A token burnA token burn is a process used to destroy tokens to reduce the total supply. The purpose of a token... Read More event refers to when an amount of tokens are removed from the circulating supplyCirculating supply is the supply that is currently in the hands of the general public. In the case of fairly... Read More. This is done either by sending the tokens to a burn address “addresses with very improbable private keyIn the context of cryptocurrency, a private key is a number that allows users to sign transactions and to generate... Read More generation chance”, or to a smart contractA smart contract is a piece of computer software that is designed as an automated self-enforcing contract, which means it triggers certain... Read More that is meant to delete the tokens.
