Inside a Transaction Lifecycle: From Client to Blockchain
All valid Qredit transactions begin as user-submitted data and end as immutable history on the Qredit blockchain. This column outlines a transaction’s journey from client to blockchain in general terms. While the implementation specifics will depend on the platform used to submit the transaction, Qredit’s extensive SDK coverage ensures that developers experience a unified development workflow across languages and platforms.
All transactions are serialized on client applications prior to submission to Qredit Core nodes. Every Crypto SDK includes functionality for serializing transactions from raw data into the binary transaction format supported across the Qredit blockchain topology. Look for a
builder module within your chosen SDK that contains methods to chain data onto the transaction type of your choice.
getStruct, which will return a formatted transaction for submission to the Qredit blockchain. Use this object, or an array of such objects, to invoke the
transactions.store() method in your Client SDK.
No node will accept a transaction without a valid signature from a private key. Make sure you invoke the SDK builder’s
sign method on your transaction object using the sender’s private key.
Submit to Qredit Core Node
End users most commonly submit transactions to Qredit Core nodes using Client. SDK’s
transactions/store function. This function will send a POST request with transaction data to the Qredit Core node specified as the connection URL parameter when creating a Client instance.
Receive and Validate at Node
Transactions are received at the POST
transactions endpoint of the Public API corresponding to your version of Qredit (we assume v2 in this chapter).
Before interacting with Qredit Core internals in any way, all requests are first validated by the API endpoint schema. Each endpoint schema defines the structure that requests to that endpoint should conform to. All Client SDKs create API requests to conform to this standard, so following the SDK guidelines will typically result in your transaction passing validation.
Notably, no blockchain-level validation occurs at this earliest stage in the transaction lifecycle. Request validation ensures that your POST request can be understood by the network, not that the data it contains represents a valid transaction. This task falls to the next class to handle transaction requests: the TransactionGuard.
Add to Transaction Guard
Assuming validation is successful, the posted transactions are processed by the request handler, which passes the data to the TransactionGuard for validation.
All transactions submitted to the guard are returned in one of four arrays:
Internally, the guard processes transactions in its
validate method by separating:
- transactions already in the pool
- transactions from blocked senders
- transactions from the future
- transactions with low fees for broadcast/pool inclusion
- transactions that fail to conform to their transaction type
At this point, Qredit Core has a list of incoming transactions to add to the transaction pool. The guard now checks the pool to see whether it is at capacity. If so, the guard compares the incoming transactions against the pooled transactions and removes the transactions with the lowest fees.
Add to Transaction Pool
The transaction pool is an in-memory data store that holds transactions before forging. All transactions are saved in this pool alongside the following metadata:
- the insertion sequence, or when the transaction was added relative to the others in the pool
- the pingCount, or the count of how many times this Qredit Core node has received this transaction from its peers
Before a transaction is added to the pool, a “pool charge” is made against the sending account. This transaction is not applied in full until the transaction is included in a block, and is reverted should the transaction drop out of the pool for any reason. The point of the “pool charge” is to preemptively apply the transaction’s effects to the account in question so that another transaction can not spend that value. This minimizes the possibility of a double spend, as the transaction pool will reject transactions that spend the same value twice.
All nodes broadcast the transactions they receive to their peers through the P2P API. Thus, as your transaction awaits forging, it will be joined in the pool by other uncommitted transactions from across the network.
When deciding on which transactions to include in the block, the transaction pool considers two factors: fee value and pool insertion time. The pool prefers transactions with higher fees and decides between transactions with similar fees by comparing their insertion sequence numbers. These considerations may be configured as described in dynamic fees.
Enter the Forging Sequence
Transactions move out of the pool once a forging Delegate is ready and eligible to forge it. At the moment of forging, transactions in the forger’s pool are grouped into a potential block and passed to the delegate’s
forge method for inclusion in a block.
forge method, all transaction values, fees, and IDs within the block are added together. The values and fees are used to calculate block metadata, while the hashed IDs are concatenated and used as the block’s
With this information in hand, the block data and sorted transactions are passed to the crypto library’s
Block.create method alongside the forging delegate’s keys.
Create the Block
Block.create method uses the following algorithm to create a new block:
- Derive the delegate’s public key from the function’s
- Create a payload hash by serializing the block data into a binary-encoded format.
- Create a SHA256 hash by using the payload hash as input.
- Sign the SHA256 hash with the delegate’s private key.
- Create a block ID using the hashed block data.
- Cast the data into a Block model using the new transaction and block ID.
- Return the casted Block object.
Here, the cryptographic functions used by Qredit to generate hashes are identical to those used by Bitcoin. These functions are battle-tested by years of use and analysis in Bitcoin. Resources to learn more about the block creation process can be found in Bitcoin educational materials as well as relevant Qredit documentation on serialization.
Fire Block and Transaction Creation Events
With the forged block successfully returned to the forger library, the only remaining responsibility is to let the network know about the new block.
The forged block is relayed to peers through the P2P API and the Event Emitter API broadcasts
n+1events for each block of
n transactions: one for each transaction and one for the block itself.
Depending on the webhooks registered on a given node, this is also the point at which the forger node will inform all relevant webhook subscribers about the creation of a new block with new transactions.