A Little Update on PMv3 and Group CHIPs

Had a little brainstorming session with imaginary_username, topics:

• Unforgeable Groups CHIP scope
• Evaluation of carried commitment (Group) and detached proof (PMv3) features
• Detached proofs (PMv3) roll-out

For anyone interested, here are the notes: https://gitlab.com/0353F40E/group-tokenization/-/snippets/2247089

TL;DR: we're working on marrying Group with PMv3 and figuring out how to introduce PMv3 features in a backwards-compatible way (meaning not breaking non-node/node-dependent software when updating node software) that would give us the best of both worlds: flexibility of Script and convenience of P2PKH tokens.

It's looking good, lots of potential for May 2023, Group would give us native P2PKH tokens + a "N+1" contract inductive proving tool, taking proofs out of groupID, and PMv3 would give us a "N-1" proving tool taking proofs out of TXID. They could be used independently or they could be used together to create more efficient contracts that'd be easy on the users (send to this P2SH address, get a P2PKH token representing your stake in the contract, etc.)