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From: R. Feldman
Subject: Token minimum
Date: 14 Av 5781


Subject: The distinction

The chair believes we have arrived at something useful.

Devorah and Reb Kovacs have clarified a distinction that was implicit in our earlier discussions: specification versus service, format versus policy, what is permitted versus what is accepted.

The specification defines validity. It says: this is a well-formed block. It does not say: this is a sufficient block, or a meaningful block, or a block that deserves a certificate.

Services make those judgments. Let's Brit may impose requirements. Other services may impose different requirements. The specification enables; the services constrain.

If this distinction holds, then R. Nachmani's concern is addressed without changing the specification. The format permits single tokens. Let's Brit may refuse them.


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