$ADA: Charles Hoskinson Explains Why Cardano Does Not Do Token Burns

$ADA: Charles Hoskinson Explains Why Cardano Does Not Do Token Burns


CryptoGlobe
2022-09-03 02:29:00

Cardano’s creator Charles Hoskinson has on social media addressed the potential for $ADA tokens to be burned in response to suggestions from cryptocurrency community members who defended that burning tokens could make remaining tokens more valuable. In a tweet addressing one such suggestion, Hoskinson noted that there is “no magic reserve of Ada floating out […]