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Nalezeno "Burning": 116

How staking incentivizes trust without burning energy


What if a financial system could run itself not by burning electricity, but by rewarding good behavior? That’s the promise of staking, a mechanism that powers many modern blockchains by turning users into network operators. In this week’s episode of The Clear Crypto Podcast, hosts...

Mantra says CEO has begun the process of burning his 150M OM tokens


Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply. Mantra announced on April 21 that the unstaking process had begun,...

Burning quantum-vulnerable BTC is the best option — Jameson Lopp


Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, recently argued against allowing quantum recovery of lost BTC and said that burning these coins to protect the integrity of the protocol was the preferable option.According to Lopp, allowing individuals or institutions...

Token burning, explained


Explore the impact of token burning and how this process influences cryptocurrency scarcity, its value and the project’s long-term growt

Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions


Ethereum has seen a surge in blob usage, averaging over 21,000 blobs this month, matching March's record activity.The Dencun upgrade allows Layer 2 solutions to efficiently bundle transactions and post them to Ethereum.Blob fees spiked, leading to the burning of over 166 ETH worth $560,000 in...

Street Fighter 6’s Version Of Terry Looks And Feels Tremendous In Action


Admittedly, I’m not the fighting game savant at this site, or even in my own circle of friends. Crucially, I think everyone plays more of this genre than myself, though I was a bit of a fighting game fiend growing up. That lack of experience didn’t impede me when it came to last year’s Street...

Binance takes to burning more than $1.17 billion worth of BNB tokens


Binance, a prime cryptocurrency exchange, has taken $1.17 billion worth of coins from circulation, amounting to 1.3% of the contained asset. For Binance, this is part of getting over its 27th quarterly BNB token burn exercise.  This was not the burning of tokens related to the Pioneer Bum program. ...

JustLend announces the buyback and burning of LP (JST/TRX) tokens


JustLend has announced the buyback and burning of LP tokens to increase the value of JST and TRX and strengthen the whole JustLend ecosystem. To do this, the stUSDT JustLend platform will allocate a portion of its earnings to the pooling and buyback of JST and TRX tokens into the JST/TRX liquidity...

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