I'd rather not tell where I read it because in my attempts to be as social as possible I don't want to look like someone asking a Jewish community: "I read about ... in Mein Kampf, what do you think of it?"
Anyways, I read in a published book that Bitcoins sent to the so-called "burn addresses" will be available for miners to recover at some point in the future. Can someone, please, explain whether it is utter nonsense, or does it make sense in a way?
P.S. Please, don't ask about the book title. I really don't want to promote it. In my personal opinion, it is very poorly written, and, basically, a waste of time for the most part.I have read a bit about Proof of Burn and other stuff regarding burning coins. E.g: Transferring parent chain coins to sidechain coins (SPV two-way peg), time stamping, bootstrapping, putting
arbitrary data(?) into the blockchain. Even read somewhere about forking attacks via bribery. All this possible
if I'm not mistaken, with that confusing as hell
OP_RETURN.
The weird thing is, if you are relatively new into this world like me, you go and google "OP_RETURN" or whatever and you get: "Used to mark a transaction output as invalid. Since any outputs with OP_RETURN are provably unspendable, OP_RETURN outputs can be used to burn bitcoins", or as I mentioned up there, "Anyone can use a NULL DATA script to add some arbitrary data to a transaction". That's doesn't really help if you see what Counterparty did, for example.
I have also read that some authors write it as: provably "unspendable" output. Why the quotation marks?
Sorry for asking, would you mind PMing me the book title? I do like reading poor written stuff from time to time.