You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S5W4 - Token Burn

in SteemitCryptoAcademy2 years ago

referred to as burn address and cannot be accessed by any individual.

These null addresses don't have any private key , so tokens can't be transferred out .

Besides the advantages mentioned , token burn aslo help in strengthening the crypto community by attracting investors .

Good luck

Coin Marketplace

STEEM 0.22
TRX 0.24
JST 0.038
BTC 94692.02
ETH 3236.92
USDT 1.00
SBD 3.29