Memo
Toggle navigation
Home
Posts
Tokens
Topics
Profiles
Signup
Login
Create account
TaiwanEbike
2278d
·
Memo
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
why does market cap not update after token is burned?
1
/ 5
6
1
5,000
Message
Cancel
Creating...
Processing...
e🌱xx🌱tra
replied
2276d
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
isnt it difficult to know if tokens are actually burned? How would we know a burn address from any other address?
2
5,000
Message
Cancel
Creating...
Processing...
spice_trader
1BkxLV
replied
2276d
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
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.
3
6,552
Message
Cancel
Creating...
Processing...
e🌱xx🌱tra
replied
2275d
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
thanks, was under the impression that burning just meant sending to an address with an unknown private key.
1
1,000
Message
Cancel
Creating...
Processing...
spice_trader
1BkxLV
replied
2275d
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
Block Explorer (BSV)
Blockchair
WhatsOnChain
ViaWallet
BCHSVExplorer
glad to clarify :)
Message
Cancel
Creating...
Processing...
TaiwanEbike
replied
2276d
Share
Explore
Block Explorer (BCH)
Blockchair
Member
ViaWallet
it did update eventually.
3
6,552
Message
Cancel
Creating...
Processing...