1H
0.10%$0.0000
24H
-0.16%$0.0000
7D
19.6%$0.0001
30D
-36.1%$0.0002
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 this guide, our primary focus will be on the newly launched cloud infrastructure of Binance, dubbed Binance Cloud.