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I then asked James Cramer about it to clarify and got the impression there was agreement forming around it so I just went along with it in casual talk.
so do not underestimate the power of moving a simple validation task to the base layer. It actually saves you a lot of complexity down the line. I invite you to read the technical description which I revised it in response to some recent comments, note that it's still a work in progress but I'm hoping to get feedback whether it "clicked" with you: https://gitlab.com/0353F40E/group-tokenization/-/blob/slicing/CHIP-2021-02_Group_Tokenization_for_Bitcoin_Cash.md#minimal-token-system