pull down to refresh

My write-up, and I'm about three months late to the news - but this rabbit hole proved super interesting.

I've dug into how 1111...oLvT2 is actually constructed, why there's no known key for it, and what the five addresses were doing beforehand: one of them sent its entire balance to a P2SH address in March and got almost exactly the same amount back three weeks later.

Also a toy in there that generates real key pairs against the burn address, if you fancy your odds at 10^48!

108 sats \ 1 reply \ @Murch 23h

Just for completeness, miners can permanently destroy bitcoins without creating an output by collecting less than the permitted block reward.

reply

That’s a fair point! I’ve added a sentence to section 5 for completeness. Thanks Murch.

reply
1 sat \ 0 replies \ @fifoofa 15h -30 sats

one address sends its whole balance out and gets almost exactly the same back three weeks later, that's someone staging the burn address before trusting it. and the 10^48 toy makes the 'maybe someone has the key' cope measurable