Address: 11111111111111Vs5QfW5Cq1qRN7N

Script: 76a914000000000000000000000000007465787400000088ac

Total Lost: 0.000055 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
89a4f828cc1c4e0f509794b0e98139566fa88e7d6ed68d0fe4d0171287477434 317850
0.000055 BTC
now $3.46
0.000055 BTC