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Define Verifier and SEA

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Troy McConaghy 2018-11-30 10:47:59 +01:00
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content/concepts/terminology.md
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@ -27,6 +27,16 @@ Someone who wants assets. An example is a data scientist working at an economic
A service where publishers can list what assets they have, and consumers can see what's available then buy it (or get it for free). The Ocean network supports many marketplaces/tribes.
## Verifier
A person or a software service that checks some steps in transactions. For example, a verifier might check to see if a cryptographic signature is valid and then get rewarded for doing so.
## Service Execution Agreement (SEA)
A contract-like agreement between a provider, a consumer, and a verifier, specifying what data assets are to be delivered (from provider to consumer), the conditions that must be met, and the rewards for fulfilling the conditions.
We published an [Ocean Protocol blog post that explains SEAs in more detail](https://blog.oceanprotocol.com/exploring-the-sea-service-execution-agreements-65f7523d85e2).
## More Terminology
See the page about Ocean's [Software Components](/concepts/components/).