Mosaic definition transaction
Before a mosaic can be created or transferred, a corresponding definition of the mosaic has to be created and published to the network. This is done via a mosaic definition transaction.
- Following parameters are required:
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Name
- Name of the mosaic, up to a size limit of 64 characters; must be unique under the domain name.
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Namespace name
- To be able to create a mosaic definition, an account must rent at least one root namespace which the mosaic definition can then refer to.
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Mosaic properties
- divisibility: Determines up to what decimal place the mosaic can be divided. Divisibility of 3 means that a mosaic can be divided into smallest parts of 0.001 mosaics. The divisibility must be in the range of 0 and 6.
- duration: The number of confirmed blocks we would like to rent our namespace for. Should be inferior or equal to namespace duration.
- supply: The amount of mosaic in circulation. The creator can specify an initial supply of mosaics when creating the definition. The initial supply must be in the range of 0 and 9,000,000,000.
- supply mutable: The creator can choose between a definition that allows a mosaic supply change at a later point or a immutable supply. In the first case the creator is only allowed to decrease the supply within the limits of mosaics owned.
- transferability: The creator can choose if the mosaic can be transferred to and from arbitrary accounts, or only allowing itself to be the recipient once transferred for the first time.
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Name
