corda/docs/source/api-states.rst

API: States

Note

Before reading this page, you should be familiar with the key concepts of key-concepts-states.

ContractState

In Corda, states are instances of classes that implement ContractState. The ContractState interface is defined as follows:

../../core/src/main/kotlin/net/corda/core/contracts/ContractState.kt

ContractState has a single field, participants. participants is a List of the AbstractParty that are considered to have a stake in the state. Among other things, the participants will:

• Usually store the state in their vault (see below)
• Need to sign any notary-change and contract-upgrade transactions involving this state
• Receive any finalised transactions involving this state as part of FinalityFlow

ContractState sub-interfaces

The behaviour of the state can be further customised by implementing sub-interfaces of ContractState. The two most common sub-interfaces are:

• LinearState
• OwnableState

LinearState models shared facts for which there is only one current version at any point in time. LinearState states evolve in a straight line by superseding themselves. On the other hand, OwnableState is meant to represent assets that can be freely split and merged over time. Cash is a good example of an OwnableState - two existing $5 cash states can be combined into a single $10 cash state, or split into five $1 cash states. With OwnableState, its the total amount held that is important, rather than the actual units held.

We can picture the hierarchy as follows:

LinearState

The LinearState interface is defined as follows:

../../core/src/main/kotlin/net/corda/core/contracts/Structures.kt

Remember that in Corda, states are immutable and can't be updated directly. Instead, we represent an evolving fact as a sequence of LinearState states that share the same linearId and represent an audit trail for the lifecycle of the fact over time.

When we want to extend a LinearState chain (i.e. a sequence of states sharing a linearId), we:

• Use the linearId to extract the latest state in the chain from the vault
• Create a new state that has the same linearId
• Create a transaction with:
  • The current latest state in the chain as an input
  • The newly-created state as an output

The new state will now become the latest state in the chain, representing the new current state of the agreement.

linearId is of type UniqueIdentifier, which is a combination of:

• A Java UUID representing a globally unique 128 bit random number
• An optional external-reference string for referencing the state in external systems

OwnableState

The OwnableState interface is defined as follows:

../../core/src/main/kotlin/net/corda/core/contracts/Structures.kt

Where:

• owner is the PublicKey of the asset's owner
• withNewOwner(newOwner: AbstractParty) creates an copy of the state with a new owner

Because OwnableState models fungible assets that can be merged and split over time, OwnableState instances do not have a linearId. $5 of cash created by one transaction is considered to be identical to $5 of cash produced by another transaction.

FungibleState

FungibleState<T> is an interface to represent things which are fungible, this means that there is an expectation that these things can be split and merged. That's the only assumption made by this interface. This interface should be implemented if you want to represent fractional ownership in a thing, or if you have many things. Examples:

• There is only one Mona Lisa which you wish to issue 100 tokens, each representing a 1% interest in the Mona Lisa
• A company issues 1000 shares with a nominal value of 1, in one batch of 1000. This means the single batch of 1000 shares could be split up into 1000 units of 1 share.

The interface is defined as follows:

../../core/src/main/kotlin/net/corda/core/contracts/FungibleState.kt

As seen, the interface takes a type parameter T that represents the fungible thing in question. This should describe the basic type of the asset e.g. GBP, USD, oil, shares in company <X>, etc. and any additional metadata (issuer, grade, class, etc.). An upper-bound is not specified for T to ensure flexibility. Typically, a class would be provided that implements TokenizableAssetInfo so the thing can be easily added and subtracted using the Amount class.

This interface has been added in addition to FungibleAsset to provide some additional flexibility which FungibleAsset lacks, in particular: * FungibleAsset defines an amount property of type Amount<Issued<T>>, therefore there is an assumption that all fungible things are issued by a single well known party but this is not always the case. * FungibleAsset implements OwnableState, as such there is an assumption that all fungible things are ownable.

Other interfaces

You can also customize your state by implementing the following interfaces:

• QueryableState, which allows the state to be queried in the node's database using custom attributes (see api-persistence)
• SchedulableState, which allows us to schedule future actions for the state (e.g. a coupon payment on a bond) (see event-scheduling)

User-defined fields

Beyond implementing ContractState or a sub-interface, a state is allowed to have any number of additional fields and methods. For example, here is the relatively complex definition for a state representing cash:

../../finance/src/main/kotlin/net/corda/finance/contracts/asset/Cash.kt

The vault

Whenever a node records a new transaction, it also decides whether it should store each of the transaction's output states in its vault. The default vault implementation makes the decision based on the following rules:

• If the state is an OwnableState, the vault will store the state if the node is the state's owner
• Otherwise, the vault will store the state if it is one of the participants

States that are not considered relevant are not stored in the node's vault. However, the node will still store the transactions that created the states in its transaction storage.

TransactionState

When a ContractState is added to a TransactionBuilder, it is wrapped in a TransactionState:

../../core/src/main/kotlin/net/corda/core/contracts/TransactionState.kt

Where:

• data is the state to be stored on-ledger
• contract is the contract governing evolutions of this state
• notary is the notary service for this state
• encumbrance points to another state that must also appear as an input to any transaction consuming this state
• constraint is a constraint on which contract-code attachments can be used with this state

Reference States

A reference input state is a ContractState which can be referred to in a transaction by the contracts of input and output states but whose contract is not executed as part of the transaction verification process. Furthermore, reference states are not consumed when the transaction is committed to the ledger but they are checked for "current-ness". In other words, the contract logic isn't run for the referencing transaction only. It's still a normal state when it occurs in an input or output position.

Reference data states enable many parties to reuse the same state in their transactions as reference data whilst still allowing the reference data state owner the capability to update the state. A standard example would be the creation of financial instrument reference data and the use of such reference data by parties holding the related financial instruments.

Just like regular input states, the chain of provenance for reference states is resolved and all dependency transactions verified. This is because users of reference data must be satisfied that the data they are referring to is valid as per the rules of the contract which governs it and that all previous participants of teh state assented to updates of it.

Known limitations:

Notary change: It is likely the case that users of reference states do not have permission to change the notary assigned to a reference state. Even if users did have this permission the result would likely be a bunch of notary change races. As such, if a reference state is added to a transaction which is assigned to a different notary to the input and output states then all those inputs and outputs must be moved to the notary which the reference state uses.

If two or more reference states assigned to different notaries are added to a transaction then it follows that this transaction cannot be committed to the ledger. This would also be the case for transactions not containing reference states. There is an additional complication for transaction including reference states, however. It is unlikely that the party using the reference states has the authority to change the notary for the state (in other words, the party using the reference state would not be listed as a participant on it). Therefore, it is likely that a transaction containing reference states with two different notaries cannot be committed to the ledger.

As such, if reference states assigned to multiple different notaries are added to a transaction builder then the check below will fail.

Warning

Currently, encumbrances should not be used with reference states. In the case where a state is encumbered by an encumbrance state, the encumbrance state should also be referenced in the same transaction that references the encumbered state. This is because the data contained within the encumbered state may take on a different meaning, and likely would do, once the encumbrance state is taken into account.