Transaction eb5b761c7380ed4c6adf688f9e5ab94953dcabeda47d9eeabd77261902fccccf

Block #73272

2010-08-09 21:35:11 +0000 UTC (~14 years, 7 months ago)

BTC Burned: 🔥8999 BTC🔥


Inputs
157PiPgqphedUvrco3mKU3Xoof7yzhj9pW
9000 BTC
now $895,500,000.00
9000 BTC
OP_DUP OP_HASH160 2d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
Outputs
157PiPgqphedUvrco3mKU3Xoof7yzhj9pW
1 BTC
now $99,500.00
1 BTC
OP_DUP OP_HASH160 2d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a OP_EQUALVERIFY OP_CHECKSIG pubkeyhash
167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg
8999 BTC
now $895,400,500.00
🔥8999 BTC🔥
OP_DUP OP_HASH160 381642c97cbdcf66aa4b2d13f7e31468ef9c7437 OP_EQUALVERIFY OP_CHECKSIG pubkeyhash

How did this transaction burn BTC?

Stone Man’s BTC

In August 2010, bitcointalk user Stone Man posted1 seeking help recovering lost BTC. Unfortunately, the user had made a test transaction sending his 9000 BTC to a new address within his wallet, and then restored the wallet from a previous backup.

At this point in Bitcoin History, each individual address in a wallet was backed by a private key completely unrelated to any other address in the wallet. As the wallet backup had been generated before the new address used to receive the coins had been created, the private key for the new address was not in the backup.

This effectively turned that address, 167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg, into a Burn Address, forever sealing in the BTC.

View revision history

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 history
Raw Transaction
{
  "txid": "eb5b761c7380ed4c6adf688f9e5ab94953dcabeda47d9eeabd77261902fccccf",
  "hash": "eb5b761c7380ed4c6adf688f9e5ab94953dcabeda47d9eeabd77261902fccccf",
  "version": 1,
  "size": 258,
  "vsize": 258,
  "weight": 1032,
  "locktime": 0,
  "vin": [
    {
      "txid": "754640b644a9e5b37be661eb68667da366c76b00064a5d0f7beaef13b98eda8b",
      "vout": 0,
      "scriptSig": {
        "asm": "3045022100f2787382ee317b6707be77ef2221ec6d79522550ad9dc5b9c7b210cd613f8881022050d19b3e01f2d238bb0cc68c3a532c692304efc1bfc0890dbd32bda13a5ded53[ALL] 04bcbaa3c062797383a68181d08bc1a4d9d5fc91cdd3237777a63f71be676b2a9e9948a04c7fcd58074267fbe7e70091cdec244c5e1f00e4a9ac3296ca82c02d42",
        "hex": "483045022100f2787382ee317b6707be77ef2221ec6d79522550ad9dc5b9c7b210cd613f8881022050d19b3e01f2d238bb0cc68c3a532c692304efc1bfc0890dbd32bda13a5ded53014104bcbaa3c062797383a68181d08bc1a4d9d5fc91cdd3237777a63f71be676b2a9e9948a04c7fcd58074267fbe7e70091cdec244c5e1f00e4a9ac3296ca82c02d42"
      },
      "prevout": {
        "generated": false,
        "height": 73261,
        "value": "9000.00000000",
        "scriptPubKey": {
          "asm": "OP_DUP OP_HASH160 2d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a OP_EQUALVERIFY OP_CHECKSIG",
          "desc": "addr(157PiPgqphedUvrco3mKU3Xoof7yzhj9pW)#mxedh08t",
          "hex": "76a9142d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a88ac",
          "address": "157PiPgqphedUvrco3mKU3Xoof7yzhj9pW",
          "type": "pubkeyhash"
        }
      },
      "sequence": 4294967295
    }
  ],
  "vout": [
    {
      "value": "1.00000000",
      "n": 0,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 2d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(157PiPgqphedUvrco3mKU3Xoof7yzhj9pW)#mxedh08t",
        "hex": "76a9142d15f5949090c5b2b7bafdb8bdaec6ec03a28e7a88ac",
        "address": "157PiPgqphedUvrco3mKU3Xoof7yzhj9pW",
        "type": "pubkeyhash"
      }
    },
    {
      "value": "8999.00000000",
      "n": 1,
      "scriptPubKey": {
        "asm": "OP_DUP OP_HASH160 381642c97cbdcf66aa4b2d13f7e31468ef9c7437 OP_EQUALVERIFY OP_CHECKSIG",
        "desc": "addr(167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg)#enfdhly2",
        "hex": "76a914381642c97cbdcf66aa4b2d13f7e31468ef9c743788ac",
        "address": "167ZWTT8n6s4ya8cGjqNNQjDwDGY31vmHg",
        "type": "pubkeyhash"
      }
    }
  ],
  "fee": "0.00000000",
  "hex": "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",
  "blockhash": "00000000006aba8ba340b7ae875b0b1be1af394b4a26103fd53c75a1b7b705b2",
  "time": 1281389711,
  "blocktime": 1281389711
}