Address: 111111111111111111114ysyUW1

Script: 76a914000000000000000000000000000000000000002388ac

Total Lost: 0.0000534 BTC

Transactions: 1

How did this script burn BTC?

Burn Address

Bitcoin addresses are generated by base58 or bech32 encoding the hash of a public key or script, along with a version and checksum.

As the encoding is directly performed on this hash value, it is possible to generate a valid address for which the pre-image public key or script is unknown. This is known as a burn address.

This is commonly done to create a visually distinct address, and to demonstrate some level of “nothing up my sleeve” transparency. The hash values are picked to be values that are improbably to have been generated by chance (due to the immense computational power required to find a pre-image that hashes to a specific value).

While some burn addresses were used in Proof-of-Burn schemes, the majority of burn addresses are simply vanity addresses used to simply burn coins or encode a message into the blockchain.

View revision history
Transaction ID Block Height Amount
143a3d7e7599557f9d63e7f224f34d33e9251b2c23c38f95631b3a54de53f024 306204
0.0000534 BTC
now $3.35
0.0000534 BTC