A new sector brings with it new jargon, and the crypto world is certainly no different. One phrase you’re likely to hear frequently is “token burning,” which no doubt evokes a myriad of various images.
In actuality, the concept of burning tokens is an incredibly smart move that largely benefits investors. Contrary to the traditional financial world — which increases in value when money is added — the crypto world operates in the opposite way.
Read More Here: https://www.forbes.com/sites/eidoo/2017/11/29/token-burning-and-other-crypto-jargon-simplified/#156644ce54c4
