1H
-0.34%$0.0397
24H
-1.30%$0.1532
7D
14.4%$1.46
30D
-29.7%$4.90
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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.