The following addresses can be used to burn coins. Burning is a method of effectively destroying coins such that they can never be spent again. Coins can be burnt by sending them to the following addresses, which are guaranteed to have no known or discoverable private key.
The reason the coins sent to these addresses are now gone forever is that the burn addresses are demonstrably made up addresses, instead of being created together with the corresponding private key that would be required to spend the burnt coins.
26 characters of each burn address, CryptoLifeDotNetBurnAddrXX, are so perfectly ordered as to be obviously specifically chosen. (The remaining 6 characters, like the last 6 characters of any address, are automatically calculated and serve as a safety check feature.) This guarantees that there is no known matching private key for this address. In other words, the chance of anyone guessing the private key to spend the burnt coin at that address is the same as the chance of guessing any private key for any other bitcoin address: practically zero.
Burn addresses can be used for many different purposes including fair distribution of a new currency, premine destruction, and more.
Below are burn addresses for the most common address prefixes. Please use the one that suits your coin. For example, LiteCoin addresses start with ‘L’ so you would choose the corresponding address below.
If you require a custom burn address, or a burn address for a prefix that is not listed above, please Contact Us