Assets.md

Assets

Asset is the currency circulating on a blockchain.

• An asset could be:

  • Created and added to the blockchain
  • Minted, that means coined out of nothing
  • Transferred from an account to another (the transfer could be handled from a custom smart contract created specifically for the asset)

• The asset is stored on the data field of the service account in a format like this:

   {
      "assets": {
   	  asset-account-id: {            // Asset account id
   		 "name": string,             // Asset name					 
   		 "creator": account-id,      // Caller account-id
   		 "url": integer,       		 // Web site of the asset
   		 "contract": bytes           // Hash of the contract that handle the asset
   	  },
      }
   }

• An Asset account contains in its data section all the asset features static and dynamic.

• The related contract defines the asset behaviour.

• The Asset features are specific to the type of asset and only the related smart contract enters into the content.

• Assets can have lists of features completely different (even with different names to mean the same thing).

• An asset smart contract could be used by more than one asset Example:

  • Let consider two "simple" asset like BTC and EUR, they have the same behaviour.
  • So they can be handled by the same basic_asset smart contract.
  • But they have different configuration.