I would like to know if a bitcoin burn address can be tied to a string. This question is not about OP_RETURN or other ways of embedding into a blockchain.

Here's the processes that I went through:

Where did I go wrong?

  • 2
    May I ask why you would want to do this? You can have an address that commits to a string without burning money. – Pieter Wuille Mar 16 '19 at 2:55
  • Sure Pieter big fan of your work. Omni transactions take up the OP_RETURN call. So if you want a cross-platform proof-of-burn token, that also puts data into the chain, you have to add tx outputs to stringified addresses. – nick carraway Mar 16 '19 at 3:02
  • 1
    Nick, creating unspendable outputs is harmful to the Bitcoin system because it perpetually burdens nodes to carry around state relating to these coins, you should avoid doing this. If you adopt practices like this commercially and at scale, over the long run it may cause Bitcoin users to adopt countermeasures that block your activity. (and this sort of thing is eminently blockable at the cost of making addresses quite a big longer) – G. Maxwell Mar 16 '19 at 3:17
  • 1
    @nick carraway: spending 0-value outputs is legal. Full nodes have no choice but to keep such outputs in their UTXO set. – Pieter Wuille Mar 16 '19 at 4:44
  • 1
    @nickcarraway The consensus rules allow it. There are policies around the creation of dust limits, but those don't alleviate the need to keep such outputs around if they're created in a block, as validity of future blocks may depend on them. – Pieter Wuille Mar 30 '19 at 20:04

I had a couple errors. The first byte of aaaaaaaaaaaaaaaaaaaaa should be a version number, which can be 0. 0aaaaaaaaaaaaaaaaaaaa. The hash is appended to the end of the string, not the beginning.

  1. Select a version number: 0
  2. Append a 20-byte string (0aaaabbbbccccddddeeee)
  3. Convert the 21-byte string to hex: 306161616162626262636363636464646465656565
  4. Using a hex-compatible SHA256 (like in the link above), hash the hex string from 3 twice, then take the first 4 bytes. 27ac3662 (in hex, 2 letters = 1 byte)
  5. Append those 4 bytes to END of the 21-byte hex string: 30616161616262626263636363646464646565656527ac3662
  6. Convert the hex to base58 using an encoder: LU6rTvpr7C1AEpQLGwJP5xq7FBthTXAAqw.
  7. Check in the bitcoin validator link above. should be working.

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.