PoB is the acronym for Proof-of-Burn. 

      Proof-of-Burn is an experimental consensus algorithm used in distributed cryptocurrency networks. PoB utilizes a novel preposition of a burning assets; Burning is intended as a tool to combat inflation, whenever an asset is “burned” it is removed from circulation. 

     The logic behind burning comes from the counter-stance of legacy economic systems; in traditional economics, if we increase supply then we decrease each units value. Therefore, if we remove supply we increase each units face value?



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

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