Bitcoin Forum
February 21, 2018, 04:29:21 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: HELP!! Token burning?  (Read 843 times)
hehemon
Jr. Member
*
Offline Offline

Activity: 59
Merit: 0


View Profile
September 13, 2017, 10:35:39 AM
 #1

what do you mean by token burning? are these the token that are wasted? what do they do with this? if this topic has a similar thread. kindly link it please.

QUANTUM 1NET • QUANTUM HACKING IS COMING. ARE YOU READY? • QUANTUM 1NET  (https://quantum1net.com/)
1519187361
Hero Member
*
Offline Offline

Posts: 1519187361

View Profile Personal Message (Offline)

Ignore
1519187361
Reply with quote  #2

1519187361
Report to moderator
1519187361
Hero Member
*
Offline Offline

Posts: 1519187361

View Profile Personal Message (Offline)

Ignore
1519187361
Reply with quote  #2

1519187361
Report to moderator
1519187361
Hero Member
*
Offline Offline

Posts: 1519187361

View Profile Personal Message (Offline)

Ignore
1519187361
Reply with quote  #2

1519187361
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MMysterious
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250



View Profile
September 13, 2017, 10:41:13 AM
 #2

When they say they'd burn the tokens those are mostly unsold tokens during the ICO sale so that the only ones circulating would be the ones bought by the investors and those that are given in bounties.

Nousplatform██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
|██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
██  ██  █
twobits
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
September 13, 2017, 11:10:23 AM
 #3

what do you mean by token burning? are these the token that are wasted? what do they do with this? if this topic has a similar thread. kindly link it please.
The token burning mean those useless token will be sent to the unknown address which there is no person already had the key to open such address and if the project wants to migrate into another project and they should replace the supply with the new amount.

                ▄▄▄▄▄▄▄▄               
          ▄▄█▓▓▓▓▀▀▀▀▀▀▀▓▓▓█▄▄         
        █▓▓▀                ▀▓▓█▄       
     ▄█▓▓            ▄▄▄▄      ▀▓▓▄     
    █▓▓            ▄▓▓ ▓▓▓       ▀▓▓▄   
   ▓▓▀             ▓▓▌             ▓▓▄ 
  ▓▓▌           ▄█▓▓▓▓▓█▄           ▓▓ 
 ▐▓▓          █▓▓▀ ▓▓▌ ▀▓           ▐▓▓
 ▓▓▌         █▓▓   ▓▓▌               ▓▓
 ▓▓▌         ▓▓▓   ▓▓▌               ▓▓
 ▐▓▌          ▓▓█  ▓▓▌  ▄            ▓▓
  ▓▓           ▀▓▓▓▓▓▓█▓▓▀          ▓▓▌
   ▓▓             ▐▓▓▓             █▓▓ 
    ▓▓▄       ▄██ ▐▓▓             █▓▓   
     ▀▓█▄      ▀▓█▓▀            █▓▓     
       ▀▓▓▄▄                 ▄█▓▓       
          ▀▓▓██▄▄▄    ▄▄▄▄█▓▓▓         
               ▀▀▓▓▓▓▓▓▀▀▀             

CREDITS
[
Whitepaper    |    Linked In
FACEBOOK TWITTER ANN BOUNTY TELEGRAM
][ ]
jyotianand01
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


Gambling Investment Fund


View Profile
September 13, 2017, 12:37:50 PM
 #4

The token burning means the balance tokens out of total number of tokens which were not issued due to any reason after sales through ICO/airdrop/bounty, so that only circulating supply available in the market and no one dump the coin to manipulate the coin.


GIFcoin




.
Gambling
Investment Fund
  Invest in a working business  .......     ✔︎ 
  80% of the net profits are shared .....      ✔︎ 
  Profit share token                        ✔︎ 
Follow us & check out the .      whitepaper     .
.
Website    Announcement    Twitter    Telegram    Facebook
LiGuBi
Sr. Member
****
Offline Offline

Activity: 318
Merit: 250


View Profile
September 13, 2017, 05:33:26 PM
 #5

It's good that Ico's burn tokens. Less circulating supply is higher token price when hitting the exchanges.




░░░░░░░▄▄█████▄▄▄░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░▄██████████████▄░░░░░░░░░░░░░░░░░░░▄██████▄▄░░░░░░
░░▄██████████████████▄░░░░░░░░░░░░░░▄████████████▄░░░░
██████████████████████▄░░░░░░░░░░▄████████████████▄░░
▄███████████████████████▄░░░░░░░▄████████████████████
██████████████████████████▄░░░▄███████████████████████
█████████████████████████████████████████████████████▀
█████████████████████████▀░░░░░▀████████████████████▀
██████████████████████▀░░░░░░░░░▀█████████████████▀░░
░░███████████████████▀░░░░░░░░░░░░░░▀████████████▀░░░░
░░░▀███████████████▀░░░░░░░░░░░░░░░░░░▀▀██████▀▀░░░░░░
░░░░░░▀█████████▀░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
mira  ▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
Cryptocurrencies have never been so easy
▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬▬▬▬▬▬ ● ● ● ● ▬
Facebook LinkedIn Twitter White Paper Google+   Youtube
▀▀
██
 
██
   
██
   
██
   
██
   
██
▄▄
 
[/center]
Bacchu
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250


The World's first compact & comfortable AR Smartgl


View Profile
September 13, 2017, 06:27:03 PM
 #6

what do you mean by token burning? are these the token that are wasted? what do they do with this? if this topic has a similar thread. kindly link it please.
Token burning is sending those coin into unknown address, actually the address is totally unknown or that address has no owner.A few days ago i have seen, OPUS burned about 58,00,00,000 Token/coin. Unfortunately I lost the transaction txd. but the address was like 0xc000000000000000000000000000000000000000, This address has no owner.so its called burning coin.

           ▄▄██▄▄
        ▄▄████▀▀▄▄▄▄
     ▄▄████▀▄▄███████▄▄
  ▄ ███████ ▀▀██████████▄▄
 ██ ███████    ▀▀███▀ ▀▀███
███ ████▀▀           ███▄▄▀█
███ █▀▀              ██████▄
███▄▄                ███████
███████              ███████
███████                ▀▀███
▀██████              ▄▄█ ███
█▄▀▀███           ▄▄████ ███
 ███▄▄ ▄███▄▄    ███████ ██
  ▀▀██████████▄▄ ███████ ▀
     ▀▀███████▀▀▄████▀▀
        ▀▀▀▀▄▄████▀▀
           ▀▀██▀▀
███████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████
███  ███         ███    ▄▄███████▄▄    ███         ███    ▄▄███████▄███
███  ███         ███   ████▀▀▀▀▀████   ███         ███   ████▀▀▀▀▀█████
███  ███         ███  ███▀       ▀███  ███         ███  ███▀       ▀███
███  ███         ███  ███              ███         ███  ███         ███
███  ███▄       ▄███  ███▄       ▄███  ███▄       ▄███  ███▄       ▄███
███   ████▄▄▄▄▄████    ████▄▄▄▄▄████    ████▄▄▄▄▄█████   ████▄▄▄▄▄████
███    ▀▀███████▀▀      ▀▀███████▀▀      ▀▀███████▀███    ▀▀███████▀▀
██████████████████████████████████████████████████████
██████████████████████████████████████████████▄▄▄████
██████████████████████████████████████████████████▀▀
TMlucyd
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|||
Hero_Member
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 13, 2017, 06:32:34 PM
 #7

But I have heard that some of them put unsold tokens on hold. Like freeze them or smth.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!