Journal ArticleOPEN ACCESS

Are Cryptocurrency Forks Wealth Creating?

Journal of Risk and Financial Management (2023) 16(12)
DOI: 10.3390/jrfm16120510
3Citations
Citations of this article
13Readers
Mendeley users who have this article in their library.

Abstract

We find that planned cryptocurrency forks, like voluntary corporate spin-offs, are wealth-creating. Involuntary forks that are forced due to hacks and other problems with the blockchain are not. We find diminishing returns for second-generation forks, alleviating the concern of forking solely for wealth creation.

Author supplied keywords

Cite

CITATION STYLE

APA

Hu, B., & Miller, J. (2023). Are Cryptocurrency Forks Wealth Creating? Journal of Risk and Financial Management, 16(12). https://doi.org/10.3390/jrfm16120510

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free