Replace 'vibrant' with 'transparent' and 'vibrancy' with 'transparency' in both the README and the settings screen.
Vibrant means having energy. It's not clear what 'vibrant' means in terms of a terminal
Currently 'vibrancy' needs to be explained - using the term 'transparent'. Which probably means transparent is a better name.

This actually refers to a specific term: https://developer.apple.com/design/human-interface-guidelines/macos/visual-design/translucency/
On Windows, MS's latest implementation is called "Acrylic background" (https://docs.microsoft.com/en-us/windows/uwp/design/style/acrylic), but it's supported on Insider Builds only so far.
The background style used on the latest stable is the same as Windows Aero, but MS has deprecated this name AFAIK.
I wonder if 'Acryllic' could be better on Windows, and 'Translucency' or 'Vibrancy' on Mac, per those links.
I'd argue that macOS users are generally aware of vibrancy as a "brand name", but dynamically renaming it to Acrylic on Windows would probably be nice.
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I'd argue that macOS users are generally aware of vibrancy as a "brand name", but dynamically renaming it to Acrylic on Windows would probably be nice.