Want coin growth? Proof of burn is the right way! GIBX Introduces POB: Proof of Burn
Posted: November 26, 2021
When a coin is burned, its being taken out of cirulation which means that the other coins that are in circulation are worth more. As the circulating supply decreases and the demand remains the same, then the value will increase. To participate in POB mining, head over to www.gibxchange.io
GIBX Proof of Burn is also said to be more effective than proof-of-work at ensuring coins are distributed fairly and decentralized. Contrast this with proof-of-work mining, where we've all seen how the rise of ASIC mining pools can lead to increased ...