Transaction 6ddc7e3843df9bd4d0ee47a935a6d23afc998ce14a31ceb5bd621ecfc2a5b24a

Block #425925

2016-08-19 21:09:11 +0000 UTC (~7 years, 11 months ago)

BTC Burned: 🔥0.0000543 BTC🔥


Inputs
138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N
0.0009543 BTC
now $52.81
0.0009543 BTC
OP_DUP OP_HASH160 1761db40365d125dce4024b2c006093689a7a50f OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
11ParticipantsXXXXXXXXXXXXXUGmPx6
0.0000543 BTC
now $3.00
🔥0.0000543 BTC🔥
OP_DUP OP_HASH160 0012da1cef299c86737105ecad4b3798d0cc15d5 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
OP_RETURN converted to ASCII ry���*'���oX��kD e��]f�p���
OP_RETURN 72799adffc2a27a6f7cf6f5897956b44096580fd5d669004709cbffd nulldata
138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N
0.00070249 BTC
now $38.87
0.00070249 BTC
OP_DUP OP_HASH160 1761db40365d125dce4024b2c006093689a7a50f 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": "6ddc7e3843df9bd4d0ee47a935a6d23afc998ce14a31ceb5bd621ecfc2a5b24a",
  "hash": "6ddc7e3843df9bd4d0ee47a935a6d23afc998ce14a31ceb5bd621ecfc2a5b24a",
  "version": 1,
  "size": 264,
  "vsize": 264,
  "weight": 1056,
  "locktime": 0,
  "vin": [
    {
      "txid": "4d6aad786caef79a828ed3cc18b64cccf7a072d2eae64edc0cf4740bc8554807",
      "vout": 2,
      "scriptSig": {
        "asm": "30440220316dc3eab86a0bc645992ce088259402474c0301b628aaf528401334d7fba395022063d56ffa87c934405be5689779517f0b60183a7da111e091dd85da3b913066b6[ALL] 02964cd233886b986c3c48a4f085f2fe9c55af039214c796acc1ceee2dc7239efe",
        "hex": "4730440220316dc3eab86a0bc645992ce088259402474c0301b628aaf528401334d7fba395022063d56ffa87c934405be5689779517f0b60183a7da111e091dd85da3b913066b6012102964cd233886b986c3c48a4f085f2fe9c55af039214c796acc1ceee2dc7239efe"
      },
      "prevout": {
        "generated": false,
        "height": 404104,
        "value": "0.00095430",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 1761db40365d125dce4024b2c006093689a7a50f OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N)#g5ue425d",
          "hex": "76a9141761db40365d125dce4024b2c006093689a7a50f88ac",
          "address": "138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00005430",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 0012da1cef299c86737105ecad4b3798d0cc15d5 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(11ParticipantsXXXXXXXXXXXXXUGmPx6)#xxwwnd2m",
        "hex": "76a9140012da1cef299c86737105ecad4b3798d0cc15d588ac",
        "address": "11ParticipantsXXXXXXXXXXXXXUGmPx6",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00000000",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_RETURN 72799adffc2a27a6f7cf6f5897956b44096580fd5d669004709cbffd",
        "desc": "raw(6a1c72799adffc2a27a6f7cf6f5897956b44096580fd5d669004709cbffd)#rk89yzwh",
        "hex": "6a1c72799adffc2a27a6f7cf6f5897956b44096580fd5d669004709cbffd",
        "type": "nulldata"
      }
    },
    {
      "value": "0.00070249",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 1761db40365d125dce4024b2c006093689a7a50f OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N)#g5ue425d",
        "hex": "76a9141761db40365d125dce4024b2c006093689a7a50f88ac",
        "address": "138dmbeTkhbDUXTtPMd1ejgKHmaCW7kZ8N",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00019751",
  "hex": "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"
}