Address: 1CzarpartyxxxxxxxxxxxxxxxxxxVpVnVc

Script: 76a914838d5b847f3d063974e1b572c258ac4d95f4298d88ac

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
aeb2ca68c634f5e648b062028fd9a33f4911cb36c9da3e7bee5f5a7d85693f43 331213
0.001 BTC
now $62.77
0.001 BTC