Transaction 8b559d568baa12661327c36132c4fa2afa01284d674c249e956e764234556c65

Block #278923

2014-01-06 12:33:10 +0000 UTC (~10 years, 7 months ago)

BTC Burned: 🔥0.7 BTC🔥


Inputs
1677qffikMaeGUVrhAwW44c5tqfjCX4PBc
0.73120557 BTC
now $44,495.69
0.73120557 BTC
OP_DUP OP_HASH160 3800d56b2e941908c239e092eff8d5b4c368e59c OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
1CounterpartyXXXXXXXXXXXXXXXUWLpVr
0.7 BTC
now $42,596.75
🔥0.7 BTC🔥
OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
1677qffikMaeGUVrhAwW44c5tqfjCX4PBc
0.03110557 BTC
now $1,892.85
0.03110557 BTC
OP_DUP OP_HASH160 3800d56b2e941908c239e092eff8d5b4c368e59c 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": "8b559d568baa12661327c36132c4fa2afa01284d674c249e956e764234556c65",
  "hash": "8b559d568baa12661327c36132c4fa2afa01284d674c249e956e764234556c65",
  "version": 1,
  "size": 225,
  "vsize": 225,
  "weight": 900,
  "locktime": 0,
  "vin": [
    {
      "txid": "8338e59d34734080576ca011305c64b954c85e41289dba9dc4908922b00d6799",
      "vout": 1,
      "scriptSig": {
        "asm": "304402200f6a0989324457aa2c16bad0a923f85f19de947b274f138a2ddfd994a6ff92940220531925d7b75b3a31a3c996ad26b82ee8553e269464e586ea6879e755751a8fee[ALL] 0346fa55a1c27b52f1891ef38d625f1394288c5128a4b3cec9f71b4b0306f5f86c",
        "hex": "47304402200f6a0989324457aa2c16bad0a923f85f19de947b274f138a2ddfd994a6ff92940220531925d7b75b3a31a3c996ad26b82ee8553e269464e586ea6879e755751a8fee01210346fa55a1c27b52f1891ef38d625f1394288c5128a4b3cec9f71b4b0306f5f86c"
      },
      "prevout": {
        "generated": false,
        "height": 260513,
        "value": "0.73120557",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 3800d56b2e941908c239e092eff8d5b4c368e59c OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1677qffikMaeGUVrhAwW44c5tqfjCX4PBc)#v33tzrgp",
          "hex": "76a9143800d56b2e941908c239e092eff8d5b4c368e59c88ac",
          "address": "1677qffikMaeGUVrhAwW44c5tqfjCX4PBc",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.70000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1CounterpartyXXXXXXXXXXXXXXXUWLpVr)#v66r8cp2",
        "hex": "76a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac",
        "address": "1CounterpartyXXXXXXXXXXXXXXXUWLpVr",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.03110557",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 3800d56b2e941908c239e092eff8d5b4c368e59c OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1677qffikMaeGUVrhAwW44c5tqfjCX4PBc)#v33tzrgp",
        "hex": "76a9143800d56b2e941908c239e092eff8d5b4c368e59c88ac",
        "address": "1677qffikMaeGUVrhAwW44c5tqfjCX4PBc",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00010000",
  "hex": "010000000199670db0228990c49dba9d28415ec854b9645c3011a06c57804073349de53883010000006a47304402200f6a0989324457aa2c16bad0a923f85f19de947b274f138a2ddfd994a6ff92940220531925d7b75b3a31a3c996ad26b82ee8553e269464e586ea6879e755751a8fee01210346fa55a1c27b52f1891ef38d625f1394288c5128a4b3cec9f71b4b0306f5f86cffffffff02801d2c04000000001976a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac9d762f00000000001976a9143800d56b2e941908c239e092eff8d5b4c368e59c88ac00000000"
}