Burned Tokens
By CoinGecko | Updated on Jul 28, 2020
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable. Example burn addresses include 1BitcoinEaterAddressDontSendf59kuE on Bitcoin or 0x0000000000000000000000000000000000000000 on Ethereum.
Related Terms
Permissioned Blockchain
It is a private blockchain where the nodes must be previously authorized by a central entity.
Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
YTD
Acronym for Year-to-date
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
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