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12Ships TSHP: Coin Burn

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Event date: November 4 to 8, 2019 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.

12Ships Official
@TwelveShips12
[Notice] 1st Burning of TSHP As announced previously, all mined BCH volume from beta testing will be burned during November 4 ~ 8 period. Once the burning is complete, the burned number of TSHP will show up on Ether Scan. Thank you.
The event is about to begin
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