What consensus algo uses a method of sending coins to an address where they cannot be retrieved?
What consensus algo uses a method of sending coins to an address where they cannot be retrieved?
Proof of Burn is a consensus algorithm that involves sending coins to an address where they cannot be retrieved. This process is called 'burning' coins, and it ensures that the coins are effectively removed from circulation, which can be used to demonstrate commitment or investment in a particular blockchain or project.
Answer should be C, proof of burn: https://en.bitcoin.it/wiki/Proof_of_burn
bfa says C as well
need up date on the answer...