Transaction a242ecdb0f068f11c561e4db1f345f957a4875ab411115b34b4145cca0b6e18b
Block #145923
2011-09-18 21:01:55 +0000 UTC (~12 years, 11 months ago)
BTC Burned: 🔥3.98416541 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": "a242ecdb0f068f11c561e4db1f345f957a4875ab411115b34b4145cca0b6e18b",
"hash": "a242ecdb0f068f11c561e4db1f345f957a4875ab411115b34b4145cca0b6e18b",
"version": 1,
"size": 258,
"vsize": 258,
"weight": 1032,
"locktime": 0,
"vin": [
{
"txid": "ad8cc644a7a0916714fa610b1ef48defa5ef3cfc691212e51d23a5822ea59d14",
"vout": 0,
"scriptSig": {
"asm": "3045022037bd9644e06ceeda3ecceee87b673400081fc50132ae11c6e4861356a4129542022100e7e1f82ab275a55dc28ad77be9a093a2ac7907d36bea82d25c17352de123f812[ALL] 043a3638ba890f0cd660dc42851975b429ca87d7e28a1cd2fdc00d280734c2968be9485652db7d3e2542313babc65dd35955623b81c6beac4a0a001b663585dad3",
"hex": "483045022037bd9644e06ceeda3ecceee87b673400081fc50132ae11c6e4861356a4129542022100e7e1f82ab275a55dc28ad77be9a093a2ac7907d36bea82d25c17352de123f8120141043a3638ba890f0cd660dc42851975b429ca87d7e28a1cd2fdc00d280734c2968be9485652db7d3e2542313babc65dd35955623b81c6beac4a0a001b663585dad3"
},
"prevout": {
"generated": false,
"height": 145920,
"value": "58.75566775",
"scriptPubKey": {
"asm": "OP_DUP OP_HASH160 ad4040868c3cfc9666b0c2c06383a7b359228f70 OP_EQUALVERIFY OP_CHECKSIG",
"desc": "addr(1Go4sVrqJtG6bgB9ZDSMv4njw9nKWnN2sp)#yy4zg0qs",
"hex": "76a914ad4040868c3cfc9666b0c2c06383a7b359228f7088ac",
"address": "1Go4sVrqJtG6bgB9ZDSMv4njw9nKWnN2sp",
"type": "pubkeyhash"
}
},
"sequence": 4294967295
}
],
"vout": [
{
"value": "54.77100234",
"n": 0,
"scriptPubKey": {
"asm": "OP_DUP OP_HASH160 cb2374f7daf74b5a5d683670d8def069e9a40c83 OP_EQUALVERIFY OP_CHECKSIG",
"desc": "addr(1KX6eXn9NnSp1v6HtSVpuVBEyNV6FdCWSP)#eh864cr8",
"hex": "76a914cb2374f7daf74b5a5d683670d8def069e9a40c8388ac",
"address": "1KX6eXn9NnSp1v6HtSVpuVBEyNV6FdCWSP",
"type": "pubkeyhash"
}
},
{
"value": "3.98416541",
"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": "000000000000037647d30793c77b7910f26aa62333f23fa200e7159101d4b0b8",
"time": 1316379715,
"blocktime": 1316379715
}