Quote from: Gorosden on May 16, 2021, 08:50:05 AM

Quote from: akhatti on May 02, 2021, 03:35:46 PM

Hello guys,
I have recently come to know about cryptocurrency. It is amazing, how these digital currency eill revolutionise this world.
Since, I am following alot of coins. I have listen about burning of cryptocurrency. I am a little bit confused what does burning mean, I will be thankful if anybody explain this.
And I have seen major percentage of coins hold by this address 0x000000000000000000000000000000000000dead.
To whom this address belong? Is there anyone have access of this address ?

My advice is don't invest on crypto projects with only burning feature because that's all majority of those projects has to offer, burning off max supply of a coin or token doesn't mean the projects will have more value, burning of tokens isn't good use case

If it is the only feature that might be a little bit poor and short of what we should expect from a good cryptocurrency. It is nice to have though if you have a burning option or feature built into the protocol.