Spoon (Blockchain)

[ Spu-n ]

A spoon in the blockchain occurs when the balances are copied to a new blockchain and converted into the utility token of the copy, which allows collaboration between the two while adding features.

A spoon is a fork in the blockchain that transfers all balances to a new native cryptocurrency.

For example, a spoon was created on Ethereum to launch the Cosmos bridge. The Cosmo bridge transferred all ETH balances to the utility token ATOM.

Spoons allow the users of the original blockchain to participate while adding new features to a project.

They are far less contentious than the more common hard fork, which completely splits off from the original blockchain and uses the same token. This fork is intended to divert users away from the existing blockchain.

Spoons are more collaborative, building on the original blockchain. They allow existing users and developers to engage in the new additions.

Ethereum is the most common protocol for spooning, and several projects seek to make it more efficient or add specific functionality without splintering off of the Ethereum Mainnet.

Written by

Susan Oh

Susan Oh is a leading figure in the integration of AI and blockchain for social good, serving as the CMO for BeOmni by Beyond Imagination and a civic technologist dedicated to creating scalable solutions. She is a board member of the Blockchain Commission For Sustainable Development supported by the UN GA Office of Partnerships, and a member of the Global Sustainability Network, a joint initiative by the Vatican and the Church of England to combat human trafficking. Recognized with the Quantum Impact Award #DecadeOfWomen by the UN GA as one of the top frontier women in digital, Susan speaks globally on leveraging AI and blockchain for the UN’s sustainable development goals.

In 2017, she co-founded Muckr.AI, a platform using machine learning to evaluate content trustworthiness. Additionally, Susan contributes her expertise to Coinweb as a journalist, covering advancements in blockchain and crypto technologies. Her work across these diverse roles underscores her commitment to using technology for transparency, trust, and positive societal impact.

Spoon (Blockchain)

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