github.com/btcsuite/btcd@v0.24.0/blockchain/doc.go (about) 1 // Copyright (c) 2013-2014 The btcsuite developers 2 // Use of this source code is governed by an ISC 3 // license that can be found in the LICENSE file. 4 5 /* 6 Package blockchain implements bitcoin block handling and chain selection rules. 7 8 The bitcoin block handling and chain selection rules are an integral, and quite 9 likely the most important, part of bitcoin. Unfortunately, at the time of 10 this writing, these rules are also largely undocumented and had to be 11 ascertained from the bitcoind source code. At its core, bitcoin is a 12 distributed consensus of which blocks are valid and which ones will comprise the 13 main block chain (public ledger) that ultimately determines accepted 14 transactions, so it is extremely important that fully validating nodes agree on 15 all rules. 16 17 At a high level, this package provides support for inserting new blocks into 18 the block chain according to the aforementioned rules. It includes 19 functionality such as rejecting duplicate blocks, ensuring blocks and 20 transactions follow all rules, orphan handling, and best chain selection along 21 with reorganization. 22 23 Since this package does not deal with other bitcoin specifics such as network 24 communication or wallets, it provides a notification system which gives the 25 caller a high level of flexibility in how they want to react to certain events 26 such as orphan blocks which need their parents requested and newly connected 27 main chain blocks which might result in wallet updates. 28 29 # Bitcoin Chain Processing Overview 30 31 Before a block is allowed into the block chain, it must go through an intensive 32 series of validation rules. The following list serves as a general outline of 33 those rules to provide some intuition into what is going on under the hood, but 34 is by no means exhaustive: 35 36 - Reject duplicate blocks 37 - Perform a series of sanity checks on the block and its transactions such as 38 verifying proof of work, timestamps, number and character of transactions, 39 transaction amounts, script complexity, and merkle root calculations 40 - Compare the block against predetermined checkpoints for expected timestamps 41 and difficulty based on elapsed time since the checkpoint 42 - Save the most recent orphan blocks for a limited time in case their parent 43 blocks become available 44 - Stop processing if the block is an orphan as the rest of the processing 45 depends on the block's position within the block chain 46 - Perform a series of more thorough checks that depend on the block's position 47 within the block chain such as verifying block difficulties adhere to 48 difficulty retarget rules, timestamps are after the median of the last 49 several blocks, all transactions are finalized, checkpoint blocks match, and 50 block versions are in line with the previous blocks 51 - Determine how the block fits into the chain and perform different actions 52 accordingly in order to ensure any side chains which have higher difficulty 53 than the main chain become the new main chain 54 - When a block is being connected to the main chain (either through 55 reorganization of a side chain to the main chain or just extending the 56 main chain), perform further checks on the block's transactions such as 57 verifying transaction duplicates, script complexity for the combination of 58 connected scripts, coinbase maturity, double spends, and connected 59 transaction values 60 - Run the transaction scripts to verify the spender is allowed to spend the 61 coins 62 - Insert the block into the block database 63 64 # Errors 65 66 Errors returned by this package are either the raw errors provided by underlying 67 calls or of type blockchain.RuleError. This allows the caller to differentiate 68 between unexpected errors, such as database errors, versus errors due to rule 69 violations through type assertions. In addition, callers can programmatically 70 determine the specific rule violation by examining the ErrorCode field of the 71 type asserted blockchain.RuleError. 72 73 # Bitcoin Improvement Proposals 74 75 This package includes spec changes outlined by the following BIPs: 76 77 BIP0016 (https://en.bitcoin.it/wiki/BIP_0016) 78 BIP0030 (https://en.bitcoin.it/wiki/BIP_0030) 79 BIP0034 (https://en.bitcoin.it/wiki/BIP_0034) 80 */ 81 package blockchain