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Copy file name to clipboardExpand all lines: ERCs/ERC5XX0 draft.md
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@@ -63,7 +63,7 @@ If instead the `scriptURI` points to a mutable location, it can be updated witho
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#### Overview
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With the discussion above in mind we outline the solution proposed by this ERC. For this purpose we consider the following variables:
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-`SCPrivKey`: The private signing key to administrate a smart contract implementing this ERC, which is associated with the tokens issued.
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-`SCPrivKey`: The private signing key to administrate a smart contract implementing this ERC. Note that this doesn't have to be a new key especially added for this ERC. Most smart contracts made today already have an administration key to manage the tokens issued. It can be used to update the `scriptURI`.
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-`script`: The script supplying additional functionality to the tokens.
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With these variables in mind we can describe the life cycle of the `scriptURI` functionality:
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