Image Source: AsiaOne
GIBXSWAP is a multinational technology company. GIBXSWAP is powered by proof-of-burn (PoB), a blockchain consensus mechanism with minimum energy consumptionSYDNEY, Australia - December 6, 2021 — GIBXSWAP is proud to announce that our newest GIBX POB (proof of burn) 2.0 has launched on 11th November. The GIBX POB (proof of burn) 2.0 will have no disruptions in operating mining and withdrawal because the new contract is mined by the new mining machines order from SAE Meta Global Inc of the United States. Newest GIBX POB (proof of burn) 2.0 mechanism The black hole burning demonstrates that GIBX POB (proof of burn) dual currency burn mining is our exchange's third-largest policy. The goal is to raise the value of our flagship token, GUSDT. In fact, GIBX POB (proof of burn) destroys one currency to obtain another. The burned currency will be sent to the black hole and will never return to the market, reducing the total supply of this currency. When the demand exceeds the supply, prices rise. This method is being used to raise the price of our GUSDT.
Source: AsiaOne