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charters 20240220
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dietersommer authored Mar 6, 2024
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# Ledger & Tokenization Working Group Charters


## 2024-02-20
Slide deck: n.a., [recording]()

**Batching / scalability**
* 90 msg per round possible for a canister to another ledger on other subnet
* Strong argument for batch transactions
* Bitfinity is also single canister
* Also constrained by throughput when interacting with to ICRC ledger
* Batching for transfer_from / approve?
* approve for Infu's middlewear
* Someone approves
* Get notified
* Can make tx right away
* Timo's ledger solves the problem of how to scale to VISA level of txs / sec
* Can have receiver on every subnet
* Can handle many incoming tx
* Receivers batch tx and send them to canonical ledger for processing
* Combines ingress capacity of multiple subnets
* DoS potential of someone using DEX to DoS DEX <-> ICP ledger tx/s
* DEXs should lobby ICRC-4
* Bitfinity, Sonic, ICSwap, ICDEX

**Various**
* Vesselin makes ICRC-1 launcher for easy asset creation
* User needs to refill their own cycles
* Launching service wants to allow canister to be handed over to SNS (future)
* Discussion about PanIndustrial ledger
* PanIndustrial ledger is fork of earlier bounty
* https://github.com/orgs/PanIndustrial-Org/repositories

**Working Group**
* Need to get more participation in the WG
* How to get external participation for implementation?
* Need to get broader support and participation
* Maybe bounty or reputation payments for participating and contributing in WG
* Reputation system

**Possible next steps**
* Presigned txs?
* ICRC-8 could be considered by this WG
* Eventually approve / transfer_from batch methods


## 2024-02-06
Slide deck: n.a., [recording](https://drive.google.com/file/d/1-oVa5VPl09cd8AMbcF2Npwnt1IUhveWG/view?usp=share_link)

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