Token Burn

De CoinGecko| Actualizat la Mar 03, 2020
Fret not, there are no virtual fires here. A token burn event refers when an amount of tokens are removed from the circulating supply, this is done either by sending the tokens to a burn address "addresses with very improbable private key generation chance", or to a smart contract that is meant to delete the tokens.

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Termeni asociați

Bullish
A term used to indicate positive sentiment towards the market or an asset, where investors believe that there will be upward price movement.
Segregated Witness (SegWit)
A soft fork implementation to change the Bitcoin Protocol's transaction format to address Bitcoin's scalability issues whilst introducing new features.
Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
Private Keys
The alphanumeric string which allows transactions from the cryptocurrency address
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