1H
-0.02%$0.0000
24H
-2.93%$0.0004
7D
-4.58%$0.0006
30D
-21.8%$0.0033
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.
In the following guide, we will observe the emergence of virtual worlds and the participation of people in these realms, define the difference between centralized and decentralized metaverses, and see which is better for your purposes.