August 2018
Intermediate to advanced
404 pages
11h 19m
English
Content preview from Ethereum Cookbook
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Creating a token that can be burnt
If new tokens can be created as per requirement, then we can also have a functionality that will delete the tokens from the network. In simple terms, burnt tokens cannot be spent anymore. In reality, decreasing the total supply can increase the value of each token in addition to other benefits.
In this recipe, you will learn a method to delete tokens permanently from the contract.