0

If a burn address is created without a private key to prevent access to the bitcoin there, is not possible to create a transaction which would spend the utxos since there is no private key to sign the transaction?

1

not possible to create a transaction which would spend the utxos since there is no private key to sign the transaction?

Yes. That's the whole point of a burn address - to have an address where no one is able to spend the coins.

Of course, in theory, someone could find a private key that corresponds to a burn address, but the probability is so small that it is effectively 0.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.