What Is Coin Burn In Cryptocurrency: A Beginner's Guide For Investors What Is Coin Burn In Cryptocurrency: A Beginner's Guide For Investors
By:Sudhir Khatwani In:Cryptocurrency Last Updated:13/10/2018 Do you want to earn money from cryptocurrencies Of course! Well then, buy some cryptocurrencies that keep burning themselves. Burning in another novel way of earning from cryptocurrencies. For those of you who are aware of proof-of-work and proof-of-stake, coin burn as something similar to proof-of-burn about which I am going to talk later in the article. However, if you don't understand proof-of-work and proof-of-stake, consider going through the link below. It will help you understand why do we burn coins in cryptocurrencies. Coin burn in cryptocurrencies means sending some of the coins of native cryptocurrency or some other currency to a public address from which those particular coins can never be spent because the private keys of such an address are unobtainable. This posting was first found by us on February 21, 2018 5:00 PM. Share this content on social media: Browse coinsutra.com for more.   Log In to Comment


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