Transaction 407af6ddf7bee15e7e9cda5fb244eaffc94b5e1b41058eadcd8971d806897322

Block #834210

2024-03-11 13:12:32 +0000 UTC (~3 months, 20 days ago)

BTC Burned: 🔥0.00001196 BTC🔥


Inputs
bc1qt7x43slgaf5azl59vc33ne28a6e5sjljlvcfnj
0.00002778 BTC
now $1.69
0.00002778 BTC
0 5f8d58c3e8ea69d17e85662319e547eeb3484bf2 witness_v0_keyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
0.00001196 BTC
now $0.73
🔥0.00001196 BTC🔥
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": "407af6ddf7bee15e7e9cda5fb244eaffc94b5e1b41058eadcd8971d806897322",
  "hash": "7e4f11fb2070da4ec8d4f313961825429550ab37135d369e4ab9e4f650481d1b",
  "version": 1,
  "size": 194,
  "vsize": 113,
  "weight": 449,
  "locktime": 0,
  "vin": [
    {
      "txid": "418c499ff508dad190de55b24e7668cb0ab72975c4d9548c352300a5e12e645c",
      "vout": 0,
      "scriptSig": {
        "asm": "",
        "hex": ""
      },
      "txinwitness": [
        "304402204833a76e86cd28181e6d8ef34fa94d7d84ad82583041b3d2e8420da0b6c4c9d6022009f3678f917e1de5405cbdd9a22e996fe4f417daa2426354dc068f8136ada67201",
        "03bdaac7b7114c9085b79fa6a817e7bbf230e16ae9573cc6f4283279fbd744b223"
      ],
      "prevout": {
        "generated": false,
        "height": 833934,
        "value": "0.00002778",
        "scriptPubKey": {
          "asm": "0 5f8d58c3e8ea69d17e85662319e547eeb3484bf2",
          "desc": "addr(bc1qt7x43slgaf5azl59vc33ne28a6e5sjljlvcfnj)#uu2j8trd",
          "hex": "00145f8d58c3e8ea69d17e85662319e547eeb3484bf2",
          "address": "bc1qt7x43slgaf5azl59vc33ne28a6e5sjljlvcfnj",
          "type": "witness_v0_keyhash"
        }
      },
      "sequence": 4294967293
    }
  ],
  "vout": [
    {
      "value": "0.00001196",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1CounterpartyXXXXXXXXXXXXXXXUWLpVr)#v66r8cp2",
        "hex": "76a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac",
        "address": "1CounterpartyXXXXXXXXXXXXXXXUWLpVr",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00001582",
  "hex": "010000000001015c642ee1a50023358c54d9c47529b70acb68764eb255de90d1da08f59f498c410000000000fdffffff01ac040000000000001976a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac0247304402204833a76e86cd28181e6d8ef34fa94d7d84ad82583041b3d2e8420da0b6c4c9d6022009f3678f917e1de5405cbdd9a22e996fe4f417daa2426354dc068f8136ada672012103bdaac7b7114c9085b79fa6a817e7bbf230e16ae9573cc6f4283279fbd744b22300000000"
}