1H
0.00%$0.0000
24H
-8.13%$0.0001
7D
-5.66%$0.0000
30D
-43.2%$0.0006
Proof-of-Burn is a consensus algorithm that uses the burning of coins to create value. This guide will explore what Proof-of-Burn is, how it works, and its advantages over other consensus algorithms such as proof of work.
Here’s a cool guide by Chief R&D Officer at 482.solutions Alexander Ivanov about both: classic and most popular ERC token standards.