Libre Chain Docs
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  • The Libre Platform
    • Libre is a Bitcoin-native, decentralized lending marketplace
    • Borrow
    • Lend
    • Run A Libre Node
    • Validators
    • The Smart Contract Platform
      • Building Smart Contracts on Libre
      • Libre Developer Tools
      • Libre Testnet
      • API Docs
  • DeFi on Libre DEX
    • DeFi
    • libreDEX
    • Ordinals
    • Building on Libre
      • How to add a trading pair
  • BitcoinFi on Libre
    • Glossary
  • The LIBRE Reward Coin
    • A reward system for validators and stakers
    • Supply
    • Mint Rush
    • Spindrop
      • How to Claim the LIBRE Spindrop
      • Eligibility Requirements for the LIBRE Spindrop
  • ACCOUNTS AND WALLETS
    • LIBRE Account Names
      • Cryptographic Keys
    • Creating Multiple Accounts
    • Bitcoin Libre Wallet
    • Anchor Wallet
      • Creating a Libre MainNet Account in Anchor
      • Creating a Libre Testnet Account in Anchor
      • Getting Testnet LIBRE Coins
    • Ledger Hardware Wallet
  • EARN
    • Staking
    • Mining
    • Referrals
    • Become a Validator
    • DAO Tax
    • Libre Lightning Provider
  • Governance
    • Voting Power
    • Validator Election
    • Libre DAO
    • Libre Governance Docs
      • Libre Blockchain Operating Agreement (LBOA)
      • Block Producer Agreement
      • Block Producer Minimum Requirements
    • Libre Mainnet Multisig Gov
      • Oct 2024
      • July 2023
      • June 2023
      • April 2023
      • March 2023
      • February 2023
      • December 2022
  • Technical Details
    • Libre Core Constants
    • Mint Rush Details
    • Staking Details
    • Verifying Code Updates
      • Deployed Smart Contract Versions
  • Cross-Chain Interoperability
    • Cross-Chain Overview
    • Bridge Comparison
    • Libre CrossLink Bridge
      • Technical Whitepaper
      • Bitcoin to Libre (Peg-In Process)
      • Libre to Bitcoin (Peg Out)
    • Bitcoin Lightning Network
    • USDT / Ethereum
    • Legacy pNetwork
    • Bitcoin Audit
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  1. BitcoinFi on Libre

Glossary

Libre Glossary of Terms

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Last updated 4 months ago

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Libre - comes from the Latin word līber, via the French and Spanish libre; it shares that root with liberty. It denotes "the state of being free", in the sense of "having freedom" or "liberty".

DPOS - Delegated Proof-of-Stake is the consensus algorithm that runs Libre validator nodes. LIBRE holders stake for voting power and then vote for validators. The top 21 validators by vote weight are considered "active" and the next 6 are "standby" - both active and standby validators are paid.

Wrapped or Pegged BTC and USDT - these assets are tokenized on Libre that are backed 1:1 by assets held in the decentralized Libre Crosslink MPC bridge. This allows these assets to have new capabilities that are not possible on their native chains - such as near instant finality of transactions, send and receive with no fees, and programmability in smart contracts.

There is an easy way that anyone can audit the BTC by looking at the total BTC issued by btc.libre and comparing that to the BTC in all of the addresses in the x.libre accounts table.

The will help you download tables.

Libre Tools website