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Title: It looks like someone found the keys to Burn Address (0x0) ETH Post by: intrenet75 on July 03, 2021, 10:18:42 PM It looks like someone has found the keys to Burn Address (0x0) ETH and transfers ERC20 tokens right now
Proof: https://etherscan.io/address/0x0000000000000000000000000000000000000000#tokentxns (https://etherscan.io/address/0x0000000000000000000000000000000000000000#tokentxns) and yes, there are more than a billion dollars there Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: anu1908 on July 04, 2021, 01:58:09 AM why do you think that way? because there's an out transaction?
that doesn't mean somebody has the private key. most smart contract use that address to mint new tokens, so it should not be a surprise if you find out transactions after a smart contract interaction such as adding new liquidity to a pool. Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: Beparanf on July 04, 2021, 02:04:36 AM why do you think that way? because there's an out transaction? that doesn't mean somebody has the private key. most smart contract use that address to mint new tokens, so it should not be a surprise if you find out transactions after a smart contract interaction such as adding new liquidity to a pool. This is true. That address is a genesis wallet address too which new mint token came from. Many newbie always being mislead on the transaction happening on that wallet because its well known for a blackhole wallet alone. Finding private for that wallet address will consume approximately 90 to 100% energy of available on earth. ;D Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: hugeblack on July 04, 2021, 03:14:10 AM If the private key at that address is identified, the prize will be greater than sending some tokens. it is Impossible to generate the private key and will never be able so that some use it as proof-of-burn.
and remember there might not even be a private key because you can generate public key from valid pvt key. the opposite may not be true. Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: intrenet75 on July 04, 2021, 06:50:17 AM If the private key at that address is identified, the prize will be greater than sending some tokens. it is Impossible to generate the private key and will never be able so that some use it as proof-of-burn. Thanks a lotand remember there might not even be a private key because you can generate public key from valid pvt key. the opposite may not be true. Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: zonefloor on July 04, 2021, 02:03:12 PM Almost people who will create new crypto money use this contract address. So this address is not only used for burning tokens. That's why it happens both during token entry and exit as token creation is in question. I think you have learned a ethics because you did not know about this topic.
Title: Re: It looks like someone found the keys to Burn Address (0x0) ETH Post by: apa don on July 04, 2021, 04:37:22 PM Almost people who will create new crypto money use this contract address. So this address is not only used for burning tokens. That's why it happens both during token entry and exit as token creation is in question. I think you have learned a ethics because you did not know about this topic. Yes, it's very clear, who found the idea of burning the address (0×0) ETH very meaningful in the crypto market assets, if that happens the crypto market assets will return to normal, and new market assets in the crypto market will feel safe. |