Proof-of-Burn (PoB)
Definition of what Proof-of-Burn (PoB) stands for (in finance):
A consensus mechanism that requires participants to destroy tokens as proof of investment in the network.
More Term Definitions
- Automated Market Maker (AMM)
- Hyperscaling Definition
- Banking Of Things (BoT) Definition
- Flow Of Fees Definition
- Delegated Proof-of-Stake (DPoS) Definition
