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2278d · Memo
why does market cap not update after token is burned?
replied 2276d
isnt it difficult to know if tokens are actually burned? How would we know a burn address from any other address?
replied 2276d
The utxo is spent without the op return data so the tokens get burnt. Simpleledger.info shows token burns, though sometimes not immediately because of slpdb being laggy.
replied 2275d
thanks, was under the impression that burning just meant sending to an address with an unknown private key.
replied 2275d
glad to clarify :)
replied 2276d
it did update eventually.