Post
Topic
Board Bitcoin Discussion
Re: What about those bitcoins that are LOST?
by
ausbit
on 15/07/2015, 12:41:10 UTC

So, unless people intentionally sent coins to 1DontSentHereCoz1tsGone4Ever they cannot prove that they are telling the truth or don't have any backups.
Could someone please explain how this address works?
I imagine that it's just a btc address that is guaranteed some how that the private keys have been distroyed, but are the coins still sitting in that wallet/address and could anyone ever hack it to steal the coins?

i think it's a joke man, that address does not exist lol, but i guess someone could customize it with some tools

Yeah thought that, i did try check it on blockchain but it says not recognised.
I still think i do remember reading about an addresd where you can send coins to and they will be lost or destroyed forever, maybe it was something to do with testing transactions.
I will edit post if i can find anything about this, or if someone else can help.