Proof-of-burn
Proof-of-burn is a consensus mechanism in which participants send coins to an address from which they cannot be spent, in order to earn the right to validate blocks.… Proof-of-burn is a consensus mechanism in which participants send coins to an address from which they cannot be spent, in order to earn the right to validate blocks. The term is also used for token burns, where supply is permanently removed from circulation. Read the latest news about Proof-of-burn on Cointelegraph. Proof-of-burn is a consensus mechanism in which participants send coins to an address from which they cannot be spent, in order to earn the right to validate blocks. The term is also used for token burns, where supply is permanently removed from circulation. Read the latest news about Proof-of-burn on Cointelegraph.
Proof-of-burn: All latest articles
