Bridgoro Exchange platform.
A
Active User - A User who has completed at least one P2P transaction.
Asset / Crypto Asset - A cryptocurrency supported by the platform (BTC, ETH, TRX, SOL, XMR).
Asset Pair (Pair) - Two assets that can be exchanged (e.g., BTC/ETH, ETH/XMR). Each Pair has an Input Asset (selling) and an Output Asset (buying).
Asset Transfer - Sending crypto assets from one wallet to another.
B
Banned User - A User whose account has been restricted due to violations or prolonged inactivity.
Blockchain Adapter - A pluggable module connecting the platform to blockchains.
Blockchain Confirmation Time Frame - The confirmation time required per blockchain.
BRGX - Internal platform currency (database-based, not blockchain) used for gamification and paid features.
Buffer Wallet - A temporary escrow wallet created by the system for each Deal.
Buyer - A User who accepts an Exchange Offer and creates a Deal.
C
CAPTCHA - Security check to prevent automated abuse.
Close Deal - Setting a Deal to Expired, Completed, or Rejected.
Collector Module - System that consolidates dormant funds from inactive wallets.
D
Dead Asset Amount - Asset amount in a wallet too small to withdraw due to Network Fee.
Dead Wallet - A wallet containing only a Dead Amount.
Dead Wallet Prevention Amount Margin - Minimum balance required to prevent a wallet from becoming unusable.
Deal Status - The stage of a Deal:
Created - Deal created.
Accepted - Deal accepted by Seller.
Rejected - Deal rejected by Seller.
Wait for Transfers - Awaiting Asset Transfers.
Expired - Action time expired.
Completed - Deal successfully completed.
Deal Timeout - The time limit within which a Deal must be completed.
Dumb Fee is the excess amount a user sends beyond the required payment. It's held in the Buffer Wallet instead of being auto-refunded, preventing transaction failures caused by the Escrow Mechanism needing an additional network-fee-dependent transaction.
E
Escrow - Mechanism that locks funds until both parties fulfill requirements.
Exchange Deal (Deal) - A trade agreement between Users to exchange Assets under defined terms (Pair, Exchange Rate, Date, Status).
Exchange Offer (Offer) - A proposal to exchange crypto assets, defined by an Asset Pair and a Total Amount. Offers may be Fixed or Flexible.
Exchange Rate - The price of an Asset Pair.
Exchange Rate Lock - The rate is locked when the Deal is created.
Experience Points (XP) - Points awarded for tasks, transactions, and platform activity.
F
Fee Acknowledgment - A user's consent to platform service fees before initiating transactions.
Fee Compensation - The network fee expenses of the Seller are covered by the Buyer.
Fiat - Money circulating in the traditional banking system.
Fixed Amount Offer (Fixed Offer) - An Offer where the Buyer must purchase the entire Input Asset amount.
Flexible Amount Offer (Float Offer) - An Offer where the Buyer can purchase only part of the Input Asset.
Full Confirmation - Final irreversible blockchain confirmation (e.g., 6 for BTC).
I
Inactive User (Passive User) - A User who has registered but not yet completed any transactions.
L
Level-Specific Privileges - Benefits tied to a User’s level (e.g., limits, reduced fees).
Login 2FA (Two-Factor Authentication) - An extra verification layer for login.
M
Monero Rollback Wallet Address - Required for Monero transactions, since senders cannot be traced.
N
Network Fee - Blockchain fee paid to validators/miners.
Notification - User alerts about events.
Notification Module - System that delivers notifications via email or Telegram.
Service Fee Transparency - Practice of clearly displaying applicable fees to users before transactions.
O
Offer Total Amount - The total Input Asset amount a Seller makes available within an Offer.
P
Partial Confirmation - Initial confirmation level (e.g., 1 for BTC).
Partial Rollback - Returning only excess funds beyond the required transaction value.
Passive User - (See Inactive User).
Price Margin - Difference between market price and Seller’s price (e.g., -0.1% cheaper / +0.1% higher).
R
Repeatable Task - A task repeatable on a schedule (daily, weekly).
Rollback Mechanism - Returning locked funds when a transaction fails or is canceled.
Rollback Transfer - Returning funds from a Buffer Wallet (minus Network Fee).
S
Seller - A User who creates an Exchange Offer.
Service Fee - Platform fee paid by Buyer and/or Seller.
Stablecoin - Divisible blockchain tokens pegged to Fiat.
Submitted Task Statuses -
Available - Task can be accepted.
In Progress - Accepted but not submitted.
Pending Review - Submitted, waiting for review.
Approved - Reviewed and approved.
Declined - Reviewed and declined.
T
Task - A defined objective granting XP or BRGX.
Telegram Bot API - Used to send platform notifications directly to Telegram.
Trade Deal (Deal) - (See Exchange Deal).
U
User - A participant of the platform.
User Level - Rank reflecting activity and achievements; tied to privileges and restrictions.
User Types - Active, Passive, or Banned.
W
Wallet - A crypto wallet (private key).
Withdrawal - The withdrawal of funds, e.g., from a Buffer Wallet by the Seller when deleting an Offer.
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