Tag: proof of burn

Proof of Stake vs Proof of Work vs Proof of Burn

Many different technologies exist within the world of bitcoin and cryptocurrency. Proof of work is by far the most commonly used protocol, which allows users to generate new coins by mining. Proof of stake is also quite popular, as it lets users earn an interest for keeping funds in their wallet. Proof of Burn is also a nifty concept that is currently underappreciated. Now would be a good time to …
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