Public Good

A public good is a product or service that is non-excludable and non-rivalrous. This means that no one can be prevented from using the good, and one person’s use of the good does not reduce availability to others. In the digital context, a public good is information or software that can be freely accessed and used by anyone without diminishing its availability. Examples include open-source software, freely accessible databases, and online encyclopedias.

Many projects in the crypto space strive to provide public goods, including Ethereum and Pheasant Network.

Protocol Fee

A protocol fee refers to a charge levied on users by the underlying infrastructure of a network for using its services. On Pheasant Network, this is one of two ...