Update glossary in #288

docs/overview/glossary.md

@@ -8,19 +8,19 @@ last_update:
 
 The following is adapted from this [Agora post](https://forum.tezosagora.org/t/nomenclature/2376) by Tezos Co-founder Arthur Breitman. As noted in the post, there is no official body that can authoritatively set Tezos' nomenclature, but the following is recommended:
 
-### Tezos
+- **Tezos**
 
    Used either as a noun or an adjective to designate:
 
    * An open-source project and software (as in, "contributing to the Tezos codebase")
    * A peer-to-peer network of nodes maintaining a blockchain (as in "a Tezos node")
    * The specific Tezos chain with the most economic relevance (as in "the Tezos chain"). In particular, the chain whose [millionth block](https://tzkt.io/BKtC4QCWoF73kxLj773vFpQuuwrnye6PS7T1aM3XEPvFXiQbNu7/endorsements) had hash `BKtC4QCWoF73kxLj773vFpQuuwrnye6PS7T1aM3XEPvFXiQbNu7`.
 
-### Tez
+- **Tez**
 
    A unit of the cryptocurrency native to a Tezos chain, such as in "I sent you 2 tez." Tez is invariable. It is not capitalized except at the beginning of a sentence or when you would otherwise capitalize a noun. "I sent you 2 tez" and not "2 Tez".
 
-### XTZ
+- **XTZ**
 
    XTZ, tez, or ꜩ (`\ua729`, "Latin small letter tz") is the native currency of Tezos.
 
@@ -30,7 +30,7 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
 
 ## Tezos terms
 
-### Block
+- **Block**
 
     The Tezos blockchain is a linked list of blocks (or actually, a tree when several competing branches exist).
     Blocks conceptually contain a header and a list of operations,
@@ -39,7 +39,7 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     The header itself decomposes into a shell header (common to all Tezos economic protocols), and a protocol-specific header.
     The shell header contains protocol-agnostic data such as the predecessor's block hash and the block's timestamp.
 
-### Context
+- **Context**
 
     The state of the blockchain. The context is defined by the
     economic protocol and typically includes information such as
@@ -50,31 +50,31 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     operation can transfer tez from one account to another, which modifies the
     part of the context that tracks account credit.
 
-### Economic protocol
+- **Economic protocol**
 
     The economic protocol is the set of rules defining valid operations and blocks, how the network agrees on the next block to build (the consensus algorithm),
     and how operations update the blockchain state, also called context.
 
     In Tezos, the economic protocol can be upgraded without interruption or
     forking of the blockchain. This is because the procedure for an upgrade is also defined within the economic protocol, which can thus update itself.
 
-### Fitness
+- **Fitness**
 
     (a.k.a. score, weight)
     For each block, the consensus algorithm can compute a score called fitness which determines the quality of the chain leading to that block.
     The shell changes the head of the chain to the valid block that has the highest fitness.
 
-### Height
+- **Height**
 
     See level.
 
-### Level
+- **Level**
 
     (a.k.a. block height)
     The position of a block in the blockchain, that is, the number of blocks
     since the genesis block, where the genesis block is at level 0.
 
-### Mempool
+- **Mempool**
 
     A (block or operation) metadata is a piece of data
     computed as a result of the application of the
@@ -84,35 +84,35 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
 
     A block's metadata is the collections of operations metadata for all the operations included in the block (if the validation was successful).
 
-### Node
+- **Node**
 
     A peer in the P2P network. It maintains a local state and propagates blocks
     and operations.
 
-### Operation
+- **Operation**
 
     An operation transforms the context; this is what makes the state of the chain
     change. Operations are grouped into blocks; thus, the chain progresses in
     batches.
 
-### Score
+- **Score**
 
     See fitness.
 
-### Shell
+- **Shell**
 
     The shell is a software component of the node. It is parameterized by a
     specific economic protocol. It serves as the bridge between the P2P layer
     (handling communication between nodes) and the economic protocol layer
     (handling the context, operation application, scoring, etc.).
 
-### Weight
+- **Weight**
 
     See fitness.
 
 ## Protocol terms
 
-### Accuser
+- **Accuser**
 
     When a delegate attempts double signing (or when it tries
     to abuse the network in another similar way), another delegate can make an
@@ -123,15 +123,15 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     When using Octez, accusation operations are emitted by the
     accuser daemon. Note that this daemon is not associated to a delegate: accusation operations are anonymous, and any delegate can include them in a block.
 
-### Account
+- **Account**
 
     An account is an address managed by the protocol.
     In the context, each account is associated with a balance (an amount of
     tez available).
 
     An account can be a user account or a smart contract.
 
-### Baker
+- **Baker**
 
     When a delegate creates a new block, it is called the baker of this block.
     Baking rights are distributed to different delegates based on their
@@ -143,11 +143,11 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     daemon, on behalf of one or more delegate accounts.
     By extension, a baker designates the owner of such a delegate account, typically running the baker daemon on its behalf.
 
-### Baking
+- **Baking**
 
     The act of creating a new block by a baker.
 
-### Baking rights
+- **Baking rights**
 
     Baking/endorsing a block can only be done by a delegate who holds the
     baking/endorsing right for that block level and round. At the start of a cycle,
@@ -156,7 +156,7 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
 
     For each block level and round, there is exactly one account that is allowed to bake, but several accounts are allowed to endorse.
 
-### Burn
+- **Burn**
 
     To ensure responsible use of the storage space on the public blockchain,
     there are some costs charged to users for consuming storage. These
@@ -167,15 +167,15 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
 
     See also fee.
 
-### Constant
+- **Constant**
 
     Protocols are parameterized by several parameters called protocol constants, which may vary from one protocol to another or from one network to another.
 
-### Contract
+- **Contract**
 
     See account.
 
-### Cycle
+- **Cycle**
 
     A cycle is a sequence of consecutive blocks of fixed length (given by a protocol constant). E.g., cycle 12 started at block
     level 49152 and ended at block level 53248.
@@ -188,7 +188,7 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     constant, and thus might change across different
     Tezos protocols.
 
-### Delegate
+- **Delegate**
 
     A user account that can participate in consensus and in governance.
     Actual participation is under further provisions, like having a minimal stake.
@@ -197,14 +197,14 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     The delegate's rights are calculated based on its stake.
     Note that `tz4` accounts cannot be delegates.
 
-### Delegation
+- **Delegation**
 
     An operation in which an account designates a
     delegate. The delegating account's balance increases the delegate's stake and consequently
     its baking rights and endorsing rights. However, the delegate does not control the funds of
     the delegating account, e.g., it can not spend them.
 
-### Double signing
+- **Double signing**
 
     The situation when a baker signs two different blocks at the same level and same round,
     is called double baking. Double baking is detrimental to the network and might be
@@ -214,7 +214,7 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     network: an accuser can provide proof of the double signing to be awarded
     part of the double signer's deposit -- see Slashing.
 
-### Failing Noop
+- **Failing Noop**
 
     The `Failingnoop` operation implements a *No-op*, which always
     fails at application time, and
@@ -223,17 +223,17 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     sign arbitrary messages which have no
     computational semantics.
 
-### Endorsing
+- **Endorsing**
 
     When a block is created and propagated on the network, delegates that have
     endorsing rights for the matching block level and round can emit an endorsement operation.
     Endorsement operations are included in the next block.
 
-### Endorsing rights
+- **Endorsing rights**
 
     See baking rights.
 
-### Fee
+- **Fee**
 
     To ensure responsible use of computation resources of other nodes, and also to encourage active participation in the consensus protocol,
     users pay fees to bakers for including their operations in blocks.
@@ -244,25 +244,25 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
 
     See also burn.
 
-### Gas
+- **Gas**
 
     A measure of the number of elementary steps performed during
     the execution of a smart contract. Gas is used to measure how
     much computing power is used to execute a smart contract.
 
-### Implicit account
+- **Implicit account**
 
     See [User account](#user-account).
 
-### Layer 1
+- **Layer 1**
 
     The primary blockchain i.e. the Tezos chain. Within any blockchain ecosystem, Layer 1 (L1) refers to the main chain to
     which side chains, rollups, or other protocols connect and settle to. The Layer 1 chain is deemed to be most
     secure, since it has the most value (or stake) tied to it, and be most decentralized and censorship resistant.
     However, transaction space is limited leading to low throughput and possibly high transaction costs.
     See Layer 2.
 
-### Layer 2
+- **Layer 2**
 
     Layer 2 (L2) includes sidechains, rollups, payment channels, etc. that batch their transactions and
     write to the layer 1 chain. By processing transactions on layer 2 networks,
@@ -273,31 +273,31 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     validity or ZK-Rollups [Epoxy](https://research-development.nomadic-labs.com/files/cryptography.html) ,
     zkChannels, and sidechains such as [Deku](https://deku.marigold.dev/).
 
-### Michelson
+- **Michelson**
 
     The built-in language used by a smart contract.
 
-### Minimal stake
+- **Minimal stake**
 
     An amount of tez (e.g., 6000ꜩ) serving as a minimal amount for a
     delegate to have baking rights and voting rights in a cycle.
 
-### Operation kinds
+- **Operation kinds**
 
     The main kinds of operations in the protocol are transactions (to transfer funds
     or to execute smart contracts), accusations, activations, delegations,
     endorsements, and originations.
 
-### Originated account
+- **Originated account**
 
     See smart contract.
 
-### Origination
+- **Origination**
 
     A manager operation whose purpose is to create -- that
     is, to deploy -- a smart contract on the Tezos blockchain.
 
-### Round
+- **Round**
 
     An attempt to reach consensus on a block at a given level.
     A round is represented by an index, starting with 0.
@@ -306,24 +306,24 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     the round's corresponding time span. Baking outside of one's designated
     round results in an invalid block.
 
-### Roll
+- **Roll**
 
     deprecated; see minimal stake.
 
-### Smart contract
+- **Smart contract**
 
     Account which is associated to a Michelson script.
     They are created with an
     explicit origination operation and are therefore sometimes called
     originated accounts. The address of a smart contract always starts
     with the letters `KT1`.
 
-### Smart Optimistic Rollups
+- **Smart Optimistic Rollups**
 
     Smart optimistic rollups constitute a layer 2 solution that can be used to deploy either a general-purpose polyvalent layer 2 blockchain
     (e.g., an EVM-compatible one), or an application-specific DApp.
 
-### Stake
+- **Stake**
 
     The amount of tokens that determines a delegate's weight in the
     governance process and in the selection of its baking and
@@ -332,12 +332,14 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     it. However, there are cases when this is not the case, see
     [here](https://tezos.gitlab.io/active/consensus.html#active-stake-nairobi) for details.
 
-### Transaction
+- **Transaction**
 
     An operation to transfer tez between two accounts, or to run the code of a
     smart contract.
 
-### User account
+<a name="user-account"/>
+
+- **User account**
 
     An account that is linked to a public key. Contrary to a smart
     contract, a user account cannot include a script and it
@@ -349,21 +351,21 @@ The following is adapted from this [Agora post](https://forum.tezosagora.org/t/n
     letters tz followed by 1, 2, 3, or 4 (depending on the
     signature scheme) and finally the hash of the public key.
 
-### Validation pass
+- **Validation pass**
 
     An index (a natural number) associated with a particular kind of
     operations, allowing to group them into classes. Validation passes
     enable prioritizing the validation and
     application of certain classes of
     operations.
 
-### Voting period
+- **Voting period**
 
     Any of the `proposal`, `exploration`, `cooldown`,
     `promotion` or `adoption` stages in the voting procedure when
     amending the economic protocol.
 
-### Voting listings
+- **Voting listings**
 
     The list calculated at the beginning of each voting period that contains
     the staking balance (in number of mutez) of each delegate that owns more