All BitcoinEater Adresses

[calkob]

why on earth would anyone send to these address, i just dont get it, its like burning your cash in the house 

[1715687257]

1715687257

[1715687257]

1715687257

[1715687257]

1715687257

[1715687257]

1715687257

[Senor.Bla]

why on earth would anyone send to these address, i just dont get it, its like burning your cash in the house 

there are some altcoins out there where you can "buy" or create them by destroying or burning your bitcoin. to do so you send your coins to such an address where they are lost forever.
so it is like burning your cash in the house but with the promise to get some new other cash for it.

[European Central Bank]

The coins sent there cant be moved. The coins that are not circulating cant be sold.

Therefore "burned" coins increase the value of bitcoin, because it decreases the effective supply.

this ain't my area of expertise. so these addresses are created without a private key? can people be totally certain about this? is it more work to create a private key? how do you arrive at an operating address without a private key?

[unamis76]

The coins sent there cant be moved. The coins that are not circulating cant be sold.

Therefore "burned" coins increase the value of bitcoin, because it decreases the effective supply.

this ain't my area of expertise. so these addresses are created without a private key? can people be totally certain about this? is it more work to create a private key? how do you arrive at an operating address without a private key?

Yes, yes (try to calculate these addresses on vanitygen), a lot of work and check this

[ShrykeZ]

I never really understood the whole idea around burning coins, it was done more so in the earlier days.