CherryBlossom
Sat Aug 31 2024
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0 answers
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What is proof of burn in Koinos?
Could you please elaborate on the concept of "proof of burn" in the context of Koinos? How does it differ from other consensus mechanisms used in cryptocurrency, and what specific role does it play in the Koinos ecosystem? How does it contribute to the security and decentralization of the network? Additionally, could you provide an example or illustration to further clarify this unique feature of Koinos?
