Chained blocks
A block groups transactions and references the preceding block. This continuity makes it possible to verify history and detect alterations.
Technical information published progressively
Infrastructure documented, without overstatement.
This page presents general blockchain principles and the publication status of BI3LYX technical information. No unconfirmed characteristic is presented as final.
General concepts
What a blockchain is, without shortcuts.
These three principles are general. They do not imply a consensus mechanism or final BI3LYX network parameters.
Public transactions
A transaction describes a transfer of value. Once included in a validated block, it can be viewed publicly by network participants.
Distributed validation
Nodes apply network rules and propagate valid data. No central server is required to maintain a copy of the history.
Network architecture
A peer network with no central point.
Nodes connect to one another, exchange transactions, and propagate blocks. Each participant can verify received data locally.
- Peer discovery and connection maintenance.
- Propagating transactions to neighboring nodes.
- Propagating blocks after applying local rules.
Consensus
The consensus mechanism will be published, not guessed.
Consensus determines how participants agree on block order. The BI3LYX specification has yet to be published.
Selected mechanism
Proof of work, proof of stake, or another model: no claim is published before validation by the technical team.
Validation rules
Difficulty, finality, rewards, and any penalties will be covered in dedicated documentation.
Protocol evolution
The procedures for proposing, testing, and activating updates will be specified before launch.
Blocks and transactions
The general transaction lifecycle.
This overview describes how a blockchain network generally works. BI3LYX-specific parameters will be published separately.
- 01
Creation
A transaction is created and signed locally by the user's wallet.
- 02
Propagation
It is sent to connected nodes, which relay it according to network rules.
- 03
Inclusion
After validation, it is included in a block according to the BI3LYX-specific mechanism.
- 04
Confirmation
The block is propagated and accepted by nodes. The required number of confirmations will be published with the specifications.
BI3 characteristics
What is published. What remains to be published.
One table to avoid ambiguity. Items marked “in preparation” should not be used to make technical or financial decisions.
| Characteristic | Value | Status |
|---|---|---|
| Name | BI3 | Published |
| Symbol | BI3 | Published |
| Type | Native currency of the BI3LYX ecosystem | Published |
| Consensus mechanism | To be published | In preparation |
| Hashing algorithm | To be published | In preparation |
| Maximum supply | To be published | In preparation |
| Decimal places | To be published | In preparation |
| Target block time | To be published | In preparation |
| Fee rules | To be published | In preparation |
| Node hardware requirements | To be published | In preparation |