> For the complete documentation index, see [llms.txt](https://ccc-23.gitbook.io/credit-chain-coin-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ccc-23.gitbook.io/credit-chain-coin-white-paper/5.proof-of-stake/5.2-terms.md).

# 5.2 Terms

**Bonds:** Bonds are the equivalent of capital expenditure in PoW, such as a miner purchasing hardware and paying for electricity. Bonds are the currencies that verifiers commit as collateral when verifying transactions.

**Slashing**: A proposal introduced in Proof-of-Stake system, where verifiers who violate protocol rules may lose some or all of their stake (bond). When a voting proof is issued for different branches, the branch can destroy the verifier’s bond. This is an economic incentive to prevent verifiers from confirming multiple branches and causing forks.

**Super Majority**: Super majority refers to the majority of verifiers that hold 2/3 of the total number of bonds. A super majority vote indicates that the network has reached consensus and it takes at least 1/3 of the network maliciously vote to invalidate a branch. This would make the economic cost of an attack reach 1/3 of the staked market value.
