Transaction dfbe61f8b7379c973f031399bb0905f6b4217dd3c747cce952fded2833ca68f9

Block #399878

2016-02-24 20:55:42 +0000 UTC (~8 years, 5 months ago)

BTC Burned: 🔥0.00025 BTC🔥


Inputs
1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8
0.032076 BTC
now $2,016.72
0.032076 BTC
OP_DUP OP_HASH160 de6e3bda494eae096d394800435002ccd50c7c33 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
OP_RETURN converted to ASCII 'id?��t$y��_�1�i���QF ��n� lٯ�I��
OP_RETURN 69643fe6cb742479f7fd5f1ab5319669e8ccf29d8e51460a7ffdff1c6edd0a6cd9afa8498106b5 nulldata
1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8
0.031561 BTC
now $1,984.34
0.031561 BTC
OP_DUP OP_HASH160 de6e3bda494eae096d394800435002ccd50c7c33 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
1111111111111111111114oLvT2
0.00025 BTC
now $15.72
🔥0.00025 BTC🔥
OP_DUP OP_HASH160 0000000000000000000000000000000000000000 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.

View revision history
Raw Transaction
{
  "txid": "dfbe61f8b7379c973f031399bb0905f6b4217dd3c747cce952fded2833ca68f9",
  "hash": "dfbe61f8b7379c973f031399bb0905f6b4217dd3c747cce952fded2833ca68f9",
  "version": 1,
  "size": 275,
  "vsize": 275,
  "weight": 1100,
  "locktime": 0,
  "vin": [
    {
      "txid": "843bb17a5c404ef5c45353a47cdf24b86d3962081e5cd46d66668df8f4615bc8",
      "vout": 2,
      "scriptSig": {
        "asm": "3044022035aa4e9d37c98d4d6131b609ffb5fbb0c5a117641569412013488f2e814d7acb02207e1808afc4dd1a83af05bfed341ab7ac5c297f974b362d54ed2c36adf9660997[ALL] 03551ead5fad5be5c43eae4783d08e2ae3dc4c5a88a9ea7be0fd3a5b84d3d659a5",
        "hex": "473044022035aa4e9d37c98d4d6131b609ffb5fbb0c5a117641569412013488f2e814d7acb02207e1808afc4dd1a83af05bfed341ab7ac5c297f974b362d54ed2c36adf9660997012103551ead5fad5be5c43eae4783d08e2ae3dc4c5a88a9ea7be0fd3a5b84d3d659a5"
      },
      "prevout": {
        "generated": false,
        "height": 399874,
        "value": "0.03207600",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 de6e3bda494eae096d394800435002ccd50c7c33 OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8)#eym4fch6",
          "hex": "76a914de6e3bda494eae096d394800435002ccd50c7c3388ac",
          "address": "1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "0.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_RETURN 69643fe6cb742479f7fd5f1ab5319669e8ccf29d8e51460a7ffdff1c6edd0a6cd9afa8498106b5",
        "desc": "raw(6a2769643fe6cb742479f7fd5f1ab5319669e8ccf29d8e51460a7ffdff1c6edd0a6cd9afa8498106b5)#5f7haews",
        "hex": "6a2769643fe6cb742479f7fd5f1ab5319669e8ccf29d8e51460a7ffdff1c6edd0a6cd9afa8498106b5",
        "type": "nulldata"
      }
    },
    {
      "value": "0.03156100",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 de6e3bda494eae096d394800435002ccd50c7c33 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8)#eym4fch6",
        "hex": "76a914de6e3bda494eae096d394800435002ccd50c7c3388ac",
        "address": "1MH74mNXSustf2zpFiFvPdcUwnfFk4r2j8",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "0.00025000",
      "n": 2,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 0000000000000000000000000000000000000000 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(1111111111111111111114oLvT2)#ula7cdg0",
        "hex": "76a914000000000000000000000000000000000000000088ac",
        "address": "1111111111111111111114oLvT2",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00026500",
  "hex": "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"
}