Renewal
A ThankToken can be renewed. This means that one or multiple old token(s) are "destroyed" while new token(s) are created. There are special forms of transactions to "destroy" a ThankToken by setting the public key of the receipient to null and linking this with other tokens to destroy or create as replacement according to strict rules forming a circular chain.
ThankToken defines two types of renewals:
-
Fork: split an owned ThankToken into multiple new ThankTokens (e.g. split a token of
1 Thanksinto two tokens of0.5 Thankseach) -
Merge: merge multiple owned ThankTokens into a single new ThankToken (e.g. merge two tokens of
0.5 Thankseach into one token of1 Thanks)
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