What is proof of burn? Seems it's a brand new algo.
dcrypt is the hashing algorithm. Proof of Burn is a new proof model - if it can be called that.
You can read more about Proof of Burn in the Slimcoin whitepaper:
https://slimcoin.org/images/downloads/slimcoin_whitepaper.pdfNote that Third Generation Coin is a fork of Slimcoin with the only difference being the supply, block confirmation times, and that sort of thing - so its inner workings are the same.