Want to use Multichain to model a token/currency

Question

I want to model a Token that can be :
- created on the blockchain
- have static information  about coin on blockchain
- transferred to new owner
- combine multiple input address to single output
- can be redeemed (burnt)
- have a reference to external data pertaining to dynamic data about token

Token must be accessed thru standard wallet.
All need to have browsers / explorers to scan the blockchain, with permissions / restrictions

Can this be done on Multichain?

Answer 1

Yes, everything in your list can be done on MultiChain. The token can be issued with metadata (for both static and dynamic information), transferred between users, have multiple inputs combined into a single output, burnt (see burnaddress from getinfo).

For the explorer you could start with our open source code: https://github.com/MultiChain/multichain-explorer

I'm not sure what you mean by "standard wallet" but MultiChain itself has a built-in wallet, and any bitcoin-compatible wallet can be relatively easily adapted to work with MultiChain tokens. MultiChain uses the bitcoin transaction format, block format, peer-to-peer protocol and cryptography scheme.