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03/09 16:54

What is 'PoB (Proof of Burn)'?

Could you explain what 'Proof of Burn' (PoB) is in the context of cryptocurrency? I'm interested in understanding its purpose, how it functions within blockchain networks, and any potential advantages or disadvantages associated with this consensus mechanism compared to others like Proof of Work or Proof of Stake. Thank you.
#Crypto FAQ
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