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SCRIV NETWORK: Coin Burn

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4 Million SCRIV (2.7% of total supply) will be burnt.

Event date: July 30, 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.

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