# Glossary

## Intellectual property

COPYING, REPRODUCTION, PRINTING OR DISTRIBUTION OF THIS WHITEPAPER OR ANY OF ITS CONTENT, IN WHOLE OR IN PART, WITHOUT THE EXPLICIT PERMISSION OF Dibblecoin, IS STRONGLY DISCOURAGED AND PROHIBITED. Furthermore, by reading this white paper, the reader absolutely acknowledges that Dibblecoin is the sole owner of the intellectual property expressed in the document. The reader agrees not to duplicate, misinterpret, distribute or reproduce any part of the white paper without prior permission from Dibblecoin.

## Limitation of Liability

You agree to hold Dibblecoin and its associates, representatives, promoters and employees harmless from any direct or indirect losses, liabilities, costs, damages and expenses incurred through the use of any of our products or services.

## **Blockchain**

A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (often represented as a Merkle tree). The timestamp proves that the transaction data existed when the block was published to hash it. As each block contains information about the previous block, they form a chain, with each additional block reinforcing the previous ones. Therefore, blockchains are resistant to modifying their data because, once recorded, data in any block cannot be changed retroactively without changing all subsequent blocks.

## **Ecosystem**

It is an economic community supported by a foundation of interacting organizations and individuals, the bodies of the business world. The economic community produces goods and services of value to customers, who are members of the Ecosystem. Member bodies also include suppliers, lead producers, competitors and other interested parties.

## Smart Contract

A smart contract is a computer program or transaction protocol that is intended to automatically execute, control or document legally relevant events and actions under the terms of a contract or agreement. The goals of smart contracts are reducing the need for trusted intermediaries, arbitration and enforcement costs, fraud losses, as well as reducing malicious and accidental exceptions.
