1H
-0.11%$0.0004
24H
3.20%$0.0123
7D
2.42%$0.0094
30D
-1.17%$0.0047
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.
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