This question frequently comes up in conversations: When a Corda transaction is sent to a non-validating notary service for finalisation, what can the notary service see and deduce about the world?
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Before sending a transaction to a non-validating notary, it is filtered as follows:
(see NotaryFlow.kt in the main Corda repo). This means that the non-validating notary will only see:
StateRef
sBecause the transaction is a Merkle tree (see https://docs.corda.net/_images/merkleTree.png), although the remaining components have been removed and can't be seen by the notary, the contents of the transaction can't be changed later once the notary signature has been applied.