Owned right

Owned right is a particular right (abstract concept); for instance in fungible assets these rights are:

  • asset ownership

  • inflation

  • renomination

  • burn epoch creation

  • burn / burn-and-replace operation

An owned right may have some state data attached. Some rights do not have state data, and this called “declarative” (or “Void” previously). Also, an owned right is always attached (we call that “assigned”) to a specific UTXO.