.. glossary:: :sorted: payment The process of sending tokens from one account to another. May be composed of multiple transfers (Direct or HTL). A payment goes from :term:`Initiator` to :term:`Target`. payment channel An object living on a blockchain that has all the capabilities required to enable secure off-chain payment channels. channel identifier Identifier assigned by :term:`Token Network` to a :term:`Payment Channel`. Must be unique inside the :term:`Token Network` contract. See the :ref:`implementation definition <channel-identifier>`. Unidirectional Payment Channel Payment Channel where the roles of :term:`Initiator` and :term:`Target` are determined in the channel creation and cannot be changed. Bidirectional Payment Channel Payment Channel where the roles of :term:`Initiator` and :term:`Target` are interchangeable between the channel participants. Raiden Channel The Payment Channel implementation used in Raiden. Off-Chain Payment Channel The portion of a Payment Channel that is used by applications to perform payments without interacting with a blockchain. Token Network A network of payment channels for a given Token. Raiden Network A collection of Token networks. Transfer A movement of tokens from a :term:`Sender` to a :term:`Receiver`. Direct Transfer A non-refundable non-cancellable off-chain Payment done with a single Transfer. Token Swaps Exchange of one token for another. HTL Transfer An expirable potentially cancellable Transfer secured by a Hash Time Lock. Hash Time Locked Transfer Mediated Transfer A token Transfer composed of multiple HTL transfers. Hash Time Lock HTL An expirable lock locked by a secret. HTL Commit The action of asking a node to commit to reserving a given amount of token for a :term:`Hash Time Lock`. This is the message used to find a path through the network for a transfer. HTL Unlock The action of unlocking a given :term:`Hash Time Lock`. This is the message used to finalize a transfer once the path is found and the reserve is acknowledged. lock expiration The lock expiration is the highest block_number until which the transfer can be settled. merkletree root locksroot The root of the merkle tree which holds the hashes of all the locks in the channel. lockhash The hash of a lock. ``sha3_keccack(lock)`` locked amount Total amount of tokens locked in all currently pending :term:`HTL` transfers sent by a channel participant. This amount corresponds to the :term:`locksroot` of the HTL locks. secrethash The hash of a :term:`secret`. ``sha3_keccack(secret)`` balance proof Participant Balance Proof BP Signed data required by the :term:`Payment Channel` to prove the balance of one of the parties. See the :ref:`message definition <balance-proof-message>`. withdraw proof Participant Withdraw Proof Signed data required by the :term:`Payment Channel` to allow a participant to withdraw tokens. See the :ref:`message definition <withdraw-proof-message>`. cooperative settle proof Signed data required by the :term:`Payment Channel` to allow :term:`Participants` to close and settle a :term:`Payment Channel` without undergoing through the :term:`Settlement Window`. See the :ref:`message definition <cooperative-settle-proof-message>`. nonce Strictly monotonic value used to order off-chain transfers. It starts at ``1``. It is a :term:`balance proof` component. chain id Chain identifier as defined in EIP155. Message Any message sent from one Raiden Node to the other. Initiator The node that sends a :term:`Payment`. Target The node that receives a :term:`Payment`. Mediator A node that mediates a transfer. Sender The node that is sending a Message. Receiver The node that is receiving a Message. Inbound Transfer A :term:`locked transfer` received by a node. The node may be a :term:`Mediator` in the path or the :term:`Target`. Outbound Transfer A :term:`locked transfer` sent by a node. The node may be a :term:`Mediator` in the path or the :term:`Initiator`. Monitoring Service MS The service that monitors channel state on behalf of the user and takes an action if the channel is being closed with a balance proof that would violate the agreed on balances. Responsibilities - Watch channels - Delegate closing Pathfinding Service A centralized path finding service that has a global view on a token network and provides suitable payment paths for Raiden nodes. Raiden Light Client A client that does not mediate payments. Sleeping Payment A payment received by a :term:`Raiden Light Client` that is not online. Capacity Current amount of tokens available for a given participant to make transfers. Deposit Amount of token locked in the contract. Transferred amount Monotonically increasing amount of token transferred from one node to another. Net Balance Net of balance in a contract. May be negative or positive. Negative for ``A(B)`` if ``A(B)`` received more tokens than it spent. For example ``net_balance(A) = transferred_amount(A) - transferred_amount(B)`` Challenge Period The state of a channel initiated by one of the channel participants. This phase is limited for a period of ``n`` block updates. Challenge Period Update Update of the channel state during the :term:`Challenge period`. The state can be updated either by the channel participants, or by a delegate (:term:`MS`). Settlement Window Settle Timeout The number of blocks from the time of closing of a channel until it can be settled. Reveal Timeout The number of blocks in a channel allowed for learning about a secret being revealed through the blockchain and acting on it. Settle Expiration The exact block at which the channel can be settled. Fee Model Total fees for a Mediated Transfer announced by the Raiden Node doing the Transfer. Secret A value used as a preimage in a :term:`Hash Time Locked Transfer`. Its size should be 32 bytes. Partner The other node in a channel. The node with which we have an open :term:`Payment Channel`. Participants The two nodes participating in a :term:`Payment Channel` are called the channel's participants. Additional Hash additional_hash Hash of additional data used on the application layer. This can for example be some form of payment metadata. The Raiden Network protocol does not use or enforce the type or content of this additional data. Payment Receipt TBD