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NativeCoin N8V: Coin Burn
The $WSX Coin Burn will be taking place on block 853,500, giving active community members 30 days to move all their coins to an address under their control. Any unspent transaction outputs (UTXOs) on or prior to block 690,000 having an age of over a year will be burned.
#WSX
Event date: December 11 to 14, 2018 UTC
What is coin (token) burn?
A coin (token) burn is a process of sending a certain amount of cryptocurrency to a public address that has unobtainable private keys. In the future, the sent coins cannot be spent, thus the coin burn leads to an overall decrease in the cryptocurrency circulating supply.
The $WSX Coin Burn will be taking place on block 853,500, giving active community members 30 days to move all their coins to an address under their control. Any unspent transaction outputs (UTXOs) on or prior to block 690,000 having an age of over a year will be burned.
#WSX
The event is about to begin
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