You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S5W4 - Apa Itu Token Burn dan Kegunaannya Untuk Ecosystem Crypto.

in SteemitCryptoAcademy2 years ago

one position can indeed make the value of the coin value. but there is a negative impact too, the developer can use this to launder money in crypto by sending crypto to be burned to a private wallet and this is very possible. Therefore, for EVM-based crypto (0x) it has a death wallet address where the wallet is owned by the founder of ETH himself Vitalik.