1H
0.00%$0.0000
24H
0.00%$0.0000
7D
0.00%$0.0000
30D
-5.02%$0.0038
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.
Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions.