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Governance Transitions

Transaction C depicts a governance transition of the alias. Such a transaction must be signed by the address in Governor Address Unlock Condition.

A valid governance can do the following:

  • The alias output may be destroyed by the governor (see Transaction D in Destroy an Alias).
  • The State Controller Address Unlock Condition may be changed.
  • The Governor Address Unlock Condition may be changed.
  • The Metadata Feature may be changed.

No other fields are allowed to change in the next alias state, therefore a governance transition can't modify token balances or create foundries.

Transaction C - Governance transition of an alias