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@ -17,7 +17,7 @@ To the best of our knowledge, this approach is unique to Nescience. Other progra
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### Example: creating and transferring tokens across states
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1. Token creation (public execution):
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- Alice submits a transaction to execute the token program `Create` function on-chain.
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- Alice submits a transaction to execute the token program `New` function on-chain.
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- A new public token account is created, representing the token.
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- The minted tokens are recorded on-chain and fully visible on Alice's public account.
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2. Transfer from public to private (local / privacy-preserving execution)
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@ -482,7 +482,7 @@ Holding account owned by token program
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{"account_type":"Token holding","definition_id":"4X9kAcnCZ1Ukkbm3nywW9xfCNPK8XaMWCk3zfs1sP4J7","balance":1337}
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```
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##### New token with both definition and supply accounts set as public
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##### New token with public account definition but private holding account for initial supply
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Let’s create a new token, but this time using a public definition account and a private holding account to store the entire supply.
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