1H
0.10%$0.0000
24H
5.10%$0.0022
7D
-23.7%$0.0143
30D
-40.8%$0.0316
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.
While our previous guide ‘What is Ripple (XRP)?’ provided deep insights into the currency’s nature, explained the difference between Ripple and XRP, and clarified how the whole system works, this guide will give you clear instructions on how to buy this promising asset.