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+## Vesting
+
+### Intro and Requirements
+
+This paper specifies changes to the auth and bank modules to implement vested accounts for the Cosmos Hub. 
+The requirements for this vested account is that it should be capable of being initialized during genesis with
+a starting balance X and a vesting blocknumber N. The owner of this account should be able to delegate to validators,
+but they cannot send their initial coins to other accounts. However; funds sent to this account, or fees and 
+inflation rewards from delegation should be spendable. Thus, the bank module's MsgSend handler should error if 
+a vested account is trying to send an amount `x > currentBalance - initialBalance` before block N.
+
+### Implementation
+
+##### Changes to x/auth Module
+
+The first change is to the Account interface to specify both the Account type and any parameters it needs.
+
+```go
+// Account is a standard account using a sequence number for replay protection
+// and a pubkey for authentication.
+type Account interface {
+    Type() string // returns the type of the account
+
+	GetAddress() sdk.AccAddress
+	SetAddress(sdk.AccAddress) error // errors if already set.
+
+	GetPubKey() crypto.PubKey // can return nil.
+	SetPubKey(crypto.PubKey) error
+
+	GetAccountNumber() int64
+	SetAccountNumber(int64) error
+
+	GetSequence() int64
+	SetSequence(int64) error
+
+	GetCoins() sdk.Coins
+    SetCoins(sdk.Coins) error
+    
+    // Getter and setter methods for account params
+    // It is upto handler to use these appropriately
+    GetParams() map[string]interface{}
+    SetParams(map[string]interface{}) error
+}
+```
+
+The `Type` method will allow handlers to determine what type of account is sending the message, and the 
+handler can then call `GetParams` to handle the specific account type using the parameters it expects to 
+exist in the parameter map.
+
+The `VestedAccount` will be an implementation of `Account` interface that wraps `BaseAccount` with 
+`Type() => "vested` and params, `GetParams() => {"Funds": initialBalance (sdk.Coins), "BlockLock": blockN (int64)}`. 
+`SetParams` will be disabled as we do not want to update params after vested account initialization. 
+The `VestedAccount` will also maintain an attribute called `FreeCoins`
+
+
+`auth.AccountMapper` to handle vested accounts as well. Specific changes 
+are omitted in this doc for succinctness.
+
+
+##### Changes to bank MsgSend Handler
+
+Since a vested account should be capable of doing everything but sending, the restriction should be 
+handled at the `bank.Keeper` level. Specifically in methods that are explicitly used for sending like 
+`sendCoins` and `inputOutputCoins`. These methods must check an account's `Type` method; if it is a vested 
+account (i.e. `acc.Type() == "vested"`):
+
+1. Check if `ctx.BlockHeight() < acc.GetParams()["BlockLock"]`
+  * If `true`, the account is still vesting 
+2. If account is still vesting, check that `(acc.GetCoins() - acc.GetParams()["Funds"] - amount).IsValid()`.
+  * This will check that amount trying to be spent will not come from initial balance.
+3. If above checks pass, allow transaction to go through. Else, return sdk.Error.
+
+### Initializing at Genesis
+
+### Pros and Cons
+
+##### Pros
+
+- Easily Extensible. If more account types need to get added in the future or if developers building on top of SDK 
+want to handle multiple custom account types, they simply have to implement the `Account` interface with unique `Type` 
+and their custom parameters.
+- Handlers (and their associated keepers) get to determine what types of accounts they will handle and can use the parameters 
+in Account interface to handle different accounts appropriately.
+
+##### Cons
+
+- Changes to `Account` interface
+- Slightly more complex code in `bank.Keeper` functions