Transaction 0ab2fda9a649faf65d48898d1bcb4c45ea0c30423080f3de8e39049fa595aef5

Block #383812

2015-11-16 07:42:17 +0000 UTC (~8 years, 8 months ago)

BTC Burned: 🔥0.0000543 BTC🔥


Inputs
1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95
0.01541136 BTC
now $937.55
0.01541136 BTC
OP_DUP OP_HASH160 a2b6834d32b366a21a254efd374a15b7e7e69a40 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
0.0000543 BTC
now $3.30
🔥0.0000543 BTC🔥
OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
OP_RETURN converted to ASCII � ���3We���b�"6r��/�
OP_RETURN fa0120b6f115fb3357131f65841d81d5060762e7bc223672f2c32fec nulldata
1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95
0.01525706 BTC
now $928.16
0.01525706 BTC
OP_DUP OP_HASH160 a2b6834d32b366a21a254efd374a15b7e7e69a40 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

How did this transaction burn BTC?

OP_RETURN outputs

OP_RETURN is a provably unspendable method that allows embedding of arbitrary data into the blockchain1.

OP_RETURN outputs are used to embed data such as messages, commitments from systems like Stacks2, or even files - there are no constraints on the nature of the data, only on the size per OP_RETURN output.

As they are provably unspendable, OP_RETURN outputs are pruned from the UTXO set automatically and do not contribute to the UTXO set size.

Although OP_RETURN outputs are exempted from the Dust Limit and can be 0-value, some users choose to transfer BTC to the output. This BTC is permanently and irreversibly lost, and reduces the circulating supply of Bitocin.

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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": "0ab2fda9a649faf65d48898d1bcb4c45ea0c30423080f3de8e39049fa595aef5",
  "hash": "0ab2fda9a649faf65d48898d1bcb4c45ea0c30423080f3de8e39049fa595aef5",
  "version": 1,
  "size": 264,
  "vsize": 264,
  "weight": 1056,
  "locktime": 0,
  "vin": [
    {
      "txid": "a7b8e89775964ce20c083e9b878197a3d6b41f5ede3f08f3ce7e99ea9bf13499",
      "vout": 2,
      "scriptSig": {
        "asm": "304402205284579aa1ae11af4a2d44d5f44d999de8eaf568439b9d6caa360cb2975cc8300220144ca47586694c890c5b03eaffb2676331668f0283c58418444e8312d2f1371e[ALL] 0337400b883907cc161f757d8584554f62eea82939723a76f110397bb19f95e332",
        "hex": "47304402205284579aa1ae11af4a2d44d5f44d999de8eaf568439b9d6caa360cb2975cc8300220144ca47586694c890c5b03eaffb2676331668f0283c58418444e8312d2f1371e01210337400b883907cc161f757d8584554f62eea82939723a76f110397bb19f95e332"
      },
      "prevout": {
        "generated": false,
        "height": 383795,
        "value": "0.01541136",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 a2b6834d32b366a21a254efd374a15b7e7e69a40 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95)#dhhreryu",
          "hex": "76a914a2b6834d32b366a21a254efd374a15b7e7e69a4088ac",
          "address": "1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00005430",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1CounterpartyXXXXXXXXXXXXXXXUWLpVr)#v66r8cp2",
        "hex": "76a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac",
        "address": "1CounterpartyXXXXXXXXXXXXXXXUWLpVr",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00000000",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_RETURN fa0120b6f115fb3357131f65841d81d5060762e7bc223672f2c32fec",
        "desc": "raw(6a1cfa0120b6f115fb3357131f65841d81d5060762e7bc223672f2c32fec)#5eqklkp9",
        "hex": "6a1cfa0120b6f115fb3357131f65841d81d5060762e7bc223672f2c32fec",
        "type": "nulldata"
      }
    },
    {
      "value": "0.01525706",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 a2b6834d32b366a21a254efd374a15b7e7e69a40 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95)#dhhreryu",
        "hex": "76a914a2b6834d32b366a21a254efd374a15b7e7e69a4088ac",
        "address": "1FqM7J74xKBqtJrfLcVNtfnAfBf7HcUA95",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "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"
}