Proof of burn is leveraged by Counterparty [1]. Counterparty is a colored-coin system that uses Bitcoin. You can create tokens in it just like Ethereum. Bitc

Proof of burn is leveraged by Counterparty [1]. Counterparty is a colored-coin system that uses Bitcoin. You can create tokens in it just like Ethereum. Bitcoin's enormous popularity and ensuing transaction fee growth has made counterparty much less useful IMO. [1] https://en.wikipedia.org/wiki/Counterparty_(technology)#Use-cases https://en.wikipedia.org/wiki/Counterparty_(technology)#Use-...