1H
-0.48%$0.0000
24H
-7.54%$0.0005
7D
-28.8%$0.0027
30D
-58.3%$0.0093
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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.