Μήνας: Οκτώβριος 2021

In  FinTech

What Does It Mean To Burn Crypto?

By tutto_admin | Comments: 0 | 25 Οκτωβρίου 2021

The frequency and timing of crypto burns can vary greatly depending on the specific cryptocurrency and the goals of the developers or organization behind it. Proof of burn mechanism occurs because it is applicable to pay for transaction fees. Whenever a Ripple transaction is made, a minor amount of that transaction is burnt. With this,