Transaction 30038ae0d045ebb638be14daaf2703033e83f71f1fd641743afa76550b54b3e3

Block #278517

2014-01-04 03:07:08 +0000 UTC (~10 years, 7 months ago)

BTC Burned: 🔥0.999 BTC🔥


Inputs
191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn
0.9999 BTC
now $60,861.41
0.9999 BTC
OP_DUP OP_HASH160 57cfbfb06a2d9aa2b14eebd71d2f46236e6e3539 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
0.999 BTC
now $60,806.63
🔥0.999 BTC🔥
OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
OP_RETURN converted to ASCII CNTRPRTY���<ProofOfBurn
OP_RETURN 434e5452505254590000003c50726f6f664f664275726e nulldata
191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn
0.0008 BTC
now $48.69
0.0008 BTC
OP_DUP OP_HASH160 57cfbfb06a2d9aa2b14eebd71d2f46236e6e3539 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": "30038ae0d045ebb638be14daaf2703033e83f71f1fd641743afa76550b54b3e3",
  "hash": "30038ae0d045ebb638be14daaf2703033e83f71f1fd641743afa76550b54b3e3",
  "version": 1,
  "size": 261,
  "vsize": 261,
  "weight": 1044,
  "locktime": 0,
  "vin": [
    {
      "txid": "3ee13b83cec5763374ebc238c6e168cb399796aadd54d7f148acb3246f2eaec6",
      "vout": 0,
      "scriptSig": {
        "asm": "3046022100f89c545dfcf08b5aca357fede9706c7338caf7933c12f006b2b58414a6cb562d02210094f587ce76b26d608d94a05b031f1777954f094fed0685fe777b72eed2e76b35[ALL] 03e8740b10905aca3ba405cb99f59274e1b2519f19a0a700c40cda5fd11bda8a11",
        "hex": "493046022100f89c545dfcf08b5aca357fede9706c7338caf7933c12f006b2b58414a6cb562d02210094f587ce76b26d608d94a05b031f1777954f094fed0685fe777b72eed2e76b35012103e8740b10905aca3ba405cb99f59274e1b2519f19a0a700c40cda5fd11bda8a11"
      },
      "prevout": {
        "generated": false,
        "height": 278356,
        "value": "0.99990000",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 57cfbfb06a2d9aa2b14eebd71d2f46236e6e3539 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn)#g9rv7tln",
          "hex": "76a91457cfbfb06a2d9aa2b14eebd71d2f46236e6e353988ac",
          "address": "191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.99900000",
      "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 434e5452505254590000003c50726f6f664f664275726e",
        "desc": "raw(6a17434e5452505254590000003c50726f6f664f664275726e)#70m6pzpf",
        "hex": "6a17434e5452505254590000003c50726f6f664f664275726e",
        "type": "nulldata"
      }
    },
    {
      "value": "0.00080000",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 57cfbfb06a2d9aa2b14eebd71d2f46236e6e3539 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn)#g9rv7tln",
        "hex": "76a91457cfbfb06a2d9aa2b14eebd71d2f46236e6e353988ac",
        "address": "191JfL29gmt8EhLW7xTqqBwxhN1qUvybfn",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "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"
}