Transaction 147a7c8fd2d306fe01dfed9f9d580907e5ccd266a9ad792c45c1177a248a7e60

Block #411442

2016-05-12 13:07:03 +0000 UTC (~8 years, 3 months ago)

BTC Burned: 🔥0.00025 BTC🔥


Inputs
1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj
0.0136645 BTC
now $804.89
0.0136645 BTC
OP_DUP OP_HASH160 7395429e956f927babda32b87dcf296823aa415c OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
OP_RETURN converted to ASCII 'id?lv��f���Ԛ���6��7ݸ�p�N��'�MM
OP_RETURN 69643f6c76aaff661aec99f6c1d49a0298acbb36e3db37ddb89870984e15be159b1227f39d4d4d nulldata
1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj
0.0131495 BTC
now $774.55
0.0131495 BTC
OP_DUP OP_HASH160 7395429e956f927babda32b87dcf296823aa415c OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
1111111111111111111114oLvT2
0.00025 BTC
now $14.73
🔥0.00025 BTC🔥
OP_DUP OP_HASH160 0000000000000000000000000000000000000000 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": "147a7c8fd2d306fe01dfed9f9d580907e5ccd266a9ad792c45c1177a248a7e60",
  "hash": "147a7c8fd2d306fe01dfed9f9d580907e5ccd266a9ad792c45c1177a248a7e60",
  "version": 1,
  "size": 275,
  "vsize": 275,
  "weight": 1100,
  "locktime": 0,
  "vin": [
    {
      "txid": "7f8d4c1156e90edd4674d784c063167d4153fecd338cd9283c45f36f7910c014",
      "vout": 2,
      "scriptSig": {
        "asm": "304402201d4a91839bbf3a900d3bf87b50abf354ea4c5051b66ea935169360c1baf1ccea0220652970b3f7a0165b1ff49b79507f57f269097f81979b91aec8ee1f24db76f071[ALL] 022cb989db7e72d3907d8fbf5cc4c8243bd5b0c3c65debc3f14ce79d33222b4138",
        "hex": "47304402201d4a91839bbf3a900d3bf87b50abf354ea4c5051b66ea935169360c1baf1ccea0220652970b3f7a0165b1ff49b79507f57f269097f81979b91aec8ee1f24db76f0710121022cb989db7e72d3907d8fbf5cc4c8243bd5b0c3c65debc3f14ce79d33222b4138"
      },
      "prevout": {
        "generated": false,
        "height": 411161,
        "value": "0.01366450",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 7395429e956f927babda32b87dcf296823aa415c OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj)#mymm9hue",
          "hex": "76a9147395429e956f927babda32b87dcf296823aa415c88ac",
          "address": "1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_RETURN 69643f6c76aaff661aec99f6c1d49a0298acbb36e3db37ddb89870984e15be159b1227f39d4d4d",
        "desc": "raw(6a2769643f6c76aaff661aec99f6c1d49a0298acbb36e3db37ddb89870984e15be159b1227f39d4d4d)#cs4e2zjj",
        "hex": "6a2769643f6c76aaff661aec99f6c1d49a0298acbb36e3db37ddb89870984e15be159b1227f39d4d4d",
        "type": "nulldata"
      }
    },
    {
      "value": "0.01314950",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 7395429e956f927babda32b87dcf296823aa415c OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj)#mymm9hue",
        "hex": "76a9147395429e956f927babda32b87dcf296823aa415c88ac",
        "address": "1BY9WquhEXTit7o2rr3nPDSqkv2g7sz6Xj",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00025000",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 0000000000000000000000000000000000000000 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1111111111111111111114oLvT2)#ula7cdg0",
        "hex": "76a914000000000000000000000000000000000000000088ac",
        "address": "1111111111111111111114oLvT2",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00026500",
  "hex": "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"
}