What Is Coin Burning – Guide

Cryptocurrency News and Public Mining Pools

What Is Coin Burning – Guide

The following guide explains the key aspects of coin burning – a process of removing a certain amount of coins from its circulating supply: What is Coin Burning? – The Two Types Of Coin Burning

There are two main types of coin burning that are implemented in the crypto industry explained in the guide above: protocol level mechanism and economic policy, as well as the reasons why coin burning has been utilized by several top blockchain networks.

submitted by /u/thumbsdrivesmecrazy
[link] [comments]