> BUT, observing implied chain intrinsic interest rate is impossible without > on-chain transfer of ownership of those zero bonds. Transfer of ownership is > however prohibited until maturity, at which point the zero bond becomes > cash. If a transfer before maturity was possible, then those new zero bond > outputs would have to remain unfungible with cash and with zero bonds of > different maturity. Supporting different classes of outputs that are only > fungible within their own kind is not in grin's current design.
This could be solved if grin were to implement multiple assets, and support a form of asset conversion. Then the block reward could issue both coins and a bond as separate assets. At maturity, the bond is allowed to undergo conversion to coins. -John -- Mailing list: https://launchpad.net/~mimblewimble Post to : mimblewimble@lists.launchpad.net Unsubscribe : https://launchpad.net/~mimblewimble More help : https://help.launchpad.net/ListHelp
