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:
Field | Description |
---|---|
Initiator DID signature | The digital identity of the node initiating the transaction |
Token information | Referencing the specific RBT or fungible token |
New state change | Updated data or ownership |
Validator DID(s) and signatures | Nodes that verified and endorsed the transaction |
Timestamp | Capturing the precise event time |