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
- Howey Test Definition
- Intelligent Virtual Assistant (IVA) Definition
- Small And Medium-Sized Enterprise (SME) Definition
- Wallet Import Format (WIF) Definition
- Quick Response Code (QR Code) Definition
