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 of seven validators, which ensures finality at the Tokenchain level.
- The validation process proceeds independently for each token.
- A transaction is moved to a "Validated" state when five 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.