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remove older description of the VC spec #251

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remove older description of the VC spec #251

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2 changes: 1 addition & 1 deletion XLS-0070d-credentials/README.md
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Expand Up @@ -101,7 +101,7 @@ The ID of this object will be a hash that incorporates the `Subject`, `Issuer`,
|-----------|------------|
|`lsfAccepted`|`0x00010000`|

The `lsfAccepted` flag represents whether the subject of the credential has accepted the credential. If this flag is disabled, the issuer is responsible for this ledger entry's reserve; if the flag is enabled, the subject of the credential is responsible for the reserve instead. This flag is disabled by default, but is enabled as the result of a successful `CredentialAccept` transaction, or if the secondary signing flow is used to create the credential.
The `lsfAccepted` flag represents whether the subject of the credential has accepted the credential. If this flag is disabled, the issuer is responsible for this ledger entry's reserve; if the flag is enabled, the subject of the credential is responsible for the reserve instead. This flag is disabled by default, but is enabled as the result of a successful `CredentialAccept` transaction.

A credential should not be considered "valid" until it has been accepted.

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