1H
0.00%$0.0000
24H
0.00%$0.0000
7D
0.00%$0.0000
30D
79.7%$0.0000
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 following guide provides details on the architecture and features of Elrond – a blockchain that aims to provide efficiency, security, interoperability, and scalability beyond what is already obtainable.