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EIP-2021: Payoutable Token #2021

Merged
merged 12 commits into from
Nov 23, 2019
Merged

EIP-2021: Payoutable Token #2021

merged 12 commits into from
Nov 23, 2019

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daniel-iobuilders
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@daniel-iobuilders daniel-iobuilders commented May 13, 2019 •
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An extension to the ERC-20 standard token that allows Token wallet owners to request payout from their wallet, by calling the smart contract and attaching a payout instruction string.

Token wallet owners (or approved addresses) can order payout requests through blockchain. This is done by calling the orderPayoutFrom or orderPayoutFrom methods, which initiate the workflow for the token contract operator to either honor or reject the payout request. In this case, payout instructions are provided when submitting the request, which are used by the operator to determine the destination of the funds.

@daniel-iobuilders daniel-iobuilders changed the title EIP: Payoutable Token EIP-2021: Payoutable Token May 14, 2019
@axic axic added the ERC label May 20, 2019
@daniel-iobuilders daniel-iobuilders mentioned this pull request Jun 6, 2019
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@axic axic merged commit 05a85a9 into ethereum:master Nov 23, 2019
CarlBeek added a commit to CarlBeek/EIPs that referenced this pull request Nov 26, 2019
@CarlBeek
Merge branch 'bls_keystore' of github.com:CarlBeek/EIPs into bls_keys…
39caeca 
…tore

* 'bls_keystore' of github.com:CarlBeek/EIPs: (47 commits)
  fix link to heading
  Fix spelling
  Fix email address
  Draft EIP: BLS12-381 Deterministic Account Hierarchy (ethereum#2334)
  Fix some URLs and require 2333 too
  Add name to metadata title (ethereum#2370)
  Draft: BLS12-381 Key Generation (ethereum#2333)
  Automatically merged updates to draft EIP(s)  (ethereum#2397)
  Hard fork proposal to address the Ice age (ethereum#2387)
  Automatically merged updates to draft EIP(s) 1767 (ethereum#2262)
  EIP-2021: Payoutable Token (ethereum#2021)
  EIP-2009: Compliance Service (ethereum#2009)
  EIP-2019: Fundable Token (ethereum#2019)
  Use solidity/javascript highlighting in various EIPs (ethereum#2372)
  EIP-2018: Clearable Token (ethereum#2018)
  EIP-1996: Holdable token (ethereum#1996)
  Fix the username of @pizza-r0b in EIP-2309 (ethereum#2389)
  Clarify that empty accounts also return 0 in EIP-1052 (ethereum#2388)
  dType Functions Extension - Decentralized Type System for EVM (ethereum#2267)
  Fix spelling of GitHub [R4R] (ethereum#2369)
  ...
@KevinSmall
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Below are some typos and small clarification requests:

  1. Typo in abstract
    The first part of the abstract says: "this is done by calling the orderPayoutFrom or orderPayoutFrom methods" which are same methods.

  2. Update actors section
    EIP-2021 talks about a "notary", but notary is not mentioned in the Actors section of that page.

  3. Standardise name of "payout agent"
    https://eips.ethereum.org/EIPS/eip-2021 talks about "token contract owner", "agent" and "notary", which I think are the same thing. https://github.com/IoBuilders/payoutable-token talks about "payout agent" which I guess is the same as "agent". It would make reading this EIP for the first time easier to understand, if the same term was used throughout (I liked "payout agent").

  4. Clarification of the EIP
    When reading EIP-2021 on https://eips.ethereum.org/EIPS/eip-2021 for the first time, with no prior knowledge, it was not clear that the word "payout" meant "moving token value from on-chain to a regular bank account". When reading the IoBuilders site for example in the sequence diagrams it is clearer, and we see the term "user bank account".

tkstanczak pushed a commit to tkstanczak/EIPs that referenced this pull request Nov 7, 2020
@daniel-iobuilders @tkstanczak
EIP-2021: Payoutable Token (ethereum#2021)
1c88f34
Arachnid pushed a commit to Arachnid/EIPs that referenced this pull request Mar 6, 2021
@daniel-iobuilders @Arachnid
EIP-2021: Payoutable Token (ethereum#2021)
952f759
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3 participants
@daniel-iobuilders @KevinSmall @axic