The following guide explains the key aspects of coin burning - a process of removing a certain amount of coins from its circulating supply: What is Coin Burning? - The Two Types Of Coin Burning
There are two main types of coin burning that are implemented in the crypto industry explained in the guide above: protocol level mechanism and economic policy, as well as the reasons why coin burning has been utilized by several top blockchain networks.
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source https://www.reddit.com/r/btc/comments/povsr1/what_is_coin_burning_guide/
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