What is Proof of Burn and what purpose does it serve for crypto Proof-of-Burn (PoB) is one of the lesser-known consensus mechanisms in the crypto landscape. Its uses are as varied as the more conventional ones like Proof-of-Work (PoW) or Proof of Stake (PoS) but it handles digital assets differently. Though it is used less often, it’s still a reliable mechanism with various benefits to the average crypto investor.
