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Sec. 3.3: Assets will be "technically" owned #6

Open yaronf opened 1 year ago

yaronf commented 1 year ago

There's nothing technical about ownership. It is a legal term, and I doubt that it applies here. It may be an escrow arrangement, for example.

Similarly in Sec. 8, "G2 is still the owner".

We may want to replace the legal term "to own" by the more technical "to manage" (an asset), and explain what it means.

findthomas commented 1 year ago

Temporary asset mint (3.2): Gateway G2 creates (mints) an equivalent asset in NW2 assigned to itself as the owner. This step can be reversed (i.e. asset destroyed) in the case of the failure in the commitment steps because G2 is still the owner of the asset in NW2.

We could improve this description.

And yes, G2 at this point is the legal owner and technical holder (holder of the key-pair that controls the asset in NW2).