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What is a Tokenchain?

Tokenchain in Rubix is a dedicated transaction history, bound to a single token. Each Tokenchain acts as a chronological record of state transitions for the token from its point of origin to its current state.

Tokenchain Block Structure

Each Tokenchain entry (i.e., transaction) captures:

FieldDescription
Initiator DID signatureThe digital identity of the node initiating the transaction
Token informationReferencing the specific RBT or fungible token
New state changeUpdated data or ownership
Validator DID(s) and signaturesNodes that verified and endorsed the transaction
TimestampCapturing the precise event time

Token Chain