1H
2.98%$0.0012
24H
1.78%$0.0007
7D
37.9%$0.0111
30D
39.3%$0.0114
A group of the major fintech industry players are working on a new version of the blockchain technology as part of the Open Ledger Project.
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.