Transaction 055bf65587ea7ee0d47c640acf8559554d6f27aa62d7500d3f840171545a9f5c

Block #283609

2014-02-01 17:09:19 +0000 UTC (~10 years, 6 months ago)

BTC Burned: 🔥1 BTC🔥

Inputs

1MTgUWDAa6W7eWpGdN98Hy8fKGsnm7rgVA

OP_DUP OP_HASH160 e06e4836b9bf5b40508c799d2b1b8f9dd90ad904 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

Outputs

1CounterpartyXXXXXXXXXXXXXXXUWLpVr

OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

How did this transaction 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

Raw Transaction

{
  "txid": "055bf65587ea7ee0d47c640acf8559554d6f27aa62d7500d3f840171545a9f5c",
  "hash": "055bf65587ea7ee0d47c640acf8559554d6f27aa62d7500d3f840171545a9f5c",
  "version": 1,
  "size": 223,
  "vsize": 223,
  "weight": 892,
  "locktime": 0,
  "vin": [
    {
      "txid": "06341b71e700f5be55769d8dc37b0d2d0caf66d0d474f2faba89dc1c80081465",
      "vout": 0,
      "scriptSig": {
        "asm": "3044022056f2e9913ae972eab3ce5c617d7ceb8113c9b6d9a62c428f318082ea466644cd02207a468aff9b77e1d6c8d4433fac9172efde7766a0f3169cae8eb4fae5cc05ff30[ALL] 044d08169a2980f36b60f973e3a4484f661c1da4125ffc668ae9581cb06ee898f64ecc0ea2534bd504e53ec492e78c0d8d6e19bf9b791f174f935e92bd536a1da7",
        "hex": "473044022056f2e9913ae972eab3ce5c617d7ceb8113c9b6d9a62c428f318082ea466644cd02207a468aff9b77e1d6c8d4433fac9172efde7766a0f3169cae8eb4fae5cc05ff300141044d08169a2980f36b60f973e3a4484f661c1da4125ffc668ae9581cb06ee898f64ecc0ea2534bd504e53ec492e78c0d8d6e19bf9b791f174f935e92bd536a1da7"
      },
      "prevout": {
        "generated": false,
        "height": 283608,
        "value": "1.00010000",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 e06e4836b9bf5b40508c799d2b1b8f9dd90ad904 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1MTgUWDAa6W7eWpGdN98Hy8fKGsnm7rgVA)#c6vqpg5y",
          "hex": "76a914e06e4836b9bf5b40508c799d2b1b8f9dd90ad90488ac",
          "address": "1MTgUWDAa6W7eWpGdN98Hy8fKGsnm7rgVA",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "1.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1CounterpartyXXXXXXXXXXXXXXXUWLpVr)#v66r8cp2",
        "hex": "76a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac",
        "address": "1CounterpartyXXXXXXXXXXXXXXXUWLpVr",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "0100000001651408801cdc89bafaf274d4d066af0c2d0d7bc38d9d7655bef500e7711b3406000000008a473044022056f2e9913ae972eab3ce5c617d7ceb8113c9b6d9a62c428f318082ea466644cd02207a468aff9b77e1d6c8d4433fac9172efde7766a0f3169cae8eb4fae5cc05ff300141044d08169a2980f36b60f973e3a4484f661c1da4125ffc668ae9581cb06ee898f64ecc0ea2534bd504e53ec492e78c0d8d6e19bf9b791f174f935e92bd536a1da7ffffffff0100e1f505000000001976a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac00000000"
}