mimblewimble team mailing list archive

[John Tromp <john.tromp@xxxxxxxxx>]

> 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