Transaction dcbdaf3e157accfeea0b1259f5b886a7e1ffe14b8f260fbfc5735366b1caf511

Block #622024

2020-03-17 23:46:42 +0000 UTC (~4 years, 4 months ago)

BTC Burned: 🔥0.000006 BTC🔥

Inputs

123453Uv5hJubvJQwoswWSwNfT9e3BDeXR

OP_DUP OP_HASH160 0b5b8529a15477687b89edb833cfc32ae2d68a17 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

Outputs

6a3e205757572e4254434b45592e4f52472020426974636f696e2077616c6c6574207265636f7665727920616e642077616c6c65742064656372797074696f6e

OP_RETURN 205757572e4254434b45592e4f52472020426974636f696e2077616c6c6574207265636f7665727920616e642077616c6c65742064656372797074696f6e nulldata

1CounterpartyXXXXXXXXXXXXXXXUWLpVr

OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

123453Uv5hJubvJQwoswWSwNfT9e3BDeXR

OP_DUP OP_HASH160 0b5b8529a15477687b89edb833cfc32ae2d68a17 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": "dcbdaf3e157accfeea0b1259f5b886a7e1ffe14b8f260fbfc5735366b1caf511",
  "hash": "dcbdaf3e157accfeea0b1259f5b886a7e1ffe14b8f260fbfc5735366b1caf511",
  "version": 1,
  "size": 298,
  "vsize": 298,
  "weight": 1192,
  "locktime": 0,
  "vin": [
    {
      "txid": "cb683b83e9438987b2701c218293d56ab2c110b9035940bb53872a66c47a148c",
      "vout": 2,
      "scriptSig": {
        "asm": "304402202e6a677190838df9dc3fc48c68684525021698371e80d7fc374d20bea6c14ee0022010d26cf170ebc72091bd5ff23c2f6dfef675d48ad000692ab5fa0f0789f8928d[ALL] 0229efd13b1d29de258dd687433e9186ef7719f9083638ee569c6b262466f47335",
        "hex": "47304402202e6a677190838df9dc3fc48c68684525021698371e80d7fc374d20bea6c14ee0022010d26cf170ebc72091bd5ff23c2f6dfef675d48ad000692ab5fa0f0789f8928d01210229efd13b1d29de258dd687433e9186ef7719f9083638ee569c6b262466f47335"
      },
      "prevout": {
        "generated": false,
        "height": 622024,
        "value": "0.00038600",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 0b5b8529a15477687b89edb833cfc32ae2d68a17 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(123453Uv5hJubvJQwoswWSwNfT9e3BDeXR)#wv2e25dv",
          "hex": "76a9140b5b8529a15477687b89edb833cfc32ae2d68a1788ac",
          "address": "123453Uv5hJubvJQwoswWSwNfT9e3BDeXR",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967294
    }
  ],
  "vout": [
    {
      "value": "0.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_RETURN 205757572e4254434b45592e4f52472020426974636f696e2077616c6c6574207265636f7665727920616e642077616c6c65742064656372797074696f6e",
        "desc": "raw(6a3e205757572e4254434b45592e4f52472020426974636f696e2077616c6c6574207265636f7665727920616e642077616c6c65742064656372797074696f6e)#q57lgkwp",
        "hex": "6a3e205757572e4254434b45592e4f52472020426974636f696e2077616c6c6574207265636f7665727920616e642077616c6c65742064656372797074696f6e",
        "type": "nulldata"
      }
    },
    {
      "value": "0.00000600",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 818895f3dc2c178629d3d2d8fa3ec4a3f8179821 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1CounterpartyXXXXXXXXXXXXXXXUWLpVr)#v66r8cp2",
        "hex": "76a914818895f3dc2c178629d3d2d8fa3ec4a3f817982188ac",
        "address": "1CounterpartyXXXXXXXXXXXXXXXUWLpVr",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00037700",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 0b5b8529a15477687b89edb833cfc32ae2d68a17 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(123453Uv5hJubvJQwoswWSwNfT9e3BDeXR)#wv2e25dv",
        "hex": "76a9140b5b8529a15477687b89edb833cfc32ae2d68a1788ac",
        "address": "123453Uv5hJubvJQwoswWSwNfT9e3BDeXR",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00000300",
  "hex": "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"
}