ERC20/Eth splitting and merging
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This article mentions token splitting and merging:
https://medium.com/loom-network/plasma-cash-initial-release-plasma-backed-nfts-now-available-on-loom-network-sidechains-37976d0cfccd
Next Steps — Token Splitting and Merging
Our next steps are to add support for ERC20 tokens and ETH.
Now that Plasma Cash for ETH, ERC20 has been released, does it support token splitting/merging?
We've been discussing Merging & Splitting for a while, I do not have a clear design for it. This thread from ethresear.ch may provide you some guidance https://ethresear.ch/t/one-proposal-for-plasma-cash-with-coin-splitting-and-merging/1447
With regards to supporting arbitrary denomination payments with ETH/ERC20 tokens, I'm prototyping a construction called Plasma Debit https://ethresear.ch/t/plasma-debit-arbitrary-denomination-payments-in-plasma-cash/2198. This is still not finalized neither has a spec so it's all very experimental at the moment. I have an open PR that will address this eventually #115
Closing, feel free to reopen if there's further questions on this matter