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What is a webdeed?

A webdeed is a unique, transferable identifier for a digital “thing”. They are designed to be transfered in plaintext. A webdeed could represent anything really: a movie ticket, subway tokens, potions or gold in a videogame. Here is a webdeed: 
+10.deed_vruyd74k6m4u5tmyn5aewvpmzwm.VnOgntQ0AJFdn0LXmxvwMuMV97VBjt4
It’s anatomy: 
├─ Amount: +10
├─ ID: deed_vruyd74k6m4u5tmyn5aewvpmzwm
└─ Secret: VnOgntQ0AJFdn0LXmxvwMuMV97VBjt4
Owning this deed reads: “I have 10 units of something represented by ID deed_vruy… claimable by secret VnOgntQ0…”
They are called “webdeeds” because they can convey ownership and are native to the web.

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Claiming a webdeed

You may receive a webdeed…
  • from a friend over email, Discord, or iMessage
  • via scanning a QR code
  • by copying the value directly from a website or app
  • …or a million other ways
Regardless of how you obtain a webdeed it is not “yours” until imported into your webdeed wallet.
Importing a webdeed into a wallet completes the transfer, ensuring that whoever gave or spent the deed is no longer able to give it to someone else.

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Splitting a webdeed

The webdeed above, starting +10.deed_vruyd..., can be split into any multiple of 10 by a wallet.
  • 10 +1.deed_vruyd... deeds
  • 2 +5.deed_vruyd... deeds
  • 1 +3.deed_vruyd... and 1 +7.deed_vruyd...
  • …you get the idea.
Webdeeds with the same ID deed_vruyd... can be recombined to equal their sum. Splitting, recombining, or importing deeds destroys the old deeds, rendering them unspendable. Your wallet can split a webdeed if you choose to send only a portion of your total balance, like making change from a $100 bill.
It’s the wallets resposibility to manage & organize deeds on your behalf. You can’t split deeds outside of a wallet.