Difference between revisions of "Proof of Burn (PoB)"

338 bytes added ,  13:35, 26 April 2022
Created page with "A type of consensus algorithm that requires users to "burn" or exchange some tokens by sending them to an unspendable address, thus proving they are real and active participants in the network. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary"
(Created page with "A type of consensus algorithm that requires users to "burn" or exchange some tokens by sending them to an unspendable address, thus proving they are real and active participants in the network. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary")
 
(No difference)