fork in which the new coin acquires the old cryptocurrency's account balances. New projects can add their own functionality to the prior program while still enabling current standard users to participate in it. It acts as a way to attract users and developers of an existing platform.</p>\n<p>Their installation is rather difficult so they are still uncommon in the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-blockchain/">blockchain sphere.</p>\n<p><a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum is by far the most popular spooning protocol because of its big number of customers and large developer community. &nbsp;</p>\n<p>On the other hand, Cosmos is the most common example that took snapshots of the Ethereum blockchain so that it would be able to identify and migrate account balances to its own network. Naturally, the network is linked with the Ethereum mainnet in a variety of ways while also adding its own advancements to it. Regardless of the fact that it replicates values, Cosmos has its own tokens and does not utilize ETH.</p>\n<p>It's important to note that the nature and purpose of a spoon separate it from the more typical <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hard-fork-blockchain/">hard fork</strong></a>. Spoons just replicate balances and then utilize a different unique token, while hard forks employ the very same token as the already existing chain. Besides that, hard forks are intended to capture a platform's market share and supremacy, whereas<strong> spoons are intended to enhance the technological brilliance of the projects from which they copy balances</strong>. Also, many hard forks are divisive, whereas spoons are collaborative.</p>\n<p>Overall, the idea of a spoon is to force the process to grow into a brand new blockchain. 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Terms","updated":false,"chapter":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters/crypto-101-glossary.jpg","chapter_simple":"https://assets.bitdegree.org/crypto/assets/crypto-book/chapters-simple/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}],"nextSection":{"id":719,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Staking?","slug":"what-is-staking","section":"S","keyword":"Staking","status":"published","definition":"the act of detaining crypto holdings to gain rewards or earn interest.","content":"<p>Staking is the act of <strong>holding crypto assets in order to collect rewards or interest</strong>. Moreover, it's commonly employed to participate in the <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">Proof-of-Stake (PoS)</strong></a> consensus mechanism, in which users stake their tokens in order to operate as blockchain <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-validator/">validators.

","level":"easy","meta_title":"What is Staking? Definition & Meaning | Crypto Wiki","meta_description":"Staking meaning: Staking - is the act of detaining crypto holdings to gain rewards or earn interest.","meta_keywords":null,"language":"en","created_at":"2022-03-30T13:04:56.000000Z","updated_at":"2022-09-30T06:38:45.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-staking"},"prevSection":{"id":717,"original_id":null,"author_id":40,"translator_id":null,"title":"What is Source Code?","slug":"what-is-source-code","section":"S","keyword":"Source Code","status":"published","definition":"is a particular set of instructions as well as statements that lead to a computer program that was written by utilizing a high-level programming language.","content":"<p>A source code is a <strong>collection of instructions and statements</strong> that together form a computer program written in a high-level programming language. Later, using a compiler this code is translated into machine language. The translated code is referred to as<strong> object code.</strong></p>\n<p>A program's source code is often stored in one or more text files and has a significant amount of lines of code. The actual structure of these files differs depending on the programming language, however, most applications have one or more files with the extensions .<em>c, .cpp, .CPP, </em>or<em> .cxx (e.g., filename.c)</em>. In most circumstances, the file name corresponds with the name of the program's core purpose or technique, and the file's material includes only a <strong>function description</strong>, accompanying declarations, and statements.</p>\n<p>While bigger programs typically make use of hundreds or thousands of documents, it is fairly rare for <strong>tiny applications</strong> to employ only one source code file. Note that if there are numerous source files, the software might be divided into portions.&nbsp;This happens due to the fact that when all of the program's elements and procedures are contained in a <strong>single document</strong>, it might be difficult to identify certain areas of code.</p>\n<h3>Why Do You Need to Have a Source Code?</h3>\n<p>Yes, it is crucial to have a source code since it is a way of protecting yourself when transferring a license to a new owner or making a second file. You are dependent on the development company that created the app or website if you don&rsquo;t possess a source code. In regards to that, <strong>the source code is the backbone of your program or website</strong>.</p>\n<p>Besides, another important factor of having the source code is that it is possible for you to adjust it at any point when you need that. Having your own source code guarantees that you have superior protection.</p>\n<p>In addition, it is the only method to make sure that you are up to date with security patches and various news.</p>\n<h3>Source Code VS Open Source</h3>\n<p>To specify, <strong>source code</strong> is usually written in a programming language such as PHP or<a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-javascript/"> JavaScript</strong></a>, which is a text that anyone can read. The term itself indicates the fundamental code of a program.</p>\n<p><a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-open-source/">Open-source&nbsp;software (also known as<strong> free/libre open-source software (FLOSS)</strong>), is software that a user can duplicate, adjust, distribute, and share since its source code is <strong>available to the public for free</strong>. It is built in a team manner where everyone has access to the source code. The rationale for this transparency is that users can understand how the application works and other developers can modify it to build additional apps.</p>","level":"medium","meta_title":"What is Source Code? Definition & Meaning | Crypto Wiki","meta_description":"Source Code meaning: Source Code - is a particular set of instructions as well as statements that lead to a computer program that was written by utilizing a high-level programming language.","meta_keywords":null,"language":"en","created_at":"2022-03-30T12:59:17.000000Z","updated_at":"2022-05-13T14:32:24.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-source-code"},"currentChapter":"S","currentSection":"what-is-spoon-blockchain","chapterTitle":"S","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-spoon-blockchain","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter S

What is Spoon (Blockchain)?

Spoon (Blockchain) MEANING:
Spoon (Blockchain) - A spoon is a sort of a blockchain fork in which a new coin acquires the old cryptocurrency’s account balances.
Easy
1 minute

Let's find out Spoon (Blockchain) meaning, definition in crypto, what is Spoon (Blockchain), and all other detailed facts.

In general, a spoon is a form of blockchain fork in which the new coin acquires the old cryptocurrency's account balances. New projects can add their own functionality to the prior program while still enabling current standard users to participate in it. It acts as a way to attract users and developers of an existing platform.

Their installation is rather difficult so they are still uncommon in the blockchain sphere.

Ethereum is by far the most popular spooning protocol because of its big number of customers and large developer community.  

On the other hand, Cosmos is the most common example that took snapshots of the Ethereum blockchain so that it would be able to identify and migrate account balances to its own network. Naturally, the network is linked with the Ethereum mainnet in a variety of ways while also adding its own advancements to it. Regardless of the fact that it replicates values, Cosmos has its own tokens and does not utilize ETH.

It's important to note that the nature and purpose of a spoon separate it from the more typical hard fork. Spoons just replicate balances and then utilize a different unique token, while hard forks employ the very same token as the already existing chain. Besides that, hard forks are intended to capture a platform's market share and supremacy, whereas spoons are intended to enhance the technological brilliance of the projects from which they copy balances. Also, many hard forks are divisive, whereas spoons are collaborative.

Overall, the idea of a spoon is to force the process to grow into a brand new blockchain. In addition to taking a snapshot of the condition of current blockchain address balances and replacing them with an equivalent share of the new blockchain's native asset.
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