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
- Access-to-Account (XSTA, XS2A)
- Proof-of-Burn (PoB) Definition
- Collaborative Finance Definition
- Edge Computing Definition
- Process Mining Definition
