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❕NEWS Charles Hoskinson Pushes Cardano Team To Develop ADA's Proof-of-Burn App.

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Cardano is no doubt making life more comfortable for the ADAi Investors . The recent development is that the Founder and CEO of IOHK, the company behind Cardano blockchain says a new app will be developed that'll allow anyone to burn ADA, he said this in response to cardano's critics on twitter. He showed a Proof of Burn mechanism that allows anyone to destroy cryptocurrencies when sent to an address where it can't be withdrawn or spent. Hoskinson notes developers are already learning to make this app on Cardano.. Share your opinion.
 
I mean why would the ada investors want to burn their own coins? That's not a logical thing to do.. we buy coins to earn from it not to burn them for nothing.m burning should be the teams behind it to do
I replied that in anger because people are only concerning with what they will gain from the project irrespective of what it may cause the project owner
 
I think it is very important for an investor or holder of a coin to be concern about the developers because when they progress you also make progress.
 
Cardano is currently one of the best cryptocurrencies to invest on because of how hardworking their team. One sad thing is that I have not really invested in this beautiful crypto.
 
Although I think this development is probably to reduce the amount of supply ,but i am surprised because I don't know who would even prefer to burn his token just like that
 
Its a step forward towards increasing the price of Cardano. The issue would be to find people who will willingly burn their coins without any incentive.
 

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