Interchained ITSL
Emerging
Pool reward snapshots
Record participating miners over a period and distribute rewards by block wins or share.
Interchained is not only mined. It is used.
ITSL: The Use Layer of Interchained
A lightweight token, snapshot, and settlement layer for builders, pools, communities, and real-world ecosystem rewards — built on top of the ITC chain.
SHA-256 mined
Builder-owned
Open ecosystem
Why usage matters
Mining secures the chain. Usage gives it gravity.
Proof-of-work gives Interchained security and fair distribution. But a chain becomes more than a ledger when people use it to coordinate work, rewards, access, identity, and ownership.
- 01Coordinate workTurn contribution and participation into records that can be verified by anyone.
- 02Program rewardsRewards become programmable the moment participation can be measured.
- 03Settle valueIssue and move assets that settle on the same chain miners already secure.
- 04Prove ownershipA block is more than a timestamp. It can become a receipt.
A chain is a ledger of what happened. A used chain is a record of what people did together.
// Interchained · ITSL positioning
What is ITSL
The Interchained Token & Settlement Layer
ITSL is a lightweight layer for issuing, tracking, and settling digital assets, participation records, reward snapshots, and ecosystem proofs — using the Interchained chain as the source of truth. No new chain. No bridge. Operations are signed, broadcast, and settled on-chain.
ISSUE
Issue
Create a token or asset with a name, symbol, decimals, and supply. Live today via the ITSL CLI and RPC.
TRACK
Track
Every transfer, mint, and burn is recorded. Read balances, supply, and full operation history per token.
SNAPSHOT
Snapshot Emerging
Capture who participated over a period — block wins, contributions, or holdings — as an accountable record.
REWARD
Reward
Distribute tokens to contributors and miners by rule. Transfers carry memos, so each payout has context.
SETTLE
Settle
Operations are signed and settle on the ITC chain itself. The same proof-of-work secures the assets.
PROVE
Prove
A transfer with a memo is a receipt. Use it to evidence participation, access, or fulfilled obligations.
Live today
The token layer already runs on ITC.
ITSL ships as an open-source Python SDK and CLI that talks directly to interchainedd. Issuing, transferring, and tracking tokens is real and usable now — the snapshot and settlement tooling on top is what's emerging.
createtoken
tokentransfer · memo
tokenmint
tokenburn
tokenapprove
token_history
token_meta
tokentransferownership
# 1 · issue a pool reward token $ ./itsl.py --rpcuser=u --rpcpass=p \ createtoken "1000" "PoolRewards" "POOL" 8 → token created · symbol POOL · decimals 8 # 2 · pay a miner, attach a receipt memo $ ./itsl.py ... tokentransfer itc1q…miner POOL "0.10301990" \ --memo "week 42 · block reward share" → signed · broadcast as TOKENTX · settled on-chain # 3 · audit the full history $ ./itsl.py ... token_history POOL → [ transfer, mint, transfer, … ]
Use cases
What you can build on the use layer.
Practical patterns for pools, contributors, and applications. Status labels are deliberately conservative — what's live is marked live, everything else is roadmap.
Ready for builders
Prototype
Emerging
Planned
Ready
Contributor credits
Mint a token for contributors and transfer credits with a memo for each acknowledged piece of work.
Prototype
Community access passes
Hold-to-access tokens that gate spaces, roles, or events. Balance checks are live; gating tooling is forming.
Ready
Project assets
Issue a named asset with fixed or mintable supply, and an explicit operator who controls issuance.
Emerging
Airdrops & participation rewards
Distribute to a list of addresses from a snapshot of holders, contributors, or miners.
Prototype
PoW / participation receipts
Use signed transfers with memos as receipts that evidence work done or participation earned.
Planned
Grants & ecosystem incentives
Structured allocations to builders and maintainers, settled on-chain with an auditable trail.
Planned
App / SaaS usage credits
Meter and settle product usage in a token your application issues and accepts.
Pool operator spotlight
Pools don't just mine blocks. They can become distribution engines.
A pool wins blocks during a period. Participating miners are recorded in a snapshot. Rewards, credits, or tokens are then distributed based on participation, block wins, or predefined allocation rules. Snapshots turn activity into accountable records.
1
Win blocks
Over a defined period — say a week — the pool mines and wins some number of blocks on the SHA-256 chain.
2
Record a snapshot
Capture which miners participated and their share of the work, as a record anyone can check against the chain.
3
Apply a formula
Allocate a reward per block won, then split it across participants by the pool's chosen rule.
4
Settle on-chain
Distribute the token with a memo per payout. Every miner gets a receipt; the pool keeps an auditable trail.
Example: a weekly pool snapshot can allocate a fixed reward per block won by the pool, then distribute it across participating miners according to the pool's chosen formula. Interchained has explored fixed-rate pool reward snapshots such as 0.10301990 ITC per block won by a pool.
Snapshot reward model
Illustrative · not a live or guaranteed program
Pool reward pool for the period
1.23623880 ITC
A model for understanding the mechanism — shares are illustrative. Actual rates, formulas, and any program are set by each pool and subject to technical review.
Builder path
From idea to settled value.
ITSL is the coordination layer between miners, builders, pools, and applications. Here's the shape of a typical build — issuing and moving assets works today; the snapshot and display steps are emerging.
Define an asset
Create a token with name, symbol, decimals, and supply via createtoken.
Create a snapshot
Read token_history and chain data to capture participation over a period.
Attach metadata
Carry context in transfer memos and read static info with token_meta.
Distribute rewards
Send to recipients with tokentransfer — each payout signed and settled on-chain.
Display results
Surface balances and receipts in dashboards, explorers, or wallets Planned
Build services
Wrap participation and settlement into your own product, pool, or community tooling.
Mental model
One chain. Three layers.
ITSL sits between the applications people touch and the proof-of-work that secures everything. Settlement is not the end of the story — it's the base layer for what comes next.
Layer 3 · Surface
Applications · Communities · Pools
Where people actually participate — products, pool dashboards, contributor programs, and community spaces.
appspoolscommunitiescontributors
Layer 2 · ITSL
Tokens · Snapshots · Rewards · Proofs
The use layer. Issue and move assets, capture participation, program rewards, and turn activity into receipts.
createtokentransfer · memohistorysnapshots →
Layer 1 · Base
Interchained ITC Chain — SHA-256 Mining + Settlement
The secured ledger. Operations are signed, broadcast as TOKENTX, and settled on-chain. Yespower remains only as an emergency fallback.
SHA-256 PoWon-chain settlementitc1… addresses
Roadmap
An honest path, built in the open.
The token layer is live. Everything that makes it effortless — templates, formats, displays, and programs — is being built in stages with the community.
PHASE 1
Public usage hub & specification draft
This page, plus a written spec for how tokens, memos, and proofs are used across the ecosystem.
In progressPHASE 2
Snapshot templates for pool operators
Reusable scripts that read block wins and participation, then produce a distribution from a chosen formula.
EmergingPHASE 3
Token / asset metadata format
A standard way to describe an asset — purpose, links, and image — so explorers and wallets can render it consistently.
PlannedPHASE 4
Explorer & dashboard support
Browse tokens, balances, and operation history visually — for builders, pools, and auditors.
PlannedPHASE 5
Wallet display & ecosystem integrations
Surface token balances and receipts where users already are, and connect ITSL to other ecosystem tools.
PlannedPHASE 6
Grants, rewards & contributor programs
Structured ways to fund and reward the people building the ecosystem, settled transparently on-chain.
Planned// Roadmap items are subject to technical review and community contribution.
Build a use case. Reward a community.
Prove participation. Settle value.
ITSL is open-source and builder-owned. Start with the token layer that's live today, and help shape what comes next.