Address: 1PAYzachXXXXXXXXXXXXXXXXXXWzzyDmGW

Script: 76a914f321379411cc2a6b4f1c3ea11062ab72862e159c88ac

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
a2b43c9051769737325fa2c9d5d1930b9d5f4efa4628a68194fe887c5a93cd7b 297962
0.00002 BTC
now $1.25
0.00002 BTC