Address: 11589b3caadbd4odbXXXXXXXXXXWTF16u

Script: 76a91400037120f7f4a39fbecc3c086344e82bc1afd94c88ac

Total Lost: 0.001 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
2dd6e12e5a88ce3a11a64b88b6bb61e8116dea446988acb27dc7bf537ef7efa4 176299
0.001 BTC
now $62.69
0.001 BTC