Transaction 57542453cb5a19d346f6ffc790bbfdddccf166c1e7405984fc7e35c278f5e751

Block #372350

2015-08-31 08:52:43 +0000 UTC (~8 years, 11 months ago)

BTC Burned: 🔥0.0000543 BTC🔥


Inputs
172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG
0.05464926 BTC
now $3,040.68
0.05464926 BTC
OP_DUP OP_HASH160 422c6b2c7add09f103746bfe0a075e9d0c9e603a OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
123AnditsGone111111111111111Ymiao1
0.0000543 BTC
now $3.02
🔥0.0000543 BTC🔥
OP_DUP OP_HASH160 0b612096a2499a212f9248f63bd07d92144fd007 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
OP_RETURN converted to ASCII �������'`B'!દ.*G<uM��vR�G
OP_RETURN d2f9b0dfd4f0c52760422721e0aaa62e2a06473c754dafcd7652d547 nulldata
172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG
0.05449496 BTC
now $3,032.10
0.05449496 BTC
OP_DUP OP_HASH160 422c6b2c7add09f103746bfe0a075e9d0c9e603a 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.

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Raw Transaction
{
  "txid": "57542453cb5a19d346f6ffc790bbfdddccf166c1e7405984fc7e35c278f5e751",
  "hash": "57542453cb5a19d346f6ffc790bbfdddccf166c1e7405984fc7e35c278f5e751",
  "version": 1,
  "size": 265,
  "vsize": 265,
  "weight": 1060,
  "locktime": 0,
  "vin": [
    {
      "txid": "ae9a25a92ddcbeea8ccda7e6917c2d9b7a4eab80d80b5ca77c3928654d332b63",
      "vout": 2,
      "scriptSig": {
        "asm": "3045022100a86c96ee47ea410f4d141de4fee25eeacb2e793be364c3bf994d703c6c12460202207e22cb56d31a8cc50a7016c7a4edbc41a41a9586f70d5f87de65c02b5c936f44[ALL] 03150c83df60314bc05a347d1dd9f9e0a43f6b6ce452bf7c0e0b23b92bef01d540",
        "hex": "483045022100a86c96ee47ea410f4d141de4fee25eeacb2e793be364c3bf994d703c6c12460202207e22cb56d31a8cc50a7016c7a4edbc41a41a9586f70d5f87de65c02b5c936f44012103150c83df60314bc05a347d1dd9f9e0a43f6b6ce452bf7c0e0b23b92bef01d540"
      },
      "prevout": {
        "generated": false,
        "height": 372344,
        "value": "0.05464926",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 422c6b2c7add09f103746bfe0a075e9d0c9e603a OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG)#fqnx35uc",
          "hex": "76a914422c6b2c7add09f103746bfe0a075e9d0c9e603a88ac",
          "address": "172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00005430",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 0b612096a2499a212f9248f63bd07d92144fd007 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(123AnditsGone111111111111111Ymiao1)#xq4kkav8",
        "hex": "76a9140b612096a2499a212f9248f63bd07d92144fd00788ac",
        "address": "123AnditsGone111111111111111Ymiao1",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00000000",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_RETURN d2f9b0dfd4f0c52760422721e0aaa62e2a06473c754dafcd7652d547",
        "desc": "raw(6a1cd2f9b0dfd4f0c52760422721e0aaa62e2a06473c754dafcd7652d547)#hlck850p",
        "hex": "6a1cd2f9b0dfd4f0c52760422721e0aaa62e2a06473c754dafcd7652d547",
        "type": "nulldata"
      }
    },
    {
      "value": "0.05449496",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 422c6b2c7add09f103746bfe0a075e9d0c9e603a OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG)#fqnx35uc",
        "hex": "76a914422c6b2c7add09f103746bfe0a075e9d0c9e603a88ac",
        "address": "172tovWRS5rJ1Cx8ZCusB6omZAK3SoKiEG",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "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"
}