backing

Also: bought, bytes bought, backed

Blockspace bought for a token's purpose. A transaction is bought for a token when it exists for that token's operation: its inputs and outputs, including the funding input, serve the operation and nothing else. Bytes a token merely rides are carriage, measured in full and never backing.

A failed operation whose failure the protocol's own ledger records still bought its blockspace, and those bytes count as backing. Failed demand that left no record in any protocol's ledger is measured separately and is never backing.

Used by: block.space

Used on #

• Attribution and the Shared Claim Axiom
• BTP, the Blockspace Token Protocol
• Carriage and the free-ride index
• carriage
• block.space

Sources #

1. block.space docs: BTI · block.space/docs/bti