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JestemZero
@jestemzero
Zero Contract Feature Highlight #5: ○ True Destroy of art versus Burn There is a large distinction here and I feel we need to change our language. The most common "burn" that people understand is sending a token to a burn address. This is used all the time. And it is the only way a collector has to get rid of a token. But in reality, this is just a token transfer to another wallet. This results in the artwork technically still in circulation just owned by a dead, unmanaged wallet. Destroy, in contrast, removes the token from circulation. The blockchain ledger takes it out of the entries. For provenance, we do keep the metadata information, but the token is now more a historical reference and nobody can ever own it again.
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marydeer🌼🎩
@marydeer
Wow, is that really possible?
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JestemZero
@jestemzero
Yes. This is not new. I didn't create the mechanism it is just not widely understood.
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marydeer🌼🎩
@marydeer
Nice!
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