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Yeah. Even in the original bitcoind API you would run a validation call on the address and the spend before actually committing it. Afaik you couldn't accidentally send coins into a black hole even if you tried.


I think the address was valid, the problem is that there is no way of getting the coins out of it.

The same thing was done on the bitcoin chain, e.g. counterparty[0] was relying on a "proof of burn" which was basically "Send BTC to a black hole".

[0] https://counterparty.io/docs/faq-xcp/


If no one ever moved coins out of their burn addresses I'll eat my socks.


Uh, do you really like socks that much? I think this is something very easy to verify, just look at the burn address on the chain?


Just monitor this address then and let me know if anyone moves anything out of it :) https://etherscan.io/address/0x00000000000000000000000000000...




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