Transaction 6d2aa8d3bc01a4d4f829d9993ceefa707e18ed3a08f4ee168ede7f180ce1dd99

Block #435418

2016-10-22 12:48:45 +0000 UTC (~7 years, 9 months ago)

BTC Burned: 🔥0.0000547 BTC🔥


Inputs
1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw
0.00118101 BTC
now $71.85
0.00118101 BTC
OP_DUP OP_HASH160 fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f8 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
0.0000547 BTC
now $3.33
🔥0.0000547 BTC🔥
OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
OP_RETURN converted to ASCII ��)%ޝ�?�\o�fi7-��I�)���
OP_RETURN e41c962925de9d973f049f5c6fbc6669372d9d8e1d49de1429c4e1fb nulldata
1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw
0.00102631 BTC
now $62.44
0.00102631 BTC
OP_DUP OP_HASH160 fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f8 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": "6d2aa8d3bc01a4d4f829d9993ceefa707e18ed3a08f4ee168ede7f180ce1dd99",
  "hash": "6d2aa8d3bc01a4d4f829d9993ceefa707e18ed3a08f4ee168ede7f180ce1dd99",
  "version": 1,
  "size": 264,
  "vsize": 264,
  "weight": 1056,
  "locktime": 0,
  "vin": [
    {
      "txid": "73bf51e32cc957bdaa2a9ff231ce9232b8de628502834034034ff1dcc9a6ce0f",
      "vout": 1,
      "scriptSig": {
        "asm": "3044022008b3d9cf3e46f035fe4acd89a103656ef03d7fdbe8da760ea1e067982de797d5022047bfeef158ca103e24c2140d59f44511734fa08976e53aa8f2070f3d7f29bf6e[ALL] 02bf6dd08324d2ba2dde233bd2e0679e2b9566569832a5df95e66067205cc37cfd",
        "hex": "473044022008b3d9cf3e46f035fe4acd89a103656ef03d7fdbe8da760ea1e067982de797d5022047bfeef158ca103e24c2140d59f44511734fa08976e53aa8f2070f3d7f29bf6e012102bf6dd08324d2ba2dde233bd2e0679e2b9566569832a5df95e66067205cc37cfd"
      },
      "prevout": {
        "generated": false,
        "height": 435263,
        "value": "0.00118101",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f8 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw)#ky4q40l4",
          "hex": "76a914fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f888ac",
          "address": "1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00005470",
      "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 e41c962925de9d973f049f5c6fbc6669372d9d8e1d49de1429c4e1fb",
        "desc": "raw(6a1ce41c962925de9d973f049f5c6fbc6669372d9d8e1d49de1429c4e1fb)#shk3aqmj",
        "hex": "6a1ce41c962925de9d973f049f5c6fbc6669372d9d8e1d49de1429c4e1fb",
        "type": "nulldata"
      }
    },
    {
      "value": "0.00102631",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f8 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw)#ky4q40l4",
        "hex": "76a914fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f888ac",
        "address": "1Pq7HXD5i9ZXXfnt71xPmtEkyATWc57bRw",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "01000000010fcea6c9dcf14f03344083028562deb83292ce31f29f2aaabd57c92ce351bf73010000006a473044022008b3d9cf3e46f035fe4acd89a103656ef03d7fdbe8da760ea1e067982de797d5022047bfeef158ca103e24c2140d59f44511734fa08976e53aa8f2070f3d7f29bf6e012102bf6dd08324d2ba2dde233bd2e0679e2b9566569832a5df95e66067205cc37cfdffffffff035e150000000000001976a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac00000000000000001e6a1ce41c962925de9d973f049f5c6fbc6669372d9d8e1d49de1429c4e1fbe7900100000000001976a914fa6bfacfa3fc9a6a1998ca6a88d26d168aff71f888ac00000000"
}