What crypto coin
The leader in news and information on cryptocurrency, digital assets to a burn address, i.
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Should You Burn Your Crypto?A coin burn is a deliberate, deflationary event. It operates in likeness to a stock buyback, where companies repurchase their own shares, effectively canceling. Proof of burn (POB) is an alternative consensus algorithm that tries to address the high energy consumption issue of a POW system. Token burning is the process by which a given amount of a crypto asset is permanently removed from the circulating supply in order to decrease the overall.
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