Cardano may be exploring token burning options, according to an update shared by Cardano developer IOHK.
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IOHK shared a status update detailing the activities carried out by the development team. In addition to decentralization, the report includes the statement that printing and burning options are examined for Hydra, Cardano’s expected update. Hydra focuses on second-layer solutions aimed at improving the scalability and security of the network.
https://twitter.com/InputOutputHK/status/1504906750021062658
Hoskinson Said It Wasn’t Concerned
Cardano community on the other hand, Cardano founder He has long criticized Charles Hoskinson for token burning. Hoskinson has previously responded to these criticisms and said that there is no possibility of burning a token.
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