_this-is-what-gibx-pob-is-all-about.jpg "This Is What GIBX POB Is All About! from gibx Video Screenshot Preview")
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⏲ Duration: 30 sec
✓ Published: 29-Nov-2021
✓ Published: 29-Nov-2021
Description:
Proof-of-burn (PoB) is a blockchain consensus mechanism with minimal energy consumption, compared to proof-of-work (PoW). Decentralized platforms employing the PoB method ensure miners reach a consensus by burning coins. Burning is the process of permanently eliminating cryptos from circulation.
Proof-of-burn (PoB) is a blockchain consensus mechanism with minimal energy consumption, compared to proof-of-work (PoW). Decentralized platforms employing the PoB method ensure miners reach a consensus by burning coins. Burning is the process of permanently eliminating cryptos from circulation.
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