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Ethereum World News 2021-03-14 16:17:27

3M+ ZIL Removed From Circulation Since Zilliqa Introduced ‘Burning’

In brief: Over 3 million Zilliqa coins have been removed from circulation since the network implemented its version of burning ZIL ZIL fee burning, simply sends the gas paid out in each transaction to a special address where all mining rewards come from This gas can then be used for block rewards in a process known as ‘recycling’ The President of Zilliqa, Amrit Kummer, has updated the ZIL community via Twitter that over 3 million ZIL tokens have been removed […]

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