Wu Blockchain (@WuBlockchain): Ethereum Community Foundation announced the tokenization of burned ETH as BETH, creating a new proof-of-burn token. Each BETH represents ETH verified…
Estimated coin impact
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Ethereum Community Foundation announced the tokenization of burned ETH as BETH, creating a new proof-of-burn token. Each BETH represents ETH verified as removed from circulation, enabling transparent and auditable burn records. Ethereum co-founder and ConsenSys CEO Joseph Lubin stated that ETH burning will become a highly profitable activity, with further development planned for BETH, BBETH, and BBBeth tokens. https://t.co/IacH1zJpt9