TrxSys: How to do a basic transaction

TrxSys is an experimental blockchain structured around the concept of Multiplexed Ledger Technology (MLT). A transaction serves the purpose of 1) record data to the TrxSys ledger, 2) send TrxSys cryptocurrency to another user, and 3) perform administrative functions.

A basic transaction on the TrxSys blockchain has these steps:

  • Signup for a TrxSys account.

  • Go to "Transaction" and enter some data. Data can be as simple as "Hello World!". Click "Go".
          [Check it out...]

  • Check that your transaction was written to the ledger. Go to "My Account". Scroll down, click on "Go..."
          [Check it out...]

A more detailed look at a basic transaction

To execute a transaction you must have an account with TrxSys. Registration is easy [Go to Registration...]

There are several ways to execute a transaction. But we will keep this very basic. The easiest way to do a transaction is to go to "Transaction Create" [Link...]

The below screen shot describes the fields involved with creating a transaction using the TrxSys Create a Transaction form. [Go to Transaction...]

Above: Screen shot of Transaction form

In the above screen shot we accepted all the defaults and entered a message of "Hello world!". The "Transaction Type" defaults to "3: Basic Transaction". Regarding "Make Public", if you share the transaction ID then anyone who has the transaction ID will be able to view the transaction.  

 

Above: Screen shot of completed Transaction execution

After you click "Go" on the Transaction form then a "Success" message will be displayed. There is no need to copy this information as it is permanently stored in the TrxSys ledger.  

 

Above: Screen shot of My Account

The "My Account" page provides a link to all transactions that you have sent or received.  

 

Above: Screen shot of My Transactions

The "My Transactions" page lists the transaction IDs of all transactions that you have sent or received. It is possible to download a copy of those transactions as a zip file by clicking on the "link" or all transactions can also be downloaded.

Highlighted in red is a link to the transaction (the transaction ID is displayed). With this link the link will be analyzed and presented in the "Transaction Display Tool."  

 

Above: Screen shot of completed Transaction Display Screen

The "Transaction Display Tool" lists every object on the transaction, decrypts encrypted messages and renders any images that are found. In the screen shot, 1) shows the transaction ID 2) again shows the transaction ID, and 3) shows the original message.

If you have a transaction ID, you can "inspect" it with the "Transaction Inspector" [Go to Transaction Inspector...]

Keep in mind several things:

  • A transaction does not need a recipient. It can be used to simply record data to the TrxSys ledger.

  • Whoever you share the transaction ID with will be able to view the transaction. Setting a transaction as "Private" only means that people will not be able to search for the transaction.

  • Transactions are permanent. Even if you cancel your account, your transactions stay.