Acronym Dictionary 4.0
Some do not use
Cryptocurrencies
Others
NI
One Peso Coins
An acronym is a word formed by the combination of elements from two or more words, or an abbreviation that, due to its widespread use, is pronounced as a word.
An example of this is the one used in the previous title.
This type of word is often used in the Blockchain and Cryptocurrencies world.
So my dear materialists, let's continue learning more about these terms:
Proof of Burn (PoB): a protocol in which a certain amount of tokens are “burned,” meaning they are sent to an address from which they cannot be moved again. This gives more value to the remaining tokens.
So you already know, my dear materialists, from now on every time you need to use one of these terms you can use your acronym dictionary 4.0: the go-to guide for NOBLOCKS (Newbies of the BLOCKchain). 🧠