Address: 1PAYcaLeb2XXXXXXXXXXXXXXXXX111ArAm

Script: 76a914f320e680c0b2e05157e9078066c6dc6fae745d2c88ac

Total Lost: 0.00002 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
1fa9569e796e4cdf08729f27a6232ff0db8e4ec2bd63e4d92fd361cbf2252ea7 297957
0.00002 BTC
now $1.25
0.00002 BTC