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ChainLog is a decentralized, tamper-proof logging and audit system. It provides an immutable public record for any application that needs verifiable, timestamped data history where trust is distributed.

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ChainLog

ChainLog is a decentralized, tamper-proof logging and audit system. It provides an immutable public record for any application that needs verifiable, timestamped data history where trust is distributed.

Instead of moving money, ChainLog moves trust - providing cryptographic proof that data existed at a certain time and hasn't been modified since, and it happens right in your terminal.


Development Status: Peer-to-peer networking is currently under development. The current version operates as a single-node system with all core blockchain functionalities fully operational. However, it is not yet ready for real-world use until networking is implemented. Also although users can become validators by staking Logcoins, the actual network-wide validation of other users’ blocks is not yet implemented....

Table of Contents

  1. Core Concepts
  2. Getting Started
  3. CLI Commands
  4. LogCoin Economy
  5. Architecture

Core Concepts

1. BLOCKCHAIN BASICS

  • Blocks: Data containers that get chained together
  • Mining: Process to add new blocks to the chain
  • Nodes: Computers that run the network
  • Consensus: All nodes agree on the same data

2. DATA STORAGE

  • Store any information: messages, files, records
  • Timestamped and ordered
  • Immutable - can't be changed once added
  • Transparent - everyone can see it

3. NETWORK

  • P2P: Computers connect directly to each other
  • Broadcast: New data gets sent to all nodes
  • Validation: Nodes verify data is valid
  • Sync: All nodes stay updated

4. SECURITY

  • Cryptography: Data is cryptographically signed
  • Proof-of-Work: Mining prevents spam/attacks
  • Digital Signatures: Prove who created data
  • Hashing: Link blocks together securely

5. WALLET & IDENTITYTITY

  • Key Pairs: Public/private keys for each user
  • Addresses: Unique IDs derived from public keys
  • Signing: Users sign their transactions
  • Verification: Anyone can verify signatures

6. TRANSACTIONS

  • Data Payload: The actual information being stored
  • Sender: Who created it
  • Signature: Proof it's authentic
  • Timestamp: When it was created

7. MINING

  • Proof-of-Work: Solve math problem to add block
  • Difficulty: Adjusts to keep block time consistent
  • Reward: Motivation for miners (could be reputation)
  • Competition: Miners race to find next block

Getting Started

Installation

Download the latest release for your platform from the Releases page.

Quick Start

# 1. Create a wallet
./chainlog wallet create



# 2. Start a node
./chainlog start 8080



# 3. Create and broadcast a transaction
./chainlog transaction create  "My first log entry" 2
./chainlog transaction broadcast  tx_id>gt;


# 4. Mine the block
./chainlog minee

CLI Commands

Node Management

start [port]                  # Start a node (default: 8080)
status                         # Show blockchain status
summary                        # Print full system summary

help                          # Show help message

Wallet Operations

wallet create                 # Create a new wallet
wallet import  key>gt;           # Import wallet from private key
wallet list                    # List all wallets
balance  address>gt;             # Check account balance

Transactions

transaction create data>gt; fee>gt;    # Create a transaction
transaction list                    # List pending transactions
transaction broadcast  tx_id>gt;      # Broadcast transaction
transaction status  tx_id>gt;         # Check transaction status

Mining

mine                          # Mine pending transactions
difficulty check               # Show current vs. recommended difficulty

Blockchain Operations

chain show                    # Display full blockchain
chain validate                 # Validate blockchain integrity
save                           # Save blockchain and state to disk
load                           # Load blockchain and state from disk

Economy & Stakingking

fees                          # Show fee statistics
rewards                        # Show reward statistics
staking add  address>gt; amt>gt;   # Stake LogCoins
staking list                   # List validators and stakes

LogCoin Economy

ChainLog uses LogCoins as a utility token to secure the network and incentivize participation.

How LogCoins Work

Mining Rewards

  • Miners earn 10 LogCoins for each valid block mined
  • Rewards compensate miners for computational work
  • Ensures blocks are produced consistently

Transaction Fees

  • Users pay 1-5 LogCoins to store data on-chain
  • Fees prevent network spam and abuse
  • Priority processing for higher fee transactions

Staking System

  • Stake 100+ LogCoins to become a validator
  • Validators participate in consensus and governance
  • Malicious behavior results in stake slashing

Governance

  • LogCoin holders vote on protocol upgrades
  • Voting power proportional to coin balance
  • Community-driven development decisions

Practical Benefits

For Users:

  • Pay coins to store important data permanently
  • Higher fees = faster confirmation times
  • Build reputation through coin ownership

For Miners:

  • Earn coins for securing the network
  • Transaction fees provide additional income
  • Compete to solve blocks and earn rewards

For the Network:

  • Coins prevent Sybil attacks and spam
  • Incentivizes decentralized participation
  • Self-sustaining economic model

Economic Model

Supply & Distributiontion

  • Initial supply: 1,000,000 LogCoins (genesis block)
  • Block reward halving every 100,000 blocks (~2 years)
  • Maximum supply cap: 21,000,000 LogCoins
  • Circulating supply increases gradually through mining

Deflationary Mechanisms

  • Transaction fees are partially burned (20%)
  • Reduces total supply over time
  • Creates scarcity as network usage grows

Use Cases Beyond Fees

  • Data storage pricing in LogCoins
  • Premium features (priority timestamps, batch uploads)
  • Network service subscriptions
  • Third-party integrations and APIs

This economic structure ensures ChainLog remains secure, decentralized, and sustainable while aligning incentives across all network participants.


Architecture

System Components

  • Blockchain Core: Block validation, chain management, consensus
  • P2P Network: Node discovery, peer communication, data propagation
  • Wallet System: Key management, transaction signing, address generation
  • Mining Engine: Proof-of-Work implementation, difficulty adjustment
  • Transaction Pool: Mempool for pending transactions
  • Persistence Layer: Blockchain and state storage

Security Features

  • SHA-256 cryptographic hashing
  • ECDSA digital signatures
  • Proof-of-Work consensus
  • Chain validation and orphan detection
  • Stake-based validator system

Use Cases

  • Audit Logs: Immutable record of system events
  • Supply Chain: Track product provenance
  • Document Verification: Prove document existence and authenticity
  • Compliance: Regulatory record-keeping
  • Voting Systems: Transparent, verifiable elections
  • Academic Records: Tamper-proof credential verification

About

ChainLog is a decentralized, tamper-proof logging and audit system. It provides an immutable public record for any application that needs verifiable, timestamped data history where trust is distributed.

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