Tokenchain Validation Process

The Tokenchain validation process is a crucial part of the Rubix protocol. Here's how it works:

• Each transaction is validated by a quorum, which ensures finality at the Tokenchain level. A minimum of one validator is required, and the quorum size can be increased.
• The validation process proceeds independently for each token.
• A transaction is moved to a "Validated" state once the required validator signatures have been collected.
• Once validated, the transaction is immutably written into the Tokenchain.
• Validators are responsible for maintaining the token's state until the next transaction occurs.