Only by destroying 90% of the total supply can inflation be eliminated
Cathi Vanderkar JsoCam
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$BTTC BTTC has a burning mechanism. BitTorrent Chain (BTTC) truly has a burning mechanism and has taken burning actions. According to official information, BTTC accounts for 28% of the total issued amount of BTTOLD that has been burned, with a total burn reaching 279,059,038,383 VND. Furthermore, during the community's participation in launching the BTTC mainnet, over 7 billion BTTOLD has also been burned. These burning actions demonstrate that BTTC has a burning mechanism, and this mechanism has been applied in practice. The burning mechanism in blockchain projects is not uncommon; it is often used to reduce the supply of tokens, which can increase the value or stability of the token. However, the specific effects and impacts of the burning mechanism depend on many factors, including the amount burned, frequency, and supply-demand relationship in the market. Therefore, for BTTC, the implementation of the burning mechanism may affect the token's price and its ecosystem, but the specific effectiveness still needs to be observed and analyzed further. $BTTC
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