GIBX presents Proof-of-burn (PoB) blockchain consensus mechanism with minimal energy consumption. This decentralized platforms employing the PoB method ensure miners reach a consensus by burning coins.
For cryptocurrencies that employ the GIBX POB (proof of burn) mechanism, destroying the coins can value the newly issued digital assets. The GIBX POB (proof of burn) mechanism demonstrates the user's investment in the network by destroying the encryp...