About MultiChain

MultiChain is a fork of Bitcoin Core.

MultiChain is a permissioned consortium blockchain protocol.

Consensus

MultiChain achieves consensus by validating blocks in a round-robin scheme with a mining-diversity parameter.

All nodes with the addresses with the mine permission take a turn in validating blocks in the network.

The way the mine nodes take turns in validating blocks is determined by the network's mining-diversity parameter.

The mining-diversity parameter can be set to any value between 0 and 1:

• 1 — every mine node in the network must take a turn in block validation per round. This is the strictest setting.
• 0 — not every mine node must take a turn in block validation per round; any mine node can take turns in block validation in a random fashion. This is the loosest setting.

The round-robin scheme is the following:

• Determine the number of nodes with the mine permission in the network.
• Multiply the number of mine nodes by the mining-diversity value to get the value spacing.
• Check if the mine node validating the current block validated a spacing-1 block. If the mine node validated a spacing-1 block, render the block invalid.

The default mining-diversity parameter is 0.3 and cannot be changed once the chain is initialized.

Round-robin example with 10 mine nodes with mining-diversity set to 0.3:

• 10 nodes permitted to validate blocks.
• 10×0.3=3. spacing is 3. spacing-1 is 2.
• Each mine node in the network can validate every third block and cannot validate two blocks in a row.

Service nodes

A MultiChain network is deployed with the following service node:

• Explorer — a node running MultiChain explorer