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  3. What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply? Marina Protocol Today Quiz Answer

What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply? Marina Protocol Today Quiz Answer

What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply? The correct answer is Burning.

by Abisha

Updated Feb 12, 2024

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What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply? Marina Protocol Today Quiz Answer

What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply?

A) Staking

B) Burning

C) Minting

D) Collateralizing

The correct answer is Burning.

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What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply? - FAQ

1. What term describes the process of voluntarily giving up ownership of cryptocurrencies to reduce the total supply?

The correct answer is Burning.

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