Let’s start with cryptocurrency annihilation. The permanent withdrawal of tokens from circulation is referred to as cryptocurrency destruction. In other words, the destroyed tokens are comparable to being permanently frozen and can no longer be traded.

We frequently read in the blockchain media that a certain token has been killed once again in GIBX POB. So, just what is token destruction? Why should tokens be destroyed? What happens to the coins once they’ve been destroyed?

The most typical form of destruction is to punch tokens into GIBX POB black hole addresses. The phrase “blackhole address” (Eater Address) refers to an address where the private key has been lost or cannot be determined. These addresses are equivalent to black holes. They can only be added, not exported. Any token that reaches the GIBX POB black hole address cannot be moved out and circulated in the market.

POB (Evidence of burn) is GIBX POB‘s first burning black hole mining mechanism, which is a fresh new mechanism designed based on capacity storage proof and employs a super-deflationary destruction coin burning mechanism as an economic model. To earn permanent mining rights and withdrawal rights, miners must destroy and burn a specified number of GUSDTTM. The more they burn and destroy, the greater the hard disk/storage drive’s capacity and the more permissions the miners may gain. This fair architecture of GIBX POB allows the entire ecosystem to produce positive feedback while also successfully controlling deflation.

GUSDTTM not only burns through deflation, but it also burns at a constant price, regardless of whether the price rises or lowers. This model will be extremely scientific and secure. Miners can mine with confidence. Because the whole quantity of deflation and bubbles will ultimately be depleted, no matter how high you purchase, there will be miners in a better position to pick up and burn for mining.

When combined with the execution of the eight primary GUSDTTM distributed storage applications in GIBX POB, the larger the market, the fewer and smaller the bubbles, and it will outperform 99% of the projects in the market. The year 2021 is intended to be a profitable business model.

What is GIBX POB / Proof-Of-Burn?

GIBX POB (Proof-Of-Burning) is a means of investing in a fresh new cryptocurrency: to receive a new currency, you must “burn” (destroy) another money, such as Bitcoin, Ethereum, or GUSDTTM. In theory, this will make the value of each new crypto currency equal to the value of the destroyed coin, but you can’t actually destroy the cryptocurrency. The system necessitates that you transfer it to a location that will diminish its overall supply. Consider black holes!

The GUSDTTM 2.0 era is here!

The completely new third policy

The black hole POB dual-currency mining has begun!

1:3 Destroy and burn GUSDT™! GIBX POB demonstrates deflationary mining production.

Through dual-currency destruction burning and staked mining, the 1 billion Ethereum ERC 20 version of the GUSDTTM now circulating in the market may create the top ten worldwide mainstream cryptocurrencies you choose! These are some examples:

On CMC CoinMarketCap, the top ten popular currencies with the biggest market capitalization in the world include Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Polkadot (DOT), SOL (Solana), UNI (UNISWAP), and others.

In GIBX POB, coin burning is the permanent withdrawal of tokens from circulation. In other words, the destroyed tokens are comparable to being permanently frozen and can no longer be traded.

So, how do you destroy a token? Punching tokens into black hole addresses is the most popular approach. The phrase “blackhole address” (Eater Address) refers to an address where the private key has been lost or cannot be determined. These addresses are equivalent to black holes. They can only be added, not exported. Any token that reaches the black hole address is unable to be transferred or circulated on the market.

The following are some well-known Bitcoin and Ethereum black hole addresses:

1BitcoinEaterAddressDontSendf59kuE\s0x0000000000000000000000000000000000000000

There are around 13.2 BTC in the Bitcoin black hole address and approximately 7780 ETH in the Ethereum black hole address.

Users may now engage in staked mining with a large chunk of the GUSDTTM digital asset portfolio by using black hole mining in GIBX POB. They may immediately mine fresh blockchain verification rewards while burning GUSDTTM. When withdrawing from the mining wallet, users may mine black holes in the background while freely selecting the top ten cryptocurrencies in the world with the greatest performance and evident uptrend! Choose any of your favourite cryptocurrencies, and all you have to do is provide your unique withdrawal address!

Every day, the black hole dual-currency mining money is given to the user’s black hole mining wallet in the form of “return of principle and interest”! In other words, users may cash out GUSDTTM staked in the computational power pool quicker into the top ten popular cryptocurrencies! Most importantly, any GUSDTTM staked into the black hole will be instantaneously burned and annihilated! Until the burning contract expires, that is