Blockchain Fundamentals

Proof-of-Burn (PoB)

Also: PoB

A consensus method where participants prove commitment by sending coins to an address from which they can never be spent, "burning" them in exchange for the right to validate blocks. Rarely used in major networks.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.