Partnership With Metera

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Burning Proof ( PoB ) protocol introduction Recently, the Iagon team developed a burn proof ( PoB ) protocol suitable for the Cardano ecosystem in response to the question raised by Charles Hoskinson. This article will introduce this solution, with the main content including: 1. Overview of Proof of Burn Mechanism and Applications 2. Iagon's PoB protocol implementation on the Cardano network 3. Deployment and testing of smart contracts 4. Execute the PoB protocol by sending tokens to the "black hole" address. 1. Proof of Burn and its Applications The burning of cryptocurrency tokens is essentially the act of sending tokens to an inaccessible "black hole" address. This process is verifiable, but only the committed value is known. The burning mechanism can be used to increase the value of the remaining tokens or as proof of commitment for a blockchain protocol. The security of proof of burn is based on cryptographic hash functions.

The Agora document ecosystem launched by Iagon aims to manage public documents through community collaboration, supports the issuance and trading of NFTs, and emphasizes Decentralization and user privacy. The platform introduces social and technical review mechanisms to reduce illegal content and establishes a reputation score system to encourage positive interaction. The ultimate goal is to become a complete NFT trading market and promote community participation.