china wholesale beads and jewelry supplies Who is the ETH destruction mechanism that is destroyed

dog print jewelry paw print jewelry wholesale Destroyed an ETH that enters the black hole address, or token issuers who have not flowed into the market or held. COIN Burning is to remove the tokens from the circulation permanently. In other words, the destroyed tokens are equivalent to permanently frozen and can no longer flow into the market.
The expansion information:
, how to achieve the destruction of the tokens?
The most common method is to put token into the black hole address. The black hole address (Eater Address) refers to the address that lost the private key or cannot determine its private key. These addresses are like black holes. It can only be in the black hole address. The market is circulating.
As of today, there are about 13.2bTC mentioned in the Bitcoin black hole address mentioned above, and the Ethereum black hole address is about 7780ETH.
, I do n’t know if you have so many coins? Someone may ask, can I crack and "steal" the coins inside?
Is know that the private key generates the public key and the public key generates the address, but the address cannot be pushed out of the private key. If you want to "steal", you can only crack violently, that is, take the private key one by one. In the article "How Safety the Safety of Bitcoin", the vernacular blockchain has introduced the difficulty of bruch:
. In the number of sand more than a earth, the number of "10 37 regions" is doubled. In the coin private key set, one by one test, to crack the private key corresponding to a certain address, it is more difficult than the sea fishing needle.
This is why it is almost impossible for any token to hit the black hole address above.
three, why destruction of tokens? The main reasons are the following:
1. The project uses the POB consensus mechanism. Pob (Proof of Burn), the burning certificate mechanism, is to prove the user's investment in the network by destroying cryptocurrencies, thereby obtaining the right to "mining" and verifying transactions. The more burning (destruction), the greater the (virtual) computing power.
2, reduce circulation, thereby increasing the value of token. The supply and demand relationship affects the price. When other conditions remain unchanged, the supply decreases and the price will rise. Some projects will reduce the amount of circulation in the market by destroying the tokens, thereby increasing the value to the tokens, such as Binance and Huobo will regularly destroy some platform coins.
In addition, there are other reasons that may be destroyed to the tokens, such as the user's mistake or intention to put the tokens into the black hole address, or the default GAS combustion address of some project smart contracts, etc. Wait.