Transaction 503e6a5657620b8038bb02785a41270ea90c7dd6e3df935fbe843c2bd9ad10a1

Block #280847

2014-01-16 16:39:19 +0000 UTC (~10 years, 7 months ago)

BTC Burned: 🔥1 BTC🔥


Inputs
1Pg58JntYy6z5qZZYtidwFocvPtGBGKVgp
1.0001 BTC
now $60,841.68
1.0001 BTC
OP_DUP OP_HASH160 f8b66f1718a71cf50f4824f8c4554f2e77524959 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
1 BTC
now $60,835.60
🔥1 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": "503e6a5657620b8038bb02785a41270ea90c7dd6e3df935fbe843c2bd9ad10a1",
  "hash": "503e6a5657620b8038bb02785a41270ea90c7dd6e3df935fbe843c2bd9ad10a1",
  "version": 1,
  "size": 225,
  "vsize": 225,
  "weight": 900,
  "locktime": 0,
  "vin": [
    {
      "txid": "17e16425a3d95558faf06b47063dad56f730370be6de076c0115626f862dbeb3",
      "vout": 2,
      "scriptSig": {
        "asm": "30460221008e0da0ca4f07eb12c0759d4d43ed85d4083345cd65d577e399590df305bce95a0221008a14d15c670b391c688a74cfb7837816702e6e3488fbb98ba03f12028b2fc475[ALL] 0414fce20a0132b5a6da68589b67b146411f6e2bd1ef904cd35684f7e1cd144ea104f84c8d86a9e52d38dcf506f6e3b6dcb37e222c8a5557e2219fee6a331f9b3b",
        "hex": "4930460221008e0da0ca4f07eb12c0759d4d43ed85d4083345cd65d577e399590df305bce95a0221008a14d15c670b391c688a74cfb7837816702e6e3488fbb98ba03f12028b2fc47501410414fce20a0132b5a6da68589b67b146411f6e2bd1ef904cd35684f7e1cd144ea104f84c8d86a9e52d38dcf506f6e3b6dcb37e222c8a5557e2219fee6a331f9b3b"
      },
      "prevout": {
        "generated": false,
        "height": 280845,
        "value": "1.00010000",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 f8b66f1718a71cf50f4824f8c4554f2e77524959 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1Pg58JntYy6z5qZZYtidwFocvPtGBGKVgp)#0wfm5yja",
          "hex": "76a914f8b66f1718a71cf50f4824f8c4554f2e7752495988ac",
          "address": "1Pg58JntYy6z5qZZYtidwFocvPtGBGKVgp",
          "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": "0100000001b3be2d866f6215016c07dee60b3730f756ad3d06476bf0fa5855d9a32564e117020000008c4930460221008e0da0ca4f07eb12c0759d4d43ed85d4083345cd65d577e399590df305bce95a0221008a14d15c670b391c688a74cfb7837816702e6e3488fbb98ba03f12028b2fc47501410414fce20a0132b5a6da68589b67b146411f6e2bd1ef904cd35684f7e1cd144ea104f84c8d86a9e52d38dcf506f6e3b6dcb37e222c8a5557e2219fee6a331f9b3bffffffff0100e1f505000000001976a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac00000000"
}