Transaction 62d572476b4ef0920baf0390b046d7e883e6ad20dddecb03ce28da0f34f434cf
Block #150163
2011-10-21 20:23:58 +0000 UTC (~12 years, 10 months ago)
BTC Burned: 🔥4.08674415 BTC🔥
How did this transaction burn BTC?
Lost Keys
The majority of Bitcoin is secured through the use of private keys. Wallet applications generate public and private keypairs, which are used to generate an address.
Modern wallets use deterministic systems such as BIP391 to generate a root key which is used to derive every subsequent key. Thus, ensuring you have a reliable, safe backup of the root key, typically a 12 or 24 word mnemonic phrase, is sufficient to recover access to your funds.
Before such systems were developed, most wallets stored each keypair individually. This resulted in a number of additional ways to lose access to your coins - old backups wouldn’t be able to recover any keys for addresses generated after the backup was taken, for instance.
Over the years, wallet applications have also had a number of bugs, leading to unstable key production, bad encryption, and other cases which inadvertently resulted in funds being directed to addresses without known keys.
Even if the wallets work perfectly, users do still lose access to their keys by neglecting to make backups or other mistakes. burned.money’s lost_keys group tracks cases for which there is a reasonable degree of confidence that the keys are genuinely and truly lost.
View revision historyRaw Transaction
{
"txid": "62d572476b4ef0920baf0390b046d7e883e6ad20dddecb03ce28da0f34f434cf",
"hash": "62d572476b4ef0920baf0390b046d7e883e6ad20dddecb03ce28da0f34f434cf",
"version": 1,
"size": 257,
"vsize": 257,
"weight": 1028,
"locktime": 0,
"vin": [
{
"txid": "6ff089e087318fe6d1489f580d5485062ea8d8df89cd76da3b09e9e9e27b3067",
"vout": 0,
"scriptSig": {
"asm": "304402204d2d327cb65ecfd9317ce9ae32090772c6541f94f8d39b2f6899de3e1f4f02890220191a4095c967ebc95903d622e5e4f6d83713139fd119d7e1fad2b3c833eb262b[ALL] 040f73b7efd02f110a25e277afbab61bd4ad4db305c6cf7444cea7b86fa2ecd53bdc99811ed65e97df7ae8b6fa711a969b1a58293dc975cb2610553988c2ff5f77",
"hex": "47304402204d2d327cb65ecfd9317ce9ae32090772c6541f94f8d39b2f6899de3e1f4f02890220191a4095c967ebc95903d622e5e4f6d83713139fd119d7e1fad2b3c833eb262b0141040f73b7efd02f110a25e277afbab61bd4ad4db305c6cf7444cea7b86fa2ecd53bdc99811ed65e97df7ae8b6fa711a969b1a58293dc975cb2610553988c2ff5f77"
},
"prevout": {
"generated": false,
"height": 150161,
"value": "11.61430636",
"scriptPubKey": {
"asm": "OP_DUP OP_HASH160 e820b970629b0bc3426503c503a36ecfdb408737 OP_EQUALVERIFY OP_CHECKSIG",
"desc": "addr(1NANyEZajzDfH6jgv4iubDUw8jBnnH5YF6)#dyjynt04",
"hex": "76a914e820b970629b0bc3426503c503a36ecfdb40873788ac",
"address": "1NANyEZajzDfH6jgv4iubDUw8jBnnH5YF6",
"type": "pubkeyhash"
}
},
"sequence": 4294967295
}
],
"vout": [
{
"value": "7.52706221",
"n": 0,
"scriptPubKey": {
"asm": "OP_DUP OP_HASH160 45a4a28404a753e434fca611ce35a67117f92ca1 OP_EQUALVERIFY OP_CHECKSIG",
"desc": "addr(17MErGMAQg2G5uUf7baS55TxGLR6DnSUVg)#0vrvkvva",
"hex": "76a91445a4a28404a753e434fca611ce35a67117f92ca188ac",
"address": "17MErGMAQg2G5uUf7baS55TxGLR6DnSUVg",
"type": "pubkeyhash"
}
},
{
"value": "4.08674415",
"n": 1,
"scriptPubKey": {
"asm": "OP_DUP OP_HASH160 37d3cf3cd85592775233c9c2172ec8ef326c4b5c OP_EQUALVERIFY OP_CHECKSIG",
"desc": "addr(166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL)#uwd8pn8g",
"hex": "76a91437d3cf3cd85592775233c9c2172ec8ef326c4b5c88ac",
"address": "166BuLPWHUjqoqiYp5rGE3B5r5AmqgHpoL",
"type": "pubkeyhash"
}
}
],
"fee": "0.00050000",
"hex": "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",
"blockhash": "0000000000000a17b2edca5943db505273acfb527e5b8a221819904ea2b377ed",
"time": 1319228638,
"blocktime": 1319228638
}