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The Ethereum Community Foundation announced that it will tokenize burned ETH into BETH to provide a new proof-of-burn mechanism.
a day ago

The Ethereum Community Foundation announced today that it will tokenize burned ETH into BETH, providing a new proof-of-burn token for Ethereum. Each BETH token represents verified ETH removed from circulation, creating a transparent and auditable burn record.

Ethereum co-founder and Consensys CEO Joseph Lubin retweeted the post, expressing his appreciation for the team’s work.

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