Speaking over the weekend in a surprise AMA from Ethiopia, Cardano founder Charles Hoskinson called a viewer “another idiot” following his question about plans to burn ADA.Recently, rumors of an ADA burn have been building. But as explained by Hoskinson, token burning is a fruitless exercise that won’t achieve what burn proponents expect.Why burning Cardano won’t workIn setting … [Read more...] about Cardano founder sets the record straight over talk of an ADA burn
Burn
Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’
Binance has pulled a new trick out of its bag as it plans to introduce a real-time burning mechanism, Binance Evolution Protocol, BEP-95, to its Binance Smart Chain (BSC) network. This was announced via a press statement issued by the largest crypto exchange by trading volume recently.Binance proposed BEP-95 upgradeAccording to the released statement, the new BEP-95 will lead … [Read more...] about Supply for Binance Coin set to decrease as BEP-95 seeks to burn BNB in ‘real time’