1H
0.40%$0.0026
24H
-15.1%$0.1164
7D
-36.4%$0.3740
30D
-42.9%$0.4909
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.
The guide will introduce you to WAX – the first decentralized marketplace that focuses mainly on video games and trading virtual collectibles. It is the first protocol in which gamers can truly own their assets, without depending on a provider or network.