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Author Topic: Introducing BTCBurns — A website that tracks all bitcoin burner addresses  (Read 2204 times)
busterroni
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September 13, 2015, 03:56:58 AM
Last edit: September 13, 2015, 05:40:21 AM by busterroni
 #1

Hey BitcoinTalk,

The site's URL is http://btcburns.cf.

I got this idea from /u/bruce_fenton's comment here:

Quote
Is there a site that tracks all known burned coins?

Woukd be interesting and also a great tool for analysts -- because we really don't have 21 million coins to be in circulation once all issued -- it's some number less than that

I spent a few days working on it and just launched it. I hope it's a useful tool! If you can, please consider donating to the site at 1LH4SWbAVMLB5BwjuJsEADZbW6WNUC7fhb (feel free to verify that address on the site). The first thing I'd like to do is buy a .com (or something else) domain, as the one I'm using right now is a free .cf from Freenom.

Here's the reddit post announcing it.

Let me know if you have any feedback or questions (you can also email btcburns@gmail.com),

busterroni
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pjsonowal
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September 13, 2015, 04:50:50 AM
 #2

Nice site... Idea is good.... Will try...... High five for you buddy Smiley

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September 13, 2015, 07:01:43 AM
 #3

Simple but neat website but can you explain more about what you mean by Note also that the bitcoin address used as the reward in the genesis block is included as a burned address since its coins cannot be spent
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September 13, 2015, 07:16:47 AM
 #4

Simple but neat website but can you explain more about what you mean by Note also that the bitcoin address used as the reward in the genesis block is included as a burned address since its coins cannot be spent

Actually that's incorrect and needs to be updated on the site. The reward for mining the first block's coins aren't spendable (read more here). However, the rest of the ~13 btc sent to it *can* be spent. I'm going to update the site by removing that address from the list and just adding 50 btc to the total.
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September 13, 2015, 07:19:23 AM
 #5

Simple but neat website but can you explain more about what you mean by Note also that the bitcoin address used as the reward in the genesis block is included as a burned address since its coins cannot be spent

Actually that's incorrect and needs to be updated on the site. The reward for mining the first block's coins aren't spendable (read more here). However, the rest of the ~13 btc sent to it *can* be spent. I'm going to update the site by removing that address from the list and just adding 50 btc to the total.
It will be nice to do the updating soon before a lot of people spread the information because I also knew that was not correct.
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September 14, 2015, 05:40:21 PM
 #6

There are plenty of satoshis burnt with the technique this tool provides http://www.cryptograffiti.info/
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September 16, 2015, 11:01:51 AM
 #7

http://btcburns.cf is a nice looking website with good concepts but what gives me concern is the .cf which is a free domain name and definitely it might cost the OP more than 2.5 btc to renew it next year when the website must have been truly established.

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September 17, 2015, 07:06:26 AM
 #8

Simple but neat website but can you explain more about what you mean by Note also that the bitcoin address used as the reward in the genesis block is included as a burned address since its coins cannot be spent
The website is updated now but I still agreed with alwinlinzee over the issue of free domain name because they will surely give you an outrageous bill when you are to renew the account.
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September 17, 2015, 07:42:51 AM
 #9

and you can add this
1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh - https://blockchain.info/address/1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh (zero "00" pub key hash)

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September 17, 2015, 07:44:36 AM
 #10

and

1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E (invalid EC point) - https://blockchain.info/address/1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E
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September 17, 2015, 03:41:08 PM
 #11

That's a good idea, but I think it will probably be pretty hard to find ALL the addresses that do this...but hopefully most of them.
busterroni
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September 21, 2015, 01:55:05 AM
 #12

http://btcburns.cf is a nice looking website with good concepts but what gives me concern is the .cf which is a free domain name and definitely it might cost the OP more than 2.5 btc to renew it next year when the website must have been truly established.
I'm planning on buying a .com or other popular domain with the donations I got to the address and on reddit. Why would it cost more than 2.5 btc?

and you can add this
1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh - https://blockchain.info/address/1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh (zero "00" pub key hash)



and

1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E (invalid EC point) - https://blockchain.info/address/1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E

Thanks, will add those.
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September 21, 2015, 07:29:12 PM
 #13

nice project man. You "simply" scan the whole blockchain searching for all transactions made to those addresses listed in you site? And then sum the amount of BTC? Right?

       


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busterroni
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September 22, 2015, 01:27:47 AM
 #14

nice project man. You "simply" scan the whole blockchain searching for all transactions made to those addresses listed in you site? And then sum the amount of BTC? Right?
Yep, but we add in 50 btc for the genesis block's coinbase transaction (read more). I'm also planning on adding more to the sum, like btc sent during OP_RETURN, and a few other addresses. The site uses SmartBit.com.au's API, and only updates once every eight hours because the current way we do it uses one API request for each address, but we're changing it soon so it only uses 2-3 requests (200 addresses will be searched in one request) so it will be updated in much shorter (~1 minute) intervals.
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September 25, 2015, 03:05:10 PM
 #15

Nice idea and site.

alwinlinzee
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September 25, 2015, 07:19:30 PM
 #16

http://btcburns.cf is a nice looking website with good concepts but what gives me concern is the .cf which is a free domain name and definitely it might cost the OP more than 2.5 btc to renew it next year when the website must have been truly established.
I'm planning on buying a .com or other popular domain with the donations I got to the address and on reddit. Why would it cost more than 2.5 btc?

and you can add this
1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh - https://blockchain.info/address/1FYMZEHnszCHKTBdFZ2DLrUuk3dGwYKQxh (zero "00" pub key hash)



and

1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E (invalid EC point) - https://blockchain.info/address/1HT7xU2Ngenf7D4yocz2SAcnNLW7rK8d4E

Thanks, will add those.
You can simply check their website for the amount they are selling their top domain names and those expired domain with traffics.

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September 25, 2015, 08:47:34 PM
 #17

http://btcburns.cf is a nice looking website with good concepts but what gives me concern is the .cf which is a free domain name and definitely it might cost the OP more than 2.5 btc to renew it next year when the website must have been truly established.
Renewing that domain cost almost the same as a .com...
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September 28, 2015, 02:51:01 PM
 #18

Awesome project ! Somehow, I am getting different total than whatz listed on your website

busterroni
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September 30, 2015, 02:49:05 AM
 #19

Awesome project ! Somehow, I am getting different total than whatz listed on your website

The site adds 50 btc to the sum of the balances of the addresses because the first transaction (miner's reward of 50 btc) is not spendable. Read up in the thread or check the site for more info on this.
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December 21, 2016, 08:58:10 PM
Last edit: December 27, 2016, 07:21:14 AM by bitcoinwhoswho
 #20

LOST FOREVER 26.04 BTC BURNED IN 2016

http://bitcoinwhoswho.com/blog/2016/12/21/btc-burn-addresses/

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