backing succession

Also: SUCCEED, directed burn, succession

A directed burn, drafted as BTP's SUCCEED operation: token A is provably destroyed under its own rules and a successor B is named, and A's backing moves to B. "Backing moves, it is never created." BTP is a draft and does not exist.

Used by: block.space

Used on #

• BTP, the Blockspace Token Protocol

Sources #

1. block.space docs: BTP · block.space/docs/btp
2. block.space docs: the axiom · block.space/docs/axiom