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        This Is What GIBX POB Is All About!
        Posted: November 29, 2021
        Proof-of-burn (PoB) is a blockchain consensus mechanism with minimal energy consumption, compared to proof-of-work (PoW). Decentralized platforms employing the PoB method ensure miners reach a consensus by burning coins. Burning is the process of permanently eliminating cryptos from circulation.
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        Posted By: What is GIBX POB
        Description: GIBX Proof of Burn model is GIBX's first burning black hole mining mechanism, a brand new mechanism developed based on capacity storage proof and using a super-deflationary destruction coin burning mechanism as an economic model.
        City: Bandar Seri Begawan, Brunei
        Website: http://www.youtube.com/watch?v=trlzr4K-JVc
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