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Questions tagged [coin burn]

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CryptoKing CryptoKing Sun Sep 01 2024 | 7 answers 1761

What is a coin burn address?

Can you explain what a coin burn address is, and how it works in the context of cryptocurrency? I've heard it mentioned in a few discussions but I'm not entirely clear on the concept. Is it related to tokenomics or the supply of a particular cryptocurrency? And what are the potential benefits or drawbacks of using such an address?

What is a coin burn address?

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