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December 1, 2021· Singapore University of Social Sciences - World Scientific future economy series
book-chapter

Cryptocurrency Fork

Authors:Chong Hui Tan *

Abstract

Crypto-tokens and coins created as smart contracts on blockchain platforms are digital instruments that are traded and recorded by the crypto-community. This is not in virtue of having been recognized by the law or having come under the framework of financial regulation. Rather, it is the mutual recognition of the possession of a token that can be transferred from member to member and that can be exchanged with tangible goods and services within the community of users that qualify them to be financial in nature…

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