CAP

Sender Pays Trustline Base Reserve

CAP-0013 proposes core changes that would cause Stellar assets to behave more similarly to ERC-20 tokens, allowing an account to add any asset to another account as long as the sending account covers the increased base reserve for the receiving account. It also proposes updates to the AccountMerge operation that would allow non-lumen assets to be merged into the new account without having to manually remove each trustline (which would be renamed to balances). This is an alternative to SEP-0013

Stellar news delivered weekly:

Related News

CAP

CAP/SEP Round Up

  • CAP-0017 has moved into accepted status. Link
  • CAP-0019: “Future-upgradable TransactionEnvelope type” - Adjust the transaction envelope to allow for the addition of different transaction types in the future. Link
  • SEP-0017: “Issuer account funding protocol” - Use CAP-0013 to cut the process for depositing external assets into a Stellar account from four steps to one. Link
  • SEP-0018: “Data Entry Namespaces” - Standardize the naming of account data entries. Link

CAP

Fine-Grained Control of Authorization

In CAP-0018 (an alternative to CAP-0016’s cosigned assets), Jonathan Jove suggests a new approach to giving asset issuers more control over their assets. This CAP would add a new flag to trustlines that “offers a level of authorization intermediate between unauthorized and fully authorized.” This new flag would allow an issuer to maintain control over who can send and receive payments using their asset while at the same time allow asset holders to maintain offers.

CAP

Cosigned Assets

Because Stellar is intended to be securities-friendly, some asset issuers need additional levels of control over their assets beyond authorizing asset holders. Some issuers are spinning up solutions that require them to be co-signers on asset holders’ accounts (see SEP-0008), preventing holders from maintaining full custody of other, unregulated assets. “Cosigned Assets” is a draft CAP by David Mazières that attempts to address this issue by requiring cosigning of transactions that involve a “cosigner authorized” asset without requiring the asset issuer to also be a cosigner on the holder’s account.

CAP

Adversarial Transaction Set Ordering

CAP-0014 proposes a change in transaction ordering to prevent transaction front-running.

CAP

Relative Account Freeze

CAP-0011 introduces a time lock at the account level to help smart contract writers "sequence time based events easily and circumvent the need for periodic updates in time based protocols".