1H
0.00%$0.0000
24H
0.00%$0.0000
7D
-2.73%$109
30D
-13.3%$593
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.
This guide will explain the mechanism behind Non-Transferable Tokens (NTTs), a slight upgrade to the popular non-fungible tokens (NFTs), and provide answers to all lingering questions about this idealized innovation.