I didn't know about burning coins ? What is that?

Question

Ravencoin

Senkaka

I didn't know about burning coins ? What is that?

Also what is an asset i saw on the rvn blockchain?

#cryptocurrency #english #raven

0

22.12.2021

4 ответов

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Nonprophete 🅁🅅🄽

https://tronblack.medium.com/ravencoin-asset-faq-e0d04d460e9b

0

22.12.2021

Senkaka Автор вопроса

Nonprophete 🅁🅅🄽
https://tronblack.medium.com/ravencoin-asset-faq-e...

This is awesome. We basic tokenized everything in the future, what if it get too popular and crazy amount of creations, will it lead to too expensive to run those asset as a business? Not the cost to create ( it's 1 time fee burned) but for running and using it ? Cost will be burn as well? Or just go back to the ecosystem and pay for miner?

0

22.12.2021

Nonprophete 🅁🅅🄽

Senkaka
This is awesome. We basic tokenized everything in ...

If the price of creating an asset becomes prohibitive, it can be changed through a consensus vote.

0

22.12.2021

Nonprophete 🅁🅅🄽 · Accepted Answer

Nonprophete 🅁🅅🄽

It costs 500 RVN to create a main asset. Those RVN are then burned forever.

0

22.12.2021

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I didn't know about burning coins ? What is that?

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